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2 bedroom apartment for sale

Cross Street, Portsmouth, Hampshire
Apartment
2 beds
2 baths
602
EPC rating: C
Added < 14 days

Key information

TenureLeasehold | 134 yrs left
Ground rent£200 per annum | review period: unconfirmed
Service charge£4,365 per annum
Council taxBand D
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and 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.

Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £96 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.’’

Property information from this agent

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About this agent

Leaders - Gunwharf Quays
Leaders - Gunwharf Quays
Unit 95 Gunwharf Quays PO1 3FA
023 9424 6181
Full profileProperty listings
With a network of over 120 branches, Leaders provides its customers and clients with a comprehensive range of property services including: residential sales, lettings and property management, financial advice, conveyancing, surveys and valuations and land and new homes, meaning our clients and customers can achieve all their property solutions 'Under One Roof'.
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