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2 Bed Flat, Portsmouth, PO1 3SZ £285,000

The Crescent, Gunwharf Quays, Portsmouth, PO1 3SZ - 1 views - 10 months ago
  1. Deal Search
  2. Portsmouth
  3. PO1
  4. PO1 3SZ
B2SA
ROI: 9%
~68 m²

ValuationOvervalued

AI score: 60/100. This may not be accurate, please check manually.

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Links

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Property History

Price changed to £285,000

May 27, 2025

Listed for £300,000

March 10, 2025

Sold for £223,027

2007

Description

  • Investment opportunity +
  • Ideal location +
  • EWS1 form in place +
  • 6th floor apartment +
  • Two double bedrooms +
  • Two bathrooms +
  • Parking included +
  • Juliette balcony +
  • Abundance of amenities within walking distance +
  • Enquire for video tour +

yieldit are delighted to offer to the market this luxurious property as buy-to-let investment. Sold with tenant in situ, allowing you to enjoy immediate income from completion and an attractive rental yield of 5.26% at the asking price. The Crescent is a modern development at the sought after address of Gunwharf Quays, benefiting from an abundance of shops, restaurants and amenities right on it's doorstep.

Gunwharf Quays is a vibrant hub for retail, dining, and entertainment, located on the stunning Portsmouth waterfront. With a state of the art Cinema, leisure and entertainment options in addition to Its picturesque and convenient location, properties in the area will continue to be in high demand and so now is the perfect opportunity to invest. The development is just a short walk from Portsmouth Harbour Train Station, Town Centre & Portsmouth University, meaning it appeals to a wide spectrum of tenant.

Portsmouth is a fantastic city to look to invest, being one of the UK's only island cities with miles of waterfront to explore. It's one of the most picturesque and exciting places to live in the UK, with £2billion worth of investment plans. It has a huge student population and was recently voted one of the most affordable student cities in the UK. It's proximity to London and connectivity also make it an attractive base for working professionals. Don't miss out and enquire today for further details and a video tour.

Financial Breakdown

Gross Rent: £19,800.00
Net income: £15,595.00
Gross yield: 6.95%
Net yield: 5.47%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08080

Agent Details

yieldit, Manchester

0161 524 5818

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Links

  • More Deals in Portsmouth
  • More Deals in PO1
  • More B2SA Deals
  • More B2SA Deals in Portsmouth
  • More B2SA Deals in PO1

Cashflows

AI score: 60/100. This may not be accurate, please check manually.

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