Initial price	£220,000
25/05/24	£210,000
07/07/24	£200,000
04/10/24	£180,000
07/02/25	£175,000
Price Change	-20.45%

NEXA Properties presents a modern two-bedroom second-floor apartment on Elm Grove, Southsea, available for sale with a tenant in situ. The property boasts a spacious open-plan lounge with a Juliet balcony, modern fitted kitchen, two double bedrooms with built-in wardrobes, and a modern bathroom suite with a shower over bath. Currently rented out for £1,000 per month, this property would be an excellent addition to an investment portfolio or a first-time buyer. The lease has 125 years remaining from 2005, with a service charge of £2,143.68 per annum and ground rent of £150 per annum. With a current rental income and a prime location, this property offers a great opportunity for investors and first-time buyers alike.