Property Details

1 bedroom flat for sale For Sale

St. Andrews Road, Southsea, Hampshire, PO5

£130,000

ROI = 9% BMV = 24.26%

Gallery

Description

This neutrally decorated, one-bedroom flat that is currently listed for sale. This property is situated in the sought after location of Central Southsea, conveniently placed near public transport links and local amenities, making it an ideal purchase for first-time buyers or investors. The flat features a large reception room with high ceilings, creating a spacious and open atmosphere that is further enhanced by the ample natural light. The kitchen is sizeable and offers plenty of storage space, perfect for those who enjoy cooking and entertaining guests. The property boasts a large bedroom, providing a comfortable and relaxing space. Additionally, the bathroom is equipped with a heated towel rail, adding a touch of luxury to the everyday routine. This property offers excellent investment potential, with an estimated rental income of £10,800 per annum and a gross yield of 7.5%. Furthermore, there is no onward chain, making the process of acquiring this property straightforward and hassle-free. The flat falls under council tax band A and has an EPC rating of C, indicating a moderate level of energy efficiency. Parking is also taken care of, thanks to the on-road permit parking availability. This flat combines a prime location with a well-thought-out interior layout and neutral decor, making it a highly desirable option for those looking to purchase a property. It's a brilliant opportunity not to be missed. Another great benefit is the Freehold available to purchase separately. IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. SSE240641/2

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