Queen Street, Harbour Ridge, PO1

- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
470 sq ft
44 sq m
Key features
- 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
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 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
- 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Queen Street, Harbour Ridge, PO1
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Visit our security centre to find out moreDisclaimer - Property reference dce27336-1d09-4f74-b23a-7304897b8d26. 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 Nested, Nationwide. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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