2 bed Flat For Sale, Merton Road, Southsea PO5

Description

Of interest to investors only: Enjoying a much sought-after location in the very heart of southsea town centre, this well-appointed purpose-built two double bedroom top (3rd) floor apartment benefits from a private garage, balcony, gas central heating, and UPVC replacement double-glazing. It is let currently at £750 p.c.m. (gross annual yield, 4.87% approx.) with scope for uplift. Part of an historic Conservation Area (Owen's Southsea), Merton Road winds between Grove Road South and Victoria Road South, with Spencer Court, and its sister block Selma Court, standing on the south side at the junction with Nelson Road. This desirable, exceptionally convenient, yet tucked-away residential address is a level walk of just a few minutes from Palmerston Road Shopping Precinct, and places a wide range of public amenities within a radius of some one mile only, including: Southsea Seafront, main-line stations, University Campus, various good schools, and the many attractions of historic Old Portsmouth.

Pair of glazed main doors, with security entry system, to:

Common Lobby

Door to rear of building. Stairs to upper floors.

3rd Floor Landing

Refuse disposal chute.

Flat 11

Entrance Hall

Single panel radiator.

Bathroom & W.C. (11'6 x 4'10 (3.51m x 1.47m))

White suite comprising: Panelled bath with mixer tap and shower attachment, pedestal handbasin with mixer tap, and low flush w.c. Double panel radiator. UPVC replacement obscure double-glazed window.

Living And Dining Room (19'4 x 15'7 (5.89m x 4.75m))

Two double panel radiators. Pair of multi-pane glazed doors from Hall. Virtually full-width double-glazing to front elevation, incorporating pair of sliding patio doors to:

Balcony

Bedroom One (18'11 x 11'11 (5.77m x 3.63m))

UPVC replacement double-glazed window. 1 double and 1 single built-in wardrobe. Double panel radiator.

Bedroom Two (12'11 x 8'9 (3.94m x 2.67m))

UPVC replacement double-glazed window. Double built-in wardrobe. Double panel radiator.

Kitchen (11'7 x 7'2 (3.53m x 2.18m))

Fitted and equipped with: Base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel inset sink with mixer tap, electric oven, and 4-ring ceramic hob with extractor. 'Ideal' gas fired central heating and hot water boiler. Plumbing for washing machine. UPVC replacement double-glazed window.

Outside

Communal lawned and tree-planted gardens to front and rear of building.

Private Garage (No. 11)

At rear of building.

Lock-Up Store

General Information

Tenure: 150 years leasehold from 1965 (94 years remaining).
Maintenance charge: £850.65 p.a.
Ground rent: £20 p.a.

Council Tax

Band 'B' - £1,416.93 p.a. (2021-2022)

Epc 'e'

Viewing

By appointment with D. M. Nesbit & co.
(17462/032191)

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2 bed Flat For Sale £185,000 Merton Road, Southsea PO5

2 bed Flat For Sale £185,000
Merton Road, Southsea PO5