1/8
Retirement
£60,000
1 bed · 1 bath
Simpson Road, Portsmouth
0 miles
away
Leasehold
Added on 16/09/2026 William H. Brown
1/9
1/9
£60,000
Offers in Excess of 1 bed flat for sale Simpson Road, Portsmouth
1
bed 1
bath Apartment
Leasehold
Added on 16/09/2026
About this property
Situated within the popular Rudmore Court development in Portsmouth, this well-presented second-floor one-bedroom apartment offers an excellent investment opportunity, being sold with a tenant in situ and generating an impressive 10.8% net yield after service charges and ground rent. The accommodation comprises a stunning open-plan kitchen and living area, creating a bright and modern living space ideal for contemporary lifestyles.
Key features
- One-bedroom second-floor apartment
- Investment Only
- Impressive 10.8% net yield (after service charges and ground rent)
- Stunning open-plan kitchen/living area
- Excellent ready-made investment opportunity
- Chain free
- Sold with tenant in situ
Location
Simpson Road, Portsmouth, PO2 8SS
- Council tax
- Band D (Approx £2,292/year)The agent has not stated the band, so band D is shown as the local reference: Portsmouth's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £60,000
£30k £90k
Deposit10% £6,000
£0 £60k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £54,000 mortgage. Most lenders would want a household income of about £12,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in PO2 8SS. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 41, Rudmore Court, Simpson Road Flat / maisonette | Flat / maisonette | Sept 2024 | 743 sq ft £147/sq ft | 743 sq ft | £147 | £109,000 |
| Flat 36, Rudmore Court, Simpson Road Flat / maisonette | Flat / maisonette | Nov 2023 | 323 sq ft £178/sq ft | 323 sq ft | £178 | £57,500 |
| Flat 29, Rudmore Court, Simpson Road Flat / maisonette | Flat / maisonette | Apr 2023 | 538 sq ft £111/sq ft | 538 sq ft | £111 | £60,000 |
| Flat 18, Rudmore Court, Simpson Road Flat / maisonette | Flat / maisonette | Jan 2023 | 560 sq ft £92/sq ft | 560 sq ft | £92 | £51,500 |
| Flat 41, Rudmore Court, Simpson Road Flat / maisonette | Flat / maisonette | Apr 2022 | 743 sq ft £137/sq ft | 743 sq ft | £137 | £102,000 |
| Flat 39, Rudmore Court, Simpson Road Flat / maisonette | Flat / maisonette | Apr 2022 | 334 sq ft £180/sq ft | 334 sq ft | £180 | £60,000 |
| Flat 10, Rudmore Court, Simpson Road Flat / maisonette | Flat / maisonette | Mar 2022 | 409 sq ft £134/sq ft | 409 sq ft | £134 | £55,000 |
| Flat 12, Rudmore Court, Simpson Road Flat / maisonette | Flat / maisonette | Jul 2021 | 398 sq ft £163/sq ft | 398 sq ft | £163 | £65,000 |
Area insights
The neighbourhood around this property.
Marketed by
William H. Brown, Portsmouth
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