1 bedroom apartment for sale

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1 bedroom apartment for sale

Admiralty Road, Portsmouth, Hampshire
£180,000

Price History

Initial price £200,000
03/09/24 £180,000
Price Change -10.00%

Description

This one-bedroom apartment is located in a central Portsmouth area, within walking distance to Gunwharf Quays and Commercial Road shopping center, making it an ideal investment opportunity. The property is currently tenanted, achieving a yield of 7.3%, and features a good-sized balcony with partial views of the Solent. The apartment has a neutral decor and carpets throughout, electric heating, and benefits from a 24-hour concierge service and secure underground parking. The property is situated in a requested development close to local transport links and Gunwharf Quays, making it an attractive option for first-time buyers and investors alike. With a tenant already in situ, this property presents a great opportunity to generate a steady income stream.