Block of flats for sale in Queens Road, Fratton, Portsmouth PO2

Landlord to Landlord Crossover Sale / Buy To Let Opportunity - This period semi detached house has in years gone by been converted into three self contained units. The building offers two self contained - One bed apartments and one, two bed split level maisonette apartment. Current rental incomes are : Lower Ground Floor Flat - £825.00 pcm - Hall Floor Flat - £675.00 pcm - Top Floor Maisonette - £825.00 pcm . Yield - 6.56%

Summary description Landlord to Landlord Crossover Sale / Buy To Let Opportunity
Kings Estates are pleased to bring to the market this unique period conversion which is located within the immediate vicinity of Commercial Road, offering an extensive array of shopping and entertainment facilities. The block itself comprises three apartments of which all are currently tenanted. The basement and ground floor apartments comprise of one bedroom, living room, kitchen and shower room with toilet. The top floor flat is made up of two bedrooms, living room, kitchen and family bathroom. Current rental incomes are : Basement Flat - £575.00 pcm - Ground Floor Flat - £650.00 pcm - Top Floor Flat - £750.00 pcm with scope to be increased in line with current market value. Features of the property include Gas Central Heating, double glazing, and good transport links.
Floorplans and measurements coming soon !

Top floor maisonette

family bathroom 6' 00" x 5' 08" (1.83m x 1.73m)

first floor landing 16' 10" x 5' 00" (5.13m x 1.52m)

principle bedroom 12' 06" x 10' 03" (3.81m x 3.12m)

living room 14' 10" x 11' 02" (4.52m x 3.4m)

kitchen 8' 10" x 5' 00" (2.69m x 1.52m)

bedroom two 13' 04" x 10' 09" (4.06m x 3.28m)

bedroom three 12' 06" x 10' 09" (3.81m x 3.28m)