Initial price	£125,000
29/11/25	£105,000
Price Change	-16.00%

This leasehold apartment in Portsmouth is being sold via Secure Sale online bidding, with a starting bid of £105,000. The property, which spans 441 square feet, features a comfortable reception room, a well-proportioned double bedroom, and a modern bathroom. The apartment is situated on London Road, offering easy access to local shops, restaurants, and transport links, making it an excellent choice for investors seeking a rental property in the heart of the city. The property is currently rented out for £825 per month, generating an annual income of £9,900. The lease has 125 years remaining, with an annual ground rent of £150 and a service charge of £1,000. While the property is being sold as an investment opportunity, it also offers a comfortable living space for its occupants.