This property has now been sold

Southsea Branch Manager
Your Move Southsea
21 Marmion Road, Southsea, Portsmouth, PO5 2AT
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
Sold

2 bedroom Flat for sale,
St. Andrews Road, Southsea, Hampshire, PO5

George Webb Branch Manager
George Webb
Sales Manager
SoldContact branch

Features and Description

  • Two bedrooms
  • Rental income of £12k PA
  • 7.7% Gross Yield
  • Central Southsea Location
  • Freehold Property
  • Permit Parking On-Road
  • Local Amenities

For sale is a neutrally decorated flat, located in the sought-after location of Central Southsea. This property is conveniently situated near local amenities and public transport links, making it an ideal investment opportunity.

The property features a total of two bedrooms, one reception room, and a kitchen. The first bedroom is a generously sized double room with built-in wardrobes providing ample storage. The second bedroom is a comfortable single room, offering the potential for use as a home office or guest room. There is one well-sized reception room, providing a great space to relax and entertain guests.

This property presents a noteworthy investment opportunity, currently achieving a rental income of £12,000 per annum, with a gross rental yield of 7.7%. It also benefits from permit parking on the road.

Ideal for investors, this flat represents a potential addition to a thriving property portfolio. We invite you to book a viewing to fully appreciate the potential this property has to offer.

Additional Information

  • Property ref
    SSE240642
  • Tenure
    Leasehold
  • Lease length
    94 years
  • Ground Rent
    £100
  • Ground Rent Review
    Contact the branch
  • Service Charge
    Contact the branch

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