Guide Price: £130,000 – Investment Opportunity – Gross Yield in Excess of 10%

This one-bedroom ground floor apartment presents an exceptional opportunity for buy-to-let investors. Offered at a guide price of £130,000, the property is tenanted until August 2026 with a current rental income of £1,150 per calendar month, delivering a gross yield of just over 10%. The apartment also benefits from a long lease of approximately 144 years remaining, making it a secure and appealing investment.

Offered with no onward chain, this property enables purchasers to complete swiftly and benefit from an immediate rental income stream.

For further information or to arrange a viewing, please contact us at your earliest convenience.

Tenancy secured until August 2026 – £1,150 PCM

144-year lease remaining

Service Charge - £164.70 Per Month

Ground Rent - £100 Per Annum

Sellers Position - No Onward Chain

EPC - Band C

Council Tax - Band B, £1696 Per Annum (2024/2025) Portsmouth City Council