Summary - 1 Yorke Street PO5 4EJ
3 bed 1 bath Maisonette
**Standout Features:**
- 3 Bedrooms (2 doubles, 1 single)
- Ground floor maisonette
- High rental yield potential at 9.2%
- Chain-free sale
- Prime location in Southsea near Portsmouth University and the seafront
- Double glazing; mains gas heating
- Service charge: £2,232/year; Ground rent: £120/year
This three-bedroom ground floor maisonette presents an incredible opportunity for investors, located in the vibrant and cosmopolitan neighborhood of Southsea. With roomy interiors including a spacious lounge and kitchen, and situated just a short walk from local amenities and transport links, this property is ideal for both short-term and long-term rentals. A new tenancy starting September 2025 ensures a strong rental income of £1,695 per month, offering a remarkable rental yield that significantly outpaces the local average.
While the property provides solid income potential, it’s important to note the overall condition stemming from its mid-20th century construction. The double glazing offers improved energy efficiency, but some updates may enhance comfort and appeal. The area, while convenient, does face challenges like higher crime rates and economic deprivation, which could influence neighborhood stability.
Families or first-time buyers may appreciate the proximity to local schools—ranging from state-funded to esteemed independent institutions—and various community amenities, adding value to everyday living. Don’t miss this chance to invest in a property that promises both potential and profitability in a sought-after location!
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