2 bed Flat For Sale £195,000
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent two bedroom two bathroom apartment is located just 13 minutes from Portsmouth, enquire today to avoid disappointment.
This wonderful two bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double doors leading to a Juliet balcony; fully fitted kitchen with all appliances included; double bedroom with double doors for a Juliet balcony; en-suite three piece shower room; second double bedroom with double glazed window; three piece family bathroom with shower over bath. This apartment is located on the second floor, and comes with allocated parking.
Being just 13 minutes from Portsmouth, Dickens House is perfect for commuters and therefore, a fantastic investment opportunity. The regeneration of Portsmouth is well under way, bringing more growth and prosperity into the city. Portsmouth is in line for £1bn worth of investment - bringing 16,000 new jobs, 5,000 new homes and a gigantic boost to its economy.
Huge schemes like the redevelopment of the Tipner area are under way. The transformation of the city centre and the creation of an out-of-town business park are just some of the things that are in the pipeline for the area.
The average price for property in PO4 8GW stood at £246,279 in July 2021. This is a rise of 2.22% in the last three months (since April 2021) and rise of 11.93% since 12 months ago, making now the perfect time to invest in Hampshire.
Financial Breakdown
Gross rent: £9,000
Ground rent: £200
Service charge: £1,541
Lettings fees: £0
Net income: £7,259
Gross yield: 4.62%
Net yield: 3.72%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-16836
This wonderful two bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double doors leading to a Juliet balcony; fully fitted kitchen with all appliances included; double bedroom with double doors for a Juliet balcony; en-suite three piece shower room; second double bedroom with double glazed window; three piece family bathroom with shower over bath. This apartment is located on the second floor, and comes with allocated parking.
Being just 13 minutes from Portsmouth, Dickens House is perfect for commuters and therefore, a fantastic investment opportunity. The regeneration of Portsmouth is well under way, bringing more growth and prosperity into the city. Portsmouth is in line for £1bn worth of investment - bringing 16,000 new jobs, 5,000 new homes and a gigantic boost to its economy.
Huge schemes like the redevelopment of the Tipner area are under way. The transformation of the city centre and the creation of an out-of-town business park are just some of the things that are in the pipeline for the area.
The average price for property in PO4 8GW stood at £246,279 in July 2021. This is a rise of 2.22% in the last three months (since April 2021) and rise of 11.93% since 12 months ago, making now the perfect time to invest in Hampshire.
Financial Breakdown
Gross rent: £9,000
Ground rent: £200
Service charge: £1,541
Lettings fees: £0
Net income: £7,259
Gross yield: 4.62%
Net yield: 3.72%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-16836
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