Property Summary

This 1-bedroom leasehold flat in Southsea, Portsmouth, offers a compact 291 sq ft living space comprising a lounge, kitchen, and three-piece bathroom. It benefits from communal private parking and is currently tenanted, generating an annual gross income of £8,700 with a current gross yield of 10.44%, rising to a potential 12.24% with increased rent. The property is well-suited for investors seeking a reliable buy-to-let opportunity, featuring long-term tenants who have consistently paid rent on time and wish to remain. With a council tax band A and an EPC rating of E, this flat represents a strong addition to an investment portfolio, supported by detailed tenancy compliance and a secure leasehold tenure.