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House For Sale £399,500
Locksway Road, Southsea PO4
previous price £360,000


Description
To be sold by public auction at A date to be confirmed.
(unless sold previously)
guide price: £360,000-£380,000.
Of interest to investors only: Offers invited prior to Auction for this spacious and well-situated former 4 bedroom character property, benefitting from C3/C4 use and now let to 5 sharers at an annual rent of £24,060 (with scope for uplift), equivalent to an approximate gross yield of 6.5%. Locksway Road lies immediately off the main Milton Road, No.35 being on the north side close to the junction with Cromarty Avenue. This is a sought-after residential address minutes only from Milton Park, some 3/4 mile from Southsea Seafront and Langstone Harbour foreshore, and convenient to a wide range of public amenities. Dating from around 1900 and retaining many of its period features, this inner-terrace house is of attractive appearance, with brick elevations under a modern tiled roof, the facade incorporating cast-iron porch and gabled splay bay windows. It stands behind a walled forecourt, whilst to the rear is a generous garden.

Period cast-iron canopied porch with front door, having stained-glass lead-light panels, through to:

Entrance Hall

The hallway has been opened up to the roof giving daylight down to the ground floor level with a dramatic architect-designed staircase providing a special feature to the house. Coved ceiling. Exposed floorboards. Single panel radiator.

Cloakroom & W.C.

White suite comprising: Pedestal handbasin and low flush w.c. With concealed cistern. Access to useful understairs storage cupboard with gas and electricity meters.

Bedroom One (15'5 x 15'10 (4.70m x 4.83m))

(former Living Room). Coved and panelled ceiling with period rose. Splay bay window to front elevation having UPVC replacement double-glazing. Exposed floorboards. Impressive period fireplace with embossed canopy to grate. Double panel radiator.

Living Room (14'0 x 11'0 (4.27m x 3.35m))

(former Dining Room). Coved ceiling with period rose. Impressive period fireplace with inset decorative tiles. Period built-in cabinet/bookshelves. Double panel radiator. Feature stained-glass lead-light window to rear elevation; adjacent similar door to:

Conservatory/Utility Room (11'2 x 8'8 (3.40m x 2.64m))

Pitched, double-glazed roof. Tiled floor. Fitted base and wall cupboards, inset stainless steel sink with mixer tap. Plumbing for washing machine. Pair of glazed French doors to rear garden. Three-part glazed doors from Kitchen/Breakfast Room.

Kitchen/Breakfast Room (20'3 x 10'11 (6.17m x 3.33m))

Fitted and equipped with: Range of base and wall cupboards, "granite" work surfaces, 1½ bowl stainless steel inset sink. Space for range-style oven having extractor canopy. Pinewood-panelled ceiling with 4 recessed spotlights together with double-glazed roof window. Tiled floor. Pair of glazed French doors to rear garden.

First Floor

Landing

Master Bedroom (Two) (16'2 x 14'2 (4.93m x 4.32m))

Coved ceiling. Splay bay window to front elevation having UPVC replacement double-glazing. Cast-iron period fireplace. Pair of built-in wardrobes. Double panel radiator. Door to:

En-Suite Bathroom & W.C.

White suite comprising: Tile-panelled bath with mixer tap and shower attachment, pedestal handbasin, low flush w.c. Vertical radiator/towel rail. UPVC replacement double-glazed window to front elevation. Coved ceiling.

Bedroom Three (14'0 x 10'11 (4.27m x 3.33m))

UPVC replacement double-glazed window to rear elevation. Cast-iron period fireplace. Built-in wardrobe. Single panel radiator. Cupboard housing hot water tank together with 'Ideal' gas fired central heating and hot water boiler.

Bedroom Four (10'11 x 10'6 (3.33m x 3.20m))

UPVC replacement double-glazed window to rear elevation. Cast-iron period fireplace. Single panel radiator.

Top Floor

Landing

'Velux' roof window to front slope.

Bathroom & W.C.

White suite comprising: Panelled bath with mixer tap and shower attachment, inset handbasin, low flush w.c. Single panel radiator. 'Velux' roof window to rear slope.

Bedroom Five (13'8 x 9'5 (4.17m x 2.87m))

Sloping ceiling incorporating four 'Velux' roof windows to front slope. Double panel radiator. Door to useful eaves storage space.

Outside

Front: Walled forecourt with quarry-tiled path to front door.
Rear: Generous garden with walled and fenced surround; laid to brick-paving, shingle, and decking.

Council Tax

Band 'C' - £1,540.37 per annum (2020/2021)

Epc 'd'

Viewing

By appointment with auctioneers,
D. M. Nesbit & co.
(17392/028160)

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