High yield rental near Southsea and Gunwharf Quays for hands-on investors.
- Three bedrooms across two floors, 847 sq ft total
- Chain free sale, quick completion possible
- Off-street residents’ parking and communal grounds
- Lounge/diner plus separate kitchen and utility room
- Community heating via mains gas; limited individual control
- Leasehold tenure; likely service charges and ground rent
- 1970s construction; double glazing install date unknown
- Area classification: deprived; rental market constrained locally
A spacious three-bedroom maisonette arranged over two floors offering 847 sq ft of living space. The property is chain free and includes off-street residents’ parking and communal grounds, making it straightforward to occupy or rent quickly.
This layout features a generous lounge/diner, kitchen with separate utility and a ground-floor WC, with three bedrooms and a family bathroom on the first floor. Built in the late 1970s/early 1980s, the block is brick-built with double glazing (installation date unknown) and community heating supplied via mains gas.
Presented as an investment opportunity, the property is already identified with strong rental potential and an estimated 10% yield. Local amenities, good public transport links and easy access to Southsea and Gunwharf Quays support lettings to professionals and families.
Buyers should note this is a leasehold flat: there may be service charges, ground rent and rules set by the managing scheme. The area is classified as deprived with constrained rental demand in parts, and the heating is via a community scheme which can carry ongoing costs and limited control compared with individual systems.
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