Studio Flat For Sale £82,000
London Road, Portsmouth PO2
previous price £85,000

Calling all buy-to-let investors...no forward chain

Bernards Portsmouth are delighted to welcome to the sales market, this wonderful investment opportunity in the heart of North End, in walking distance of many local amenities.

Accessed via a shared courtyard, the property is comprises of a 18ft studio area, which is flooded with natural light.

Moving through, you have a separate three-piece bathroom and a fitted kitchen to the rear.

If you are considering buying this property as a buy to let investment, we can advise that we would expect to achieve in the region of £450-500 pcm. This would provide a 6%+ gross return based on the current asking price. If you would like any further information about our residential letting services or just require general lettings advice, please call us on or email

Exterior

Studio flat to the rear of the main building, access via the side through a communal courtyard, which accesses front door

Studio Area (2.74m x 5.59m (9' x 18'4"))

Carpet flooring, smooth walls and ceilings, power points, UPVC double glazed windows to the side elevation

Bathroom (2.72m x 1.65m (8'11" x 5'5"))

Modern vinyl flooring, smooth walls with tiled splash backs, panel bath with shower over, wash basin and toilet, UPVC double glazed window to the side elevation

Kitchen (4.06m x 2.44m (13'4" x 8'))

Modern vinyl flooring, smooth walls and ceilings with tiled splash backs, matching range of base and wall units, with contrasting work surfaces, sink/drainer along with space and plumbing for appliances, UPVC double glazed window to the side elevation, separate entry point into property

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

Council Tax Band A

Portsmouth City Council: £864.99 Hampshire Fire & Rescue: £45.14 Police and Crime Commissioner: £134.31 Total: £1110.57

Leasehold Information

Freehold with a land leasehold 99 years from 2016, (96 Years Remaining)

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.

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.

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.

Letting Information

If you are considering buying this property as a buy to let investment, we can advise that we would expect to achieve in the region of £450-500 pcm. This would provide a 6%+ gross return based on the current asking price. If you would like any further information about our residential letting services or just require general lettings advice, please call us on or email