Gatcombe House, Copnor Road
Portsmouth
Hampshire
PO3 5EJ
Admiralty Road, Portsmouth
Asking price £170,000
1 Bedroom Flat - Purpose Built
- 1 Bedroom Purpose Built Flat
- Tenant in Situ
- 7.5% Yield
- Well Presented
- Turn Key Property
- Parking Space Included
- Ideal for Investors
- No Chain
- Excellent Location
Situated on sought-after Admiralty Road, this well-presented one-bedroom apartment represents an excellent investment opportunity, with a tenant already in situ generating £1,070 per calendar month, providing rental income from day one.
Built in 2008, the modern purpose-built apartment extends to approximately 465 sq ft and offers well-planned accommodation designed to make effective use of the available space. Presented in excellent condition throughout, the property provides a bright, contemporary home with strong appeal to the rental market.
The accommodation comprises a spacious reception room, well-proportioned double bedroom, modern fitted kitchen and stylish bathroom, all finished to a good standard. An allocated parking space provides an additional benefit and further enhances the property's appeal.
Admiralty Road is conveniently positioned for Portsmouth city centre, transport links, waterfront attractions and major local employers, making the property particularly well placed for professional tenants.
With its modern construction, manageable size and established tenancy, the apartment offers investors a straightforward, income-producing addition to their portfolio.
Offered with no onward chain and a tenant already in place, this is an attractive turnkey investment combining immediate rental income with a convenient Portsmouth location.
Lease Details
Lease Remaining - 107 years
Service Charge - £1402.49 every 6 months
Ground Rent - £75 every 6 months
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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