£225,000

   

ROI = 12% BMV = 21.57%
Description

We are delighted to offer this traditional three bedroom property for sale, which is being sold with no forward chain. The property is currently set up as a four bedroom HMO generating an income of circa £20,400, which equates to a 9% yield. Ethel Road is conveniently positioned within walking distance of the Fratton Train Station and Fratton Road, where local amenities and shops can be found. The internal accommodation comprises four letting rooms, Bathroom, Sitting Room and a Kitchen. The property further benefits from Gas Central Heating and the potential for off road parking to the rear. Discerning purchasers are recommended to put forward the earliest of enquiries to avoid disappointment.

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Property Details
  • Property ID: 149874995
  • Added On: 2024-07-04
  • Deal Type: For Sale
  • Property Price: £225,000
  • Bedrooms: 4
  • Bathrooms: 1.00
Amenities
  • Traditional Three/Four Bedroom Terraced Home
  • Located within a Popular Road of Fratton
  • Walking distnace to Local Shops
  • Potential for Off Road Parking to the Rear Garden
  • Current Income of circa £20,400 : 9% Yield
  • Gas Central Heating : Double Glazing
  • Offered with No Forward Chain
  • Viewing Advised!