Currently let with dependable rental income near university and transport links.
Currently tenanted at £850 pcm, providing immediate rental income
Sold at auction via secure online bidding — terms apply
Leasehold with 115 years remaining
Service charge £1,020 pa and ground rent £250 pa
Small overall size (~431 sq ft); compact one-bedroom layout
Very high local crime and very deprived area — factor in risk
Close to university, transport links and extensive local amenities
Council Tax Band A (low)
A compact one-bedroom apartment in central Portsmouth, offered at auction with online secure bidding. The flat is currently let at £850 pcm, providing immediate rental income and strong interest from the nearby university student market. Sale is leasehold with 115 years remaining.
The accommodation is a linear layout with an open-plan kitchen/living area, modern fittings, double glazing and electric central heating. Annual service charge (£1,020) and ground rent (£250) are payable; council tax is low (Band A). The property is small at about 431 sq ft and best suited to buyers seeking a buy-to-let or a compact city pied-à-terre.
Buyers should note material considerations: the building lies in a very deprived area with very high crime levels, and the flat will be sold at auction under specific terms and conditions. It is currently tenanted, so viewings and vacant possession will be subject to the tenancy.
For an investor, the flat’s proximity to the university, excellent transport links and plentiful local amenities support consistent lettings. For a purchaser seeking long-term self-occupation, factor in the size, location and existing tenancy when planning a purchase or refurbishment.
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