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2 Bed Terraced House, Portsmouth, PO1 3GF £250,000

Cross Street, Portsmouth, Hampshire, PO1 3GF - 22 days ago
  1. Deal Search
  2. Portsmouth
  3. PO1
  4. PO1 3GF
Leasehold
B2SA
ROI: 2%
62 m²

ValuationOvervalued

AI score: 75/100. This may not be accurate, please check manually.

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Links

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Property History

Listed for £250,000

November 27, 2025

Floor Plans

Description

  • Investment Opportunity +
  • Current Tenants Paying £1400 PCM +
  • Two Bedroom, Sixth Floor Apartment +
  • Wraparound Terrace +
  • Allocated Parking +
  • Located Close to Portsmouth Harbour Train Station and Portsmouth University +

Situated on the sixth floor of the highly regarded Mermaid House in the Admiralty Quarter, this stylish two bedroom apartment offers an outstanding opportunity — especially suited to investors, being sold with tenants in situ. The property enjoys an ideal location: within a few minutes’ walk of Portsmouth Harbour Train Station (with direct links to London), the vibrant retail and leisure destination of Gunwharf Quays, and the historic surroundings of the Portsmouth Historic Dockyard.

Upon entry you are welcomed into a light and well-appointed open plan living space that seamlessly links the lounge and fitted kitchen. Floor-to-ceiling glazing and lift access add to the sense of ease and modern living. The two double bedrooms include a master with en-suite and there is also a separate main bathroom — a configuration that supports both comfortable occupancy and rental appeal.

Additional attributes that enhance the investment case include secure allocated parking, cycle store, lift access, secure entry system and the building’s strong location within a popular, high-demand rental zone. Given the tenants are in place, the apartment presents immediate rental income potential without the delays of marketing or finding a tenant.

In summary: a very well-positioned, modern 6th-floor apartment in a landmark building, walking distance to major transport, retail, university and historic amenities — sold with tenant in situ and primed for the next investor.

S

Agent Details

Leaders Waterside Properties Sales, Gunwharf Quays

0238 001 7310

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: 75/100. This may not be accurate, please check manually.

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