1 bed flat for sale

Queen Street, Harbour Ridge PO1

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

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.