Guide price
£130,000
(£276/sq. ft)
1 bed flat for saleQueen Street, Harbour Ridge PO1
1 bed
1 bath
1 reception
470 sq. ft
EPC Rating: C
Just added
Chain free
Leasehold
About this property
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
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.
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.
More information
Tenure
Leasehold (144 years)
Service charge
£165 per month
Council tax band
B
Ground rent
£100
Ground rent date of next review
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