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Flat for sale in St. Marys Road, Portsmouth

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Flat for sale - 2 bedrooms

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Tenure:

Freehold

Council tax band:

Property features

Block of two flats
Freehold
Great investment
Proven rental property
No forward chain
Offered with vacant possession
Two bedrooms per flat
Convenient location
In need of modest improvement

Property description

** of interest to investors ** ** two flats to include freehold to the block **
** great investment opportunity ** ** offered for sale with no forward chain **

Comprising two, two bedroom flats along with the Freehold to the building, this fantastic investment offers real potential for rental yield.

Now in need of some modest improvement, there is a long history of rental use with the most recent gross rents totalling £1,425pcm or £17,100 per annum giving an annual return of 6.8%. With some improvement we feel this could be significantly up-lifted and therefore consider this to be an investment with great appeal.

Offered with no forward chain and vacant possession, viewing is by appointment.

Front Door To Ground Floor Flat

Entrance Hall

Kitchen

Bedroom One

Bedroom Two

Lounge

Bathroom

Front Door To First Floor Flat

Entrance Hall With Stairs To The First Floor

Lounge

Bathroom

Bedroom One

Bedroom Two

Kitchen

Further Information

Council tax band: A
tenure: Freehold

Property info

Floorplan(s): Floor Plan 56A St Marys Rd. Po1 5Ph (002).Jpg

Floor Plan 56A St Marys Rd. Po1 5Ph (002).Jpg View original

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Tully and Co, and do not constitute property particulars. Please contact Tully and Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.