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For saleReduced 14 Jul 2026
£260,000

Gunwharf Quays, Portsmouth, Hampshire, PO1 3SY

2bedrooms
2bathrooms
Apartmenttype
764sq ft
Leaseholdtenure

Listed 2 Apr 2026 · price reduced 14 Jul 2026 · Southsea

How the price compares

This home£260,000£340 per sq ft
Median 2 bed in PO1£220k77 homes listed · £326 per sq ft
Difference+18%above the area median

Key features

  • Upper Floor Apartment with Lift.
  • 2 Bedrooms.
  • 2 Bathrooms.
  • Open Plan Lounge / Kitchen / Dining.
  • Patio/ Terrace area.
  • Residents Parking.
  • Shared bicycle cage.

About this home

Situated within the highly sought-after waterfront development of Gunwharf Quays, this well-presented two-bedroom apartment in The Crescent offers an exceptional lifestyle in one of Portsmouth’s most vibrant and desirable locations. Positioned on the second floor, the property is ideal for first-time buyers, investors, or those seeking a stylish, low-maintenance home, combining modern living with a prime coastal setting. The apartment is currently let (via Leaders) and is offered unfurnished, presenting an attractive opportunity for investors seeking immediate rental income.

The accommodation has been redecorated throughout in a neutral white palette since the current owners’ purchase and benefits from newly fitted beige carpets in both the bedrooms and the lounge. (Please note: marketing images were taken in 2017 at the time of purchase.)

A particular highlight of the property is the direct access from the lounge onto a patio/terrace area, providing a pleasant outdoor space—perfect for relaxing or entertaining, alongside this; The property benefits from underfloor heating throughout. Residents benefit from an outstanding array of amenities just moments from their doorstep. Gunwharf Quays offers an impressive selection of designer outlet shops, restaurants, bars, and cafés, alongside leisure facilities including a cinema, bowling complex, and fitness centres. The iconic Spinnaker Tower is just a short stroll away, while the historic Portsmouth Historic Dockyard provides a rich cultural attraction nearby. Additional benefits include an above-ground allocated parking space, as well as access to a shared bicycle storage cage (shared with one other apartment) located within the underground car park.

The location is well suited to families and professionals alike, with a range of well-regarded schools and educational facilities within easy reach across the wider Portsmouth area. Transport links are excellent, with Portsmouth Harbour railway station just a short walk away, offering direct services to London Waterloo, Southampton, and Brighton. Road connections via the A3(M), A27, and M27 provide convenient access across the South Coast and beyond, while nearby ferry terminals offer routes to the Isle of Wight and continental Europe.

Overall, this apartment presents a superb opportunity to acquire a well-located home or investment property in one of Portsmouth’s most iconic waterfront settings, offering both lifestyle appeal and strong connectivity.

Additional Information: Successful buyers will be required to complete online identity checks provided by Lifetime Legal. A fee of £80 + VAT per purchase is payable in advance directly to Lifetime Legal. This covers identity verification in line with HMRC requirements and includes mover protection.

Porch

Cupboard

Bedroom 1 4.6m x 3.68m

Bathroom 2.3m x 1.7m

En-Suite 2.26m x 1.8m

Hall

Bedroom 2 2.8m x 2.6m

Kitchen/Sitting room 5.61m x 4.37m

Disclaimer These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.

Property details

Property type
Apartment
Size
764 sq ft / 71 sq m
Council tax band
D
Tenure
Leasehold
Lease remaining
176 years left
Ground rent
£200 per year (Ask agent about the review period)
Service charge
£4,687.54 per year
Parking
Yes
Garden
Yes

Floorplan

Picture No. 12

Location

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  • Portsmouth Harbour Station0.2 mi
  • Portsmouth & Southsea Station0.6 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
38 The Vulcan, Gunwharf Quays
Portsmouth PO1 3BF
Flat
Leasehold
22 Jun 2026£370,000
24 Arethusa House, Gunwharf Quays
Portsmouth PO1 3TQ
Flat
Leasehold
12 Jun 2026£480,000
Flat 87, The Crescent Building, Gunwharf Quays
Portsmouth PO1 3SZ
Flat
Leasehold
29 May 2026£165,000
18 The Vulcan, Gunwharf Quays
Portsmouth PO1 3BF
Flat
Leasehold
22 May 2026£335,000
Flat 148, The Round House, Gunwharf Quays
Portsmouth PO1 3SH
Flat
Leasehold
27 Mar 2026£140,000
Flat 113, The Round House, Gunwharf Quays
Portsmouth PO1 3SH
Flat
Leasehold
12 Mar 2026£115,000
Flat 73, 1, Gunwharf Quays
Portsmouth PO1 3FS
Flat
Leasehold
6 Mar 2026£265,000
Flat 46, 1, Gunwharf Quays
Portsmouth PO1 3FR
Flat
Leasehold
27 Feb 2026£170,000
Flat 106, 1, Gunwharf Quays
Portsmouth PO1 3FS
Flat
Leasehold
1 Dec 2025£277,500
Flat 28, The Crescent Building, Gunwharf Quays
Portsmouth PO1 3SY
Flat
Leasehold
19 Nov 2025£260,000

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£1,301£26,000 deposit · £234,000 loan
Stamp Duty£3,000England 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 Leaders Waterside Properties Sales, Gunwharf Quays on Rightmove (original listing). First listed 2 Apr 2026; details checked 7 Nov 2026. Latest change: reduced on 14/07/2026.

Agent disclaimer

Disclaimer - Property reference GUN250010. 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 Leaders Waterside Properties Sales, Gunwharf Quays. 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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