# Studio flat for rent (PO1 3SH)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 113, THE ROUND HOUSE, GUNWHARF QUAYS, PORTSMOUTH, PORTSMOUTH PO1 3SH |
| Price | £895 pcm |
| Bathrooms | 1 |
| Last sold | £115,000 Mar 2026 |

## Description

A furnished studio apartment available in The Roundhouse, Gunwharf Quays in. The accomodation comprises of a sleek, open plan kitchen with oven, hob and fridge freezer . A combined living/bedroom with large window and a separate shower room. There is a communal utility room on the ground floor. The property benefits from security entry and lift access. and balcony

Deposit: £1,096.15 (equivalent to five weeks’ rent) or No Deposit Option available 

Holding Deposit: £219.23 (equivalent to one weeks’ rent, deducted from first month’s rent) 

Furnishing: Furnished  

Utilities & Bills: Water included in rent, all other bills paid seperately 

Electricity Supply: Mains supply 

Water & Sewerage: Portsmouth and Southern Water 

Broadband & Mobile Coverage: Multiple providers available, please check Ofcom for more information -   

Parking & Outside Space: No parking 

Flood Risk: Very low

## Property Photos

- ![pbox-IMG.jpg](/listings/photos/89262705/851120) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/89262705/851121) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/89262705/851122) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/89262705/851123) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/89262705/851124) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/89262705/851125) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/89262705/851126) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/89262705/851127) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/89262705/851128) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/89262705/851129) - pbox-IMG.jpg

## Floorplans

- ![pbox-FP.jpg](/listings/photos/89262705/851130) - pbox-FP.jpg

## Rental Range

*ONS Price Index of Private Rents (Portsmouth). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,229/mo
- **Realistic:** £1,366/mo
- **Optimistic:** £1,503/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Portsmouth (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Gunwharf Quays, PO1 | £1,550/mo | 1 | 0.06 miles | OpenRent |
| 4 Bed Terraced House, Minerva Crescent, PO1 | £3,250/mo | 4 | 0.15 miles | OpenRent |
| 1 Bed Flat, Gunwharf Quays, PO1 | £1,400/mo | 1 | 0.16 miles | OpenRent |

**Average rent: £2,067/mo (3 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,550/mo).*

- **Gross yield:** 2078.2%
- **Monthly cashflow:** £1,366/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6317.7%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)