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For saleReduced 30 Oct 2026
£100,000Guide price

Gunwharf Quays, Portsmouth, Hampshire, PO1 3SH

2bedrooms
1bathroom
Apartmenttype
572sq ft
Leaseholdtenure

Listed 10 days ago · price reduced 30 Oct 2026 · Portsmouth

How the price compares

This home£100,000£175 per sq ft
Median 2 bed in PO1£220k77 homes listed · £326 per sq ft
Difference-55%below the area median

Key features

  • FOR SALE BY ONLINE AUCTION
  • 6 WEEKS’ COMPLETION
  • Popular Gunwharf Quays location
  • Fifth Floor Apartment with lift
  • Open Plan Lounge kitchen
  • Suitable for cash buyer only

About this home

A two bedroom apartment located at Gunwharf Quays, Portsmouth, one of the city's most distinctive residential and leisure destinations. With an established waterfront setting, excellent transport connections and an extensive choice of shopping, dining and leisure facilities nearby.

Located on the fifth floor with lift access, the apartment comprises open-plan lounge kitchen, two bedrooms and bathroom.

Gunwharf Quays is renowned for its designer outlet shopping, waterfront restaurants, cafés, bars and marina. The iconic Spinnaker Tower and nearby Portsmouth Historic Dockyard add to the area's appeal, while the surrounding city centre provides a wide range of everyday amenities, cultural attractions and leisure facilities.

Transport connections are a further advantage, with Portsmouth Harbour railway station and The Hard transport interchange within approximately five minutes' walk. Rail, bus and ferry services provide access to the wider region, including connections to the Isle of Wight, while road links connect with the M27 and the wider Hampshire motorway network.

*Please note this property is suitable for cash buyers only*

Auction To be sold by online auction (unconditional) on Thursday 26th November with a 6 WEEK COMPLETION, bidding will open at 10.00.

To view Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk

Registration All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure Leasehold with vacant possession.

Lease 125 years (less 3 days) from 29 October 2004 - 103 years remaining

Ground rent and service charge Please see legal pack for further details.

EPC rating B

Council tax band C - Portsmouth

Legal pack For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Guide prices Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional fees A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-auction offers These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Mortgage finance We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.

Please note All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of His Majesty's Stationery Office @ Crown copyright. All rights reserved, Licence no: .

Property details

Property type
Apartment
Size
572 sq ft / 53 sq m
Council tax band
C
Tenure
Leasehold
Lease remaining
102 years left

Floorplan

Floorplan

Location

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1 on this map

  • 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£500£10,000 deposit · £90,000 loan
Stamp Duty£0England 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 30 Oct 2026; details checked 7 Nov 2026. Latest change: reduced on 30/10/2026.

Agent disclaimer

Disclaimer - Property reference POR260201. 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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