Initial price	£120,000
06/05/25	£110,000
Price Change	-8.33%

This one-bedroom top floor flat is conveniently located in Cottage Grove, just north of Elm Grove, and is well-suited for first-time buyers, owner-occupiers, and investors. The property is situated within easy reach of public amenities, Southsea Town Centre, and Portsmouth University Campus, and has a projected rental return of around £750 per month, equivalent to a gross yield of 8.25% per annum. The flat itself is one of four converted units in a late-Victorian, inner-terrace property, with a rendered facade and modern tiled roof. The interior features a recessed porch, entrance hall, bedroom with en-suite shower room and W.C., and a living room/kitchen with fitted cupboards, work surfaces, and gas cooker point. The property has a 189-year leasehold, with 153 years remaining, and a service charge of £2,066.18 per annum. The council tax is Band 'A', and the EPC rating is 'D'. Viewings are available by appointment with the sole agents.