Long lease, allocated parking — ideal starter home or investor project needing modernisation..
976-year lease provides long-term security
Allocated off-street parking included
Ground-floor, no-stairs access
Open-plan kitchen/living maximises space
Requires modernisation throughout
Service charge approx. £1,000pa
Council Tax Band B (Portsmouth City Council)
Area records above-average crime and deprivation
A practical two-bedroom ground-floor flat with genuine long-lease security and allocated off-street parking. The open-plan kitchen/living area makes efficient use of the 542 sq ft, suitable for a first-time buyer or investor seeking rental income without lease concerns.
The property requires modernisation throughout, presenting clear scope to add value by updating the kitchen, bathroom and finishes. The long 976-year lease is a major positive; service charge is currently noted at around £1,000 per year and council tax Band B applies, so factor these running costs into affordability or yield calculations.
Set in an urban Portsmouth location with good local amenities and transport links, the block dates from the 1980s and benefits from double glazing and wired heating via a boiler and radiators (electric main fuel). The flat’s compact rooms and ground-floor position suit buyers wanting no-stairs access, but those seeking spacious living or high-end finishes should expect renovation work.
Note the area records higher-than-average crime and local deprivation metrics; this affects long-term demand and should be considered by owner-occupiers and investors. Overall, this is a straightforward, low-risk leasehold purchase for someone prepared to modernise and personalise the space to secure future capital growth or rental returns.
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