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2 Bed Flat, Portsmouth, PO1 5DF £120,000

1 Nancy Road, PO1 5DF, Portsmouth - 19 days ago
  1. Deal Search
  2. Portsmouth
  3. PO1
  4. PO1 5DF
B2SA
ROI: 34%
44 m²

ValuationOvervalued

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Property History

Listed for £120,000

November 26, 2025

Sold for £120,000

2003

Floor Plans

Description

  • Tenanted investment opportunity +
  • Two bedroom apartment +
  • Balcony +
  • Allocated parking +
  • Appealing yield in the region of 10% NET +
  • Popular development +
  • Close to amenities and transport links +
  • Enquire for video tour +

Located in the ever-popular PO1 district, Nancy Road presents an excellent opportunity for investors seeking a strong and reliable buy-to-let asset in Portsmouth. This two-bedroom apartment comes with private parking and is offered with a tenant in situ, providing immediate rental income and making it an excellent turnkey investment so you can hit the ground running.

The property benefits from a superbly convenient location. Just moments away is The Bridge Shopping Centre, along with a range of local shops and an Asda supermarket directly across the road, ensuring day-to-day amenities are always within easy reach. For commuters and tenants relying on public transport, the local train station is only a 5-minute walk away, adding strong appeal for professionals and students alike.

The wider area offers several well-known landmarks that add to the desirability of the location. Fratton Park, home of Portsmouth FC, is close by, making this an attractive spot for sports enthusiasts. Victoria Park provides a pleasant green space within easy distance, while the property is just 0.8 miles from Commercial Road High Street, one of the city’s main shopping and retail districts. For lifestyle and leisure, Gunwharf Quays—with its iconic waterfront setting, designer outlets, bars, and restaurants—is only 1.2 miles away.

From an investment perspective, the PO1 postcode continues to perform strongly, offering attractive rental yields and consistent demand driven by its centrality and wealth of amenities. Combined with the apartment’s practical layout, private parking, and existing tenancy, this property is exceptionally well-positioned for long-term rental stability and income growth.

Overall, Nancy Road represents a rare and compelling turnkey investment in a high-demand location. Its combination of strong tenant appeal, excellent nearby amenities, and immediate rental income makes it an attractive, low-risk addition to any property portfolio.

Financial Breakdown

Gross Rent: £13,800.00
Net income: £11,575.36
Gross yield: 11.5%
Net yield: 9.65%
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-08338

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
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  • More B2SA Deals in PO1

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