Book a Viewing
To book a viewing for this property, please call Nested Winchester, on 020 3858 0695.
To book a viewing for this property, please call Nested Winchester, on 020 3858 0695.
1 Bedroom Apartment, Queen Street, Harbour Ridge, PO1
Queen Street, Harbour Ridge, PO1
Nested Winchester
Fora, 9 Dallington Street, London
Description
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
EPC Rating: C
Key Features
- Ground Floor Flat
- One Double Bedroom
- Spacious Open Plan Living Area
- Balcony Overlooking Greenery Areas
- Walking Distance To Gunwharf Quays & Portsmouth University
- Full Gas Central Heating & Double Glazing
- Large Storage Cupboard
- 144 Year Lease Remaining
- Investors Only - Huge 10% Gross Yield Investment!
- No Onward Chain
Property Details
- Property type: Apartment
- Price Per Sq Foot: £277
- Approx Sq Feet: 470 sqft
- Plot Sq Feet: 4,876 sqft
- Property Age Bracket: 1970 - 1990
- Council Tax Band: B
- Tenure: Leasehold
- Lease Expiry: 19/08/2169
- Ground Rent: £100.00 per year
- Service Charge: £164.70 per month
Floorplans
Location
Situated in a prime central location on Queen Street, the property is ideally placed for access to Gunwharf Quays, with its extensive retail, dining and leisure facilities. Portsmouth University is located nearby, ensuring strong ongoing rental demand, while excellent transport connections — including Portsmouth Harbour railway station and major bus routes — are all within easy reach.
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