£130,000

1 bedroom flat for sale

Queen Street, Portsmouth PO1
flat flat
bedroom 1 bedroom
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Property 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 PCM144-year lease remainingService Charge - £164.70 Per MonthGround Rent - £100 Per AnnumSellers Position - No Onward ChainEPC - Band CCouncil Tax - Band B, £1696 Per Annum (2024/2025) Portsmouth City Council
EPC Rating: C
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First listed

2 weeks ago

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Queen Street, Portsmouth PO1

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Nested 9 Dallington Street London EC1V 0LN
Call agent on 020 7768 1454
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