Summary - 41 Admiralty Tower, Queen Street PO1 3GA
1 bed 1 bath Flat
Chain-free investment with ready rental income and concierge convenience.
Current tenancy at £1,500 pcm (let income in place)
Sea views from private balcony, 12th-floor aspect
Allocated parking space in secure car park
Concierge service and modern open-plan interior
Long lease remaining (134 years) and chain-free sale
Electric storage heating; higher running costs possible
City-centre, student-dominated area with higher local crime
Communal service charges and ground rent (£150) apply
This 12th-floor one-bedroom apartment in Admiralty Tower offers clear investor appeal: chain-free sale, current tenancy at £1,500 pcm, and a private balcony with sea views. The long lease (134 years) and allocated parking in a secure car park make it straightforward to let or re-let. Residents also benefit from a concierge service and a modern open-plan living space finished to a high standard.
There are important practical considerations. The building sits in a city-centre, student-heavy neighbourhood with higher local crime and area deprivation, which may affect long-term tenant mix and resale. Communal service arrangements mean annual charges apply (building management and services), and heating relies on electric storage heaters—both factors that influence running costs and tenant demand.
For investors, the advertised rent produces a strong gross income relative to the asking price, but net yield will be reduced by service charges, ground rent (£150) and council tax obligations. For a first-time buyer seeking a coastal city pied-à-terre, the apartment’s modern fixtures, smart-home features and concierge add convenience, though urban noise and limited private outdoor space should be weighed.
Viewings are recommended for anyone wanting a compact, contemporary apartment with ready-made rental income and clear potential; buyers should obtain exact service charge figures, building insurance/sinking fund details and recent in-block comparables before committing.
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