ROI = 10% BMV = -3.54%
Description

Offered with no onward chain and situated in a convenient location, this ground floor apartment boasts hardwood floors throughout and offers an excellent opportunity for both homeowners and investors. The property comprises an open plan living and kitchen area with a double bedroom and bathroom. There is a decking area at the rear which is accessible from the kitchen, providing a private outdoor space perfect for relaxation and entertaining. The apartment benefits from a private entrance, double glazing, and white goods which will remain with the property. Storage heaters are installed throughout, providing efficient heating. On road parking is available for convenience. This ground floor apartment is one of two one-bedroom units in the building, with the possibility of purchasing both from the same seller. The property is located within walking distance to Portswood and benefits from easy access to the M27 motorway via Thomas Lewis Way. Tenants are currently in situ on a periodic tenancy, making this an attractive proposition for investors seeking an immediate rental income. TENURE : LEASHOLD TBC In line with Money Laundering Regulations, successful buyers will be required to complete digital identity checks provided by Coadjute’s Assured Compliance service. The cost of these checks is £48 inc. VAT per purchaser, which is paid in advance directly to Coadjute’s Assured Compliance service. This charge verifies your identity and source of funds in line with our obligations to HMRC.

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Property Details
  • Property ID: 87078153
  • Added On: 2025-02-12
  • Deal Type: For Sale
  • Property Price: £155,000
  • Bedrooms: 1
  • Bathrooms: 1.00
Amenities
  • Ground floor flat
  • Periodic Tenancy in Place
  • Rent of £875pcm
  • Decked Garden with Side Access
  • 0.5 miles to Portswood
  • Double Glazed
  • Private Entrance
  • Council Tax: A
  • Photos need updating since tenants in situ