£220,000

(£359/sq. ft)

2 bed flat for sale
Lion Terrace, Portsmouth PO1

    • 2 beds

    • 1 bath

    • 1 reception

    • 613 sq. ft

  • EPC Rating: B

Leasehold
Added on 22/04/2025

About this property

  • Great investment oppourtunity

  • Two bedroom apartment

  • Off road allocated parking space

  • Balcony

  • Currently tenanted until July 2026

  • Achieving £1350.00 per month rent

  • Desirable location

  • No forward chain

  • Modern and neutral decor throughout and offered fully furnished

  • Close to gunwharf quays

Well-presented 2-bed apartment in sought-after Lion Terrace, moments from the uni and Gunwharf. Strong investment with tenancy until July 2026 achieving £1,350pcm. Features two doubles, modern bathroom, open-plan lounge/kitchen and balcony.

Property description We are delighted to welcome to the market this very well presented two bedroom apartment in the sought after location of Lion Terrace, just off Queen Street. Located perfectly with a short walk to the university campus and Gunwharf.
This investment opportunity is one not to be missed. With a tenancy secured until July 2026 and a monthly rent being achieved of £1350.00 per month this property generates a desirable yield for any investor.
The apartment comprises of a large entrance hallway. Two double bedrooms. A white bathroom suite with WC, hand basin and shower over the bath. There is also a large open plan lounge/dining area with double doors leading onto the balcony and a fully fitted kitchen with appliances.

Entrance hallway 15' 4" x 5' 5" (4.67m x 1.65m)

bedroom one 6' 6" x 12' 11" (1.98m x 3.94m)

bedroom two 8' 6" x 12' 11" (2.59m x 3.94m)

storgae cupboard 3' 11" x 4' 11" (1.19m x 1.5m)

bathroom 7' 2" x 6' 1" (2.18m x 1.85m)

kitchen 10' 5" x 6' 1" (3.18m x 1.85m)

living room 10' 5" x 17' 6" (3.18m x 5.33m)

hmrc compliance To help keep the buying and selling process smooth and secure, all sellers and buyers will need to complete quick online identity checks through Credas. These checks cost £50+VAT. Per person and are paid directly to Credas in advance. This simple step confirms your identity and ensures we meet our legal requirements set by hmrc, making the process safer for everyone involved.

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Monthly repayment

£1,100 per month

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More information

  • Tenure

    Leasehold (137 years)

  • Service charge

    £2,009 per year

  • Council tax band

    C

  • Ground rent

    £392

  • Ground rent date of next review

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