Queen Street, Portsmouth PO1 1 bed apartment for sale

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Queen Street, Portsmouth PO1 1 bed apartment for sale

Queen Street, Harbour Ridge, PO1
£130,000

Our Summary

  • Guide Price: £130,000 – Investment Opportunity – Gross Yield in Excess of 10%

Description

This one-bedroom ground floor apartment is an exceptional buy-to-let investment opportunity, offering a guide price of £130,000 and a gross yield of over 10%. The property is tenanted until August 2026, generating a current rental income of £1,150 per month, and benefits from a long lease of approximately 144 years remaining. With no onward chain, buyers can complete quickly and start benefiting from an immediate rental income stream. The property also has a service charge of £164.70 per month and a ground rent of £100 per annum, making it a secure and appealing investment for those looking to generate a strong return on their investment.