£160,000

   

ROI = 10% BMV = 12.59%
Description

** TWO BEDROOM FLAT WITH BALCONY ** Welcoming brand new to the sales market this two bedroom, second floor apartment. Located in a purpose built block on Kings Road, the location is conveniently close to transport links, shops/restaurants and Southsea Seafront. The flat spreads close to 700 square meters and consists of two double bedrooms, kitchen, bathroom, and a large lounge stepping out to the private south facing balcony. Offered chain free, this home would make a good first time buy in a central location, or a potential investment opportunity with a gross yield of 8.25%. Lounge - 4.65 x 3.23 (15'3" x 10'7") - Kitchen - 2.95 x 2.94 (9'8" x 9'7") - Bathroom - 1.84 x 1.58 (6'0" x 5'2") - Wc - Bedroom - 4.65 x 3.07 (15'3" x 10'0") - Bedroom - 3.45 x 3.16 (11'3" x 10'4") - Balcony - 3.16 x 1.35 (10'4" x 4'5") - Anti-Money Laundering (Aml) - Bernards Estate agents have a legal obligation to complete anti-money laundering checks. The AML check should be completed in branch. Please call the office to book an AML check if you would like to make an offer on this property. Please note the AML check includes taking a copy of the two forms of identification for each purchaser. A proof of address and proof of name document is required. Please note we cannot put forward an offer without the AML check being completed Bernards Mortgage & Protection - We have a team of advisors covering all our offices, offering a comprehensive range of mortgages from across the market and various protection products from a panel of lending insurers. Our fee is competitively priced, and we can help advise and arrange mortgages and protection for anyone, regardless of who they are buying and selling through. If you're looking for advice on borrowing power, what interest rates you are eligible for, submitting an agreement in principle, placing the full mortgage application, and ways to protect your health, home, and income, look no further! Council Tax Band A - Portsmouth City Council: BAND A Leasehold Information - Lease Length: 82 Years Ground Rent: £10.00 Service Charge: £2,689.80 Please note that Bernard's Estate Agents have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property. Offer Check Procedure - - If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position. Our Sellers expect us to report on a Buyer's proceedability whenever we submit an offer. Thank you. Removal Quotes - As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company. Please ask a member of our sales team for further details and a quotation. Solicitor - Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution. The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid. A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner. Bernards can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.

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Property Details
  • Property ID: 153711215
  • Added On: 2024-10-13
  • Deal Type: For Sale
  • Property Price: £160,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • CHAIN FREE
  • SOUTH FACING BALCONY
  • PURPOSE BUILT BLOCK
  • CENTRAL SOUTHSEA
  • 2ND FLOOR APARTMENT
  • SECURE ENTRY
  • IDEAL FIRST TIME BUY
  • INVESTMENT OPPORTUNITY
  • 8.25% GROSS YIELD
  • CALL TO VIEW