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For saleReduced 7 Oct 2026
£160,000

Armory Lane, Old Portsmouth, Hampshire, PO1 2PH

1bedroom
1bathroom
Flattype
Leaseholdtenure

Listed 13 Mar 2026 · price reduced 7 Oct 2026 · Southsea

How the price compares

This home£160,000
Median 1 bed in PO1£155k19 homes listed · £346 per sq ft
Difference+3%in line with the area

Key features

  • One double bedroom top floor apartment
  • Bright and airy accommodation throughout
  • Living room, fitted kitchen, and bathroom
  • Bedroom with built-in wardrobes
  • Attractive views towards the Spinnaker Tower
  • Allocated parking space plus visitor permit
  • Secure entry system & well-kept communal areas
  • Long lease & no forward chain

About this home

A beautifully presented one-bedroom top-floor apartment in the heart of Old Portsmouth, just moments from Gunwharf Quays. This bright and airy home features far-reaching views towards the Spinnaker Tower and a spacious, light-filled interior.

A beautifully presented one-bedroom top-floor apartment in the heart of Old Portsmouth, just moments from Gunwharf Quays. This bright and airy home features far-reaching views towards the Spinnaker Tower and a spacious, light-filled interior. The accommodation comprises a generous sitting/dining room, fitted kitchen, double bedroom with built-in wardrobes and natural light, enjoying views towards the Spinnaker Tower, and finally, a modern bathroom, making it ready to move straight into. Residents benefit from a secure entry system, well-maintained communal areas, an allocated parking space, and a visitor permit.

Set in a quiet yet convenient location, the flat combines coastal charm with city convenience. You’re just a short stroll from designer shopping, vibrant bars, and waterside restaurants. With a long lease and no forward chain, this property is ideal for first-time buyers, downsizers, or investors seeking a stylish home in one of Portsmouth’s most desirable neighbourhoods..

TENURE Leasehold 999 Years from 1st January 1987 Unexpired Years: 962 Years Remaining Annual Ground Rent: £50 rising to £100 Ground Rent Increase: n/a Ground Rent Review Period: n/a Annual Service Charge: £2,337 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.

ADDITIONAL INFORMATION

Materials used in construction: Brick

For further information on broadband and mobile coverage, please refer to the Ofcom Checker online

Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Armory Lane is located in the heart of Old Portsmouth, one of the city’s most historic and picturesque neighbourhoods. Known for its cobbled streets, period architecture, and maritime heritage, Old Portsmouth offers a unique mix of charm and character. Residents enjoy a vibrant waterfront, boutique shops, traditional pubs, and stunning harbour views, all within a peaceful, community-focused setting. Armory Lane provides a rare opportunity to live in this sought-after area, combining historic charm with easy access to the city’s amenities.

Property details

Property type
Flat
Council tax band
B
Tenure
Leasehold
Lease remaining
959 years left
Ground rent
£50 per year (Ask agent about the review period)
Service charge
£2,337 per year
Parking
Residents
Heating
Night storage
Electricity
Mains supply
Water
Mains supply

Floorplan

Floorplan

Location

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  • Portsmouth Harbour Station0.3 mi
  • Portsmouth & Southsea Station0.7 mi
  • Fratton Station1.3 mi

What nearby homes sold for

Median sold prices in PO1 over the last 12 months: terraced £225k · flat £205k · semi-detached £209k.

AddressTypeSoldPrice
18 Armory Lane
Portsmouth PO1 2PE
Semi-detached
Freehold
25 Sept 2025£305,000
41 Armory Lane
Portsmouth PO1 2PE
Terraced
Freehold
7 Feb 2025£485,000
Flat 22, Martells Court, Armory Lane
Portsmouth PO1 2PF
Flat
Leasehold
28 Mar 2024£230,000
8 Armory Lane
Portsmouth PO1 2PE
Terraced
Freehold
28 Mar 2024£485,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in PO1

Buying costs

Monthly repayment£800£16,000 deposit · £144,000 loan
Stamp Duty£700England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Charters, Southsea on Rightmove (original listing). First listed 13 Mar 2026; details checked 7 Nov 2026. Latest change: reduced on 07/10/2026.

Agent disclaimer

Disclaimer - Property reference CSS250065. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charters, Southsea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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