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2 bed flat for sale

£55,000

Prince George Street, Portsmouth PO1

2 1 1
Interested in this property? Call +44 23 9229 0086 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Two bedroom brand new apartment on the 2nd floor
  • Allocated parking space
  • Lift to all floors
  • Shares available start at 25% and a maximum of 75% can be brought initially
  • £1000 incentive if reserved before Christmas and completed in January!

Property description


Summary
Available on a shared ownership basis, this two bedroom brand new second floor apartment near Gunwharf Quays is the last one of 14 identical properties remaining! Act quick do not miss out.

Description
Available on a shared ownership basis, this two bedroom brand new second floor apartment near Gunwharf Quays is the last one of 14 identical properties remaining! Act quick do not miss out. Benefiting from two double bedrooms, large reception area, balcony, allocated car parking space and finished to a modern specification throughout this property is a great way to get on to the property ladder. 25% shares are offered initially however if you can afford a higher share, you will be able to purchase more. Please call us to find out the terms and costs involved.

Full market value - £220,000
25% share (minimum) - £55,000
Rent per month - £378.13
Estimated service charge per month - £120.00
(Rent prices per month will decrease if a higher share is brought in the property!)

Entrance Hall
Smooth plastered ceiling and walls, wooden door from communal hallway, two large storage cupboards, wall-mounted video phone for the secure door entry system, carpet, doors to:

Lounge Diner
Smooth plastered ceiling and walls, double glazed windows to side elevations, double glazed patio doors to balcony with views over the children's playground, carpet, kitchen within reception area.

Kitchen
High-gloss modern fitted kitchen with integrated appliances (fridge freezer, washing machine, electric oven and hob), roll edge work surfaces with inset stainless steel sink, cooker hood over oven, vinyl flooring in the kitchen area.

Bedroom One
Smooth plastered ceiling and walls, double glazed window to rear over car park, power sockets with usb chargers, carpet.

Bedroom Two
Smooth plastered ceiling and walls, double glazed window to rear over car park, power sockets with usb chargers, carpet.

Bathroom
Smooth plastered ceiling and walls, tiled to principle areas, white suite with panel enclosed bath, WC and wash hand basin.

Allocated Parking
One numbered space at the rear of the property, which has an electric bollard at the entrance.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

Property info

Market activity
Average price paid £206,373 Sales 299 Current average value £229,403 (Zoopla Zed-Index) Value change £7,126 ▲ 3.21%

Property value data/graphs for PO1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £497,205 £290 3.4 £428,750
Semi-detached £313,722 £338 3.1 £477,500
Terraced £212,592 £282 2.8 £204,265
Flats £237,958 £353 1.8 £198,746

Current asking prices in PO1

Average: £232,814
Avg. current asking prices in PO1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £150,000
(1)
£171,407
(11)
£228,668
(14)
£530,571
(7)
£335,000
(6)
Flats £125,303
(41)
£220,196
(53)
£438,500
(4)
£155,000
(1)
-
All £125,891
(42)
£211,810
(64)
£275,297
(18)
£483,625
(8)
£335,000
(6)

Current asking rents in PO1

Average: £976 pcm
Avg. current asking prices in PO1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £452 pcm
(49)
£770 pcm
(14)
£897 pcm
(20)
£1,457 pcm
(13)
£1,863 pcm
(21)
Flats £536 pcm
(96)
£1,047 pcm
(53)
£1,354 pcm
(7)
£1,309 pcm
(6)
£1,625 pcm
(1)
All £508 pcm
(145)
£989 pcm
(67)
£1,016 pcm
(27)
£1,411 pcm
(19)
£1,852 pcm
(22)

Fun facts for PO1

Highest value in PO1
Highest value streets Zed-Index
Bath Square £784,306
Captains Row £553,873
Broad Street £531,940
Pembroke Road £480,453
St. Nicholas Street £457,831
Highest turnover in PO1
Highest turnover streets Turnover
Bonfire Corner 47.6%
St. Thomas's Court 41.7%
Liverpool Road 39.8%
Lower Brookfield Road 38.5%
Prince George Street 36.4%

What Zoopla users think of Portsmouth

Overall rating:

  • currently 4 stars
Very good - 78% (202 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Portsmouth:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Portsmouth Harbour (0.2 miles)
  • Portsmouth & Southsea (0.5 miles)
  • Fratton (1.3 miles)
  • Southampton Airport (15.2 miles)
  • Bournemouth Airport (32.4 miles)
  • Shoreham Airport (35.3 miles)
  • Portsmouth Harbour Station Pier (0.3 miles)
  • Portsmouth IOW Car Ferry Terminal (0.4 miles)
  • Gosport Ferry Terminal (0.7 miles)

Nearby schools

View all schools in Portsmouth
  • St George's Beneficial Church of England (Voluntary Controlled) Primary School (0.0 miles)
  • St Jude's CofE Primary School (0.6 miles)
  • Cottage Grove Primary School (0.9 miles)
  • St Vincent College (1.5 miles)
  • Portsmouth College (2.6 miles)
  • Highbury College (3.3 miles)
  • The Portsmouth Grammar School (0.5 miles)
  • Ark Charter Academy (0.7 miles)
  • St Edmund's Catholic School (0.8 miles)
Note: Distances are straight line measurements

Local info for Portsmouth

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For more information about this property, please contact
Fox & Sons, PO5 on +44 23 9229 0086 * (local rate)

Monthly running costs Beta

£407 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,500
Repayment term 25
Interest rate 1.5
Your payment £197 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £14/mo (£168/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £23 Electricity £33 Estimated energy cost £56/mo

Similar properties could save up to £157

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7000 kWh/year
Electricity: 2500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Portsmouth

Estimated tax band A Council tax cost £101 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £26 Estimated water cost £39 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Fox & Sons about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Fox & Sons, and do not constitute property particulars. Please contact Fox & Sons for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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