Property Details

2 bedroom apartment for sale For Sale

Merton Road, Southsea, Portsmouth, England, PO5 2AH, United Kingdom

£260,000

ROI = 7% BMV = -2.99%

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Description

**CAN BE SOLD AS PART OF A 5 PROPERTY PORTFOLIO** **INVESTMENT OPPORTUNITY** **TENANTS IN SITU TILL FEBRUARY 2025** NEXA Properties are delighted to be offering this absolutely stunning duplex apartment situated on Merton Road, Southsea. • Monthly rent (excluding bills) - £1,300PCM • Ground Rent - £200 • Length of lease remaining - 107 years • Annual Service Charge - £1,969 Split over two floors, the top floor offers a spacious open plan lounge/dining area and kitchen. Furnished to a very high standard with smart TV, contemporary tables and lights, coffee table, dining table and chairs, 3-seater leather reclining sofa and a superb kitchen space. The new kitchen comprises: Integrated appliances including, fridge/freezer, hob, oven, washing machine, plus coffee machine, kettle, toaster, abundance of crockery, utensils and cutlery. On the ground floor is master bedroom with contemporary fittings and an en-suite shower room, smart TV, wardrobe and king size bed. The second bedroom also has a king size bed, wardrobe and smart TV. Also on this floor is a modern bathroom with bath, over-head shower, WC, wash basin and wall cupboard. All furniture, fixtures and fittings to be included as part of a sale. This property can also be sold as part of a 5 property portfolio, please enquire for more details. Contact NEXA to arrange a viewing. **INVESTMENT OPPORTUNITY** **TENANTS IN SITU** NEXA Properties are delighted to be offering this absolutely stunning duplex apartment situated on Merton Road, Southsea. •Monthly rent (excluding bills) - £1,330PCM •Ground Rent - £200 •Length of lease remaining - 108 years •Annual Service Charge - £1,969 Split over two floors, the top floor offers a spacious open plan lounge/dining area and kitchen. Furnished to a very high standard with smart TV, contemporary tables and lights, coffee table, dining table and chairs, 3-seater leather reclining sofa and a superb kitchen space. The new kitchen comprises: Integrated appliances including, fridge/freezer, hob, oven, washing machine, plus coffee machine, kettle, toaster, abundance of crockery, utensils and cutlery. On the ground floor is master bedroom with contemporary fittings and an en-suite shower room, smart TV, wardrobe and king size bed. The second bedroom also has a king size bed, wardrobe and smart TV. Also on this floor is a modern bathroom with bath, over-head shower, WC, wash basin and wall cupboard. The apartment is in one of the most sought-after roads in the heart of Southsea, within easy walking distance of the most popular iconic shops, bars, cafes, restaurants and local amenities. This apartment has its own dedicated parking space to the rear of the building, plus its own dedicated outdoor storage shed. All furniture, fixtures and fittings to be included as part of a sale. Contact NEXA to arrange a viewing. . - Welcome to our Merton Road listing. Amazing and rarely available is this high return investment two bedroom maisonette in a prominent Southsea location, walking distance to the shops and seafront. Refurbished and furnished to an extremely high standard, allocated parking, AST professional tenants on £1,300 per month plus all bills. No forward chain. Must be seen asap to avoid disappointment!

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