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The Crescent, Gunwharf Quays, Portsmouth, PO1 3SZ

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Investment opportunity
  • Ideal location
  • EWS1 form in place
  • 6th floor apartment
  • Two double bedrooms
  • Two bathrooms
  • Parking included
  • Juliette balcony
  • Abundance of amenities within walking distance
  • Enquire for video tour

Description

yieldit are delighted to offer to the market this luxurious property as buy-to-let investment. Sold with tenant in situ, allowing you to enjoy immediate income from completion and an attractive rental yield of 5% at the asking price. The Crescent is a modern development at the sought after address of Gunwharf Quays, benefiting from an abundance of shops, restaurants and amenities right on it's doorstep.

Gunwharf Quays is a vibrant hub for retail, dining, and entertainment, located on the stunning Portsmouth waterfront. With a state of the art Cinema, leisure and entertainment options in addition to Its picturesque and convenient location, properties in the area will continue to be in high demand and so now is the perfect opportunity to invest. The development is just a short walk from Portsmouth Harbour Train Station, Town Centre & Portsmouth University, meaning it appeals to a wide spectrum of tenant.

Portsmouth is a fantastic city to look to invest, being one of the UK's only island cities with miles of waterfront to explore. It's one of the most picturesque and exciting places to live in the UK, with £2billion worth of investment plans. It has a huge student population and was recently voted one of the most affordable student cities in the UK. It's proximity to London and connectivity also make it an attractive base for working professionals. Don't miss out and enquire today for further details and a video tour.

Financial Breakdown

Gross Rent: £19,200.00
Net income: £14,995.00
Gross yield: 6.4%
Net yield: 5%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08080
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Crescent, Gunwharf Quays, Portsmouth, PO1 3SZ

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About yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartments in some of the UK's best rental markets. Whatever your requirements, yieldit has the perfect investment (or buyer) for you!

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Disclaimer - Property reference YL-08080. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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