Initial price	£115,000
19/08/25	£99,500
Price Change	-13.48%

This ground floor studio flat is being sold by private treaty with a tenant in situ, making it suitable for investors only. The property features a private courtyard area with a garden shed, and a car parking space is included. The flat has an open-plan living space with a kitchen area and separate bathroom, and is located in the Southsea area of Portsmouth. The property is long leasehold, with approximately 86 years remaining on the lease, and the ground rent is currently £50 per annum, increasing to £75 in 2026. The asking price is £99,500, and the property generates a rental income of £850 per calendar month. The flat is rated within council tax band A and has an EPC rating of D, which expires in 2035. Viewings can be arranged through John Pye Property.