1 bedroom flat for sale

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1 bedroom flat for sale

Cottage Grove, Southsea PO5 1EN
£98,000

Price History

Initial price £120,000
06/05/25 £110,000
18/07/25 £98,000
Price Change -18.33%

Description

This one-bedroom top floor flat is a great opportunity for first-time buyers, owner-occupiers, and investors alike. Located in a convenient spot in Southsea, it's within easy reach of public amenities, town center, seafront, and major transportation hubs. The flat itself is part of a charming, late-Victorian property with a rendered facade and modern roof. The interior features a bright and airy living room/kitchen with UPVC windows, electric panel heaters, and a security intercom. The bedroom has an en-suite shower room and w.c., and the flat also benefits from a loft space. With a projected rental return of £750 per month and a gross yield of 8.25%, this property is a great investment opportunity. The lease has 153 years remaining, and the service charge is £2,066.18 per annum. Viewings are available by appointment with the sole agents.