House For Sale £575,000
Cash offers prior to auction are now invited from investment buyers for this mainly vacant substantial and valuable opportunity, being a detached building arranged as 4 self-contained apartments (2 two-bedroom and 2 large one-bedroom units) currently and having a potential income of around £41,000 p.a. (equivalent to a gross yield of some 7%). Somers Road runs between Cottage Grove and Winston Churchill Avenue, Nos. 64 & 66 being on the east side, occupying a bold corner position at the junction with Pains Road. This position places a wide range of public amenities within a radius of some one mile only, including: Southsea Seafront and Town Centre, main-line stations, Portsmouth University Campus, various schools, and the many attractions of historic Old Portsmouth. The building itself features brick and rendered elevations under a modern tiled roof. It stands behind twin forecourts, whilst to the rear and side are two small courtyards, one of which gives access to a useful store with toilet. The ground floor (a former Co-op branch) was converted into residential use around 2001, the upper part pre-existing. The layout now affords 4 generous apartments - 2 with two bedrooms, 2 with one (these holding scope, it is felt, for adaptation to create a second bedroom). Current occupancy is as follows:
64a: Vacant, potential rent circa £900 p.c.m.
66a: Vacant, potential rent circa £900 p.c.m.
64b: Vacant and needing refurbishment. Potential rent, when improved, £900 p.c.m.
66b: Let on what is deemed to be a Regulated Tenancy (namely lifetime possession) at £163 per week.
Full particulars are given below and early enquiry is invited:
64a
Approached via private forecourt and front door to:
Lobby
Obscure-glass inner door to:
Living Room/Kitchen - 5.49m x 4.67m (18'0" x 15'4")
Living Area: dual-aspect, with UPVC replacement double-glazed windows to front and side. Night storage radiator.
Kitchen Area: Fitted and equipped with: Base and wall cupboards, work surfaces with tiled surround, breakfast bar, single drainer stainless steel sink unit with mixer tap, electric double oven, and 4-ring electric hob with integrated extractor.
Inner Hall
Approached from Living Room/Kitchen. Night storage radiator.
Bathroom & W.C. - 2.36m x 1.78m (7'9" x 5'10")
White suite comprising: Panelled bath with independent shower mixer, pedestal handbasin, and low flush w.c. UPVC replacement obscure double-glazed wind
Bedroom One - 3.45m x 3.07m (11'4" x 10'1")
UPVC replacement double-glazed window to side elevation. Night storage radiator. Door to:
En-suite Cloak/Utility Room & W.C.
Low flush w.c., inset handbasin with mixer tap plus cupboards under. Plumbing for washing machine. Extractor.
Bedroom Two - 2.69m x 2.67m (8'10" x 8'9")
UPVC replacement double-glazed window to side elevation. Night storage radiator.
66a
Approached via private forecourt and front door t
Lobby
Obscure-glass inner door to:
Living Room/Kitchen - 5.89m x 4.11m (19'4" x 13'6")
Living Area: UPVC replacement double-glazed window to front elevation. Night storage radiator.
Kitchen Area: Similar to 64a.
Inner Hall
Approached from Living Room/Kitchen. Night storage radiator.
Bedroom One - 4.14m x 2.39m (13'7" x 7'10")
UPVC replacement double-glazed window to side elevation. Night storage radiator.
Bedroom Two - 2.97m x 2.08m (9'9" x 6'10")
UPVC replacement double-glazed window to rear elevation. Night storage radiator. Built-in wardrobe.
Bathroom & W.C. - 3.48m x 1.35m (11'5" x 4'5")
Panelled bath with independent shower mixer, pedestal handbasin, and low flush w.c. Night storage radiator. Extractor. White-aluminium and obscure double-glazed door to:
Courtyard - 7.49m x 1.45m (24'7" x 4'9")
Having access, via floor hatch and steps, to cellar (below the front parts of 64a and 66a).
64b & 66b are both approached from Pains Road via a panelled outer door to:
Ground floor lobby
Staircase to upper floors. Electricity meters for the four units (no current gas supply).
64b
Part-glazed front door to:
Entrance Hall
Access to Loft Space.
Kitchen/Dining Room - 5.13m x 2.03m (16'10" x 6'8")
Access to Loft Space. Two UPVC replacement double-glazed windows to side elevation. Single drainer stainless steel sink unit. Night storage radiator. Door to:
Cloakroom - 1.98m x 1.42m (6'6" x 4'8")
UPVC replacement obscure double-glazed window. Handbasin. Door to:
Shower Room & W.C.
Shower cubicle with independent mixer, high flush w.c. Obscure-glass window.
Bedroom - 4.24m x 2.92m (13'11" x 9'7")
UPVC replacement double-glazed window to side elevation. Night storage radiator.
Dual-aspect Living Room - 4.65m x 4.22m (15'3" x 13'10")
UPVC replacement double-glazed window to front and side. Night storage radiator.
66b
Front door to:
Kitchen/Dining Room - 5.38m x 2.36m (17'8" x 7'9")
Two UPVC replacement double-glazed windows to side elevation. Fitted base cupboards, work surfaces, single drainer stainless steel sink unit. Night storage radiator. Door to:
Bathroom - 2.41m x 2.03m (7'11" x 6'8")
Panelled bath, handbasin, UPVC replacement obscure double-glazed window to side elevation. Door to:
Separate W.C.
High flush suite. UPVC replacement obscure double-glazed window.
From Kitchen/Dining Room to:
Inner Hall
Bedroom - 3.91m x 3.05m (12'10" x 10'0")
UPVC replacement double-glazed window to rear elevation. Night storage radiator.
Living Room - 4.09m x 3.99m (13'5" x 13'1")
UPVC replacement double-glazed window to front elevation. Night storage radiator.
Outside
front: Forecourts to 64a and 66a as described.
Rear: North side: Yard as described. East side: Enclosed yard approached from Pains Road, affording dustbin storage and leading to:
Store room (known as 64c) - 3.96m x 2.39m (13'0" x 7'10")
Having butlers sink with water heater, together with cloakroom & W.C. Off.
Council tax
64a - Band 'A'
64b - Band 'A'
66a - Band 'A'
66b - Band 'A'
EPC
64a 'E'
64b 'E'
66a 'E'
66b 'E'
viewing
By appointment with auctioneers, D. M. Nesbit & co.
(17579/039241)
64a: Vacant, potential rent circa £900 p.c.m.
66a: Vacant, potential rent circa £900 p.c.m.
64b: Vacant and needing refurbishment. Potential rent, when improved, £900 p.c.m.
66b: Let on what is deemed to be a Regulated Tenancy (namely lifetime possession) at £163 per week.
Full particulars are given below and early enquiry is invited:
64a
Approached via private forecourt and front door to:
Lobby
Obscure-glass inner door to:
Living Room/Kitchen - 5.49m x 4.67m (18'0" x 15'4")
Living Area: dual-aspect, with UPVC replacement double-glazed windows to front and side. Night storage radiator.
Kitchen Area: Fitted and equipped with: Base and wall cupboards, work surfaces with tiled surround, breakfast bar, single drainer stainless steel sink unit with mixer tap, electric double oven, and 4-ring electric hob with integrated extractor.
Inner Hall
Approached from Living Room/Kitchen. Night storage radiator.
Bathroom & W.C. - 2.36m x 1.78m (7'9" x 5'10")
White suite comprising: Panelled bath with independent shower mixer, pedestal handbasin, and low flush w.c. UPVC replacement obscure double-glazed wind
Bedroom One - 3.45m x 3.07m (11'4" x 10'1")
UPVC replacement double-glazed window to side elevation. Night storage radiator. Door to:
En-suite Cloak/Utility Room & W.C.
Low flush w.c., inset handbasin with mixer tap plus cupboards under. Plumbing for washing machine. Extractor.
Bedroom Two - 2.69m x 2.67m (8'10" x 8'9")
UPVC replacement double-glazed window to side elevation. Night storage radiator.
66a
Approached via private forecourt and front door t
Lobby
Obscure-glass inner door to:
Living Room/Kitchen - 5.89m x 4.11m (19'4" x 13'6")
Living Area: UPVC replacement double-glazed window to front elevation. Night storage radiator.
Kitchen Area: Similar to 64a.
Inner Hall
Approached from Living Room/Kitchen. Night storage radiator.
Bedroom One - 4.14m x 2.39m (13'7" x 7'10")
UPVC replacement double-glazed window to side elevation. Night storage radiator.
Bedroom Two - 2.97m x 2.08m (9'9" x 6'10")
UPVC replacement double-glazed window to rear elevation. Night storage radiator. Built-in wardrobe.
Bathroom & W.C. - 3.48m x 1.35m (11'5" x 4'5")
Panelled bath with independent shower mixer, pedestal handbasin, and low flush w.c. Night storage radiator. Extractor. White-aluminium and obscure double-glazed door to:
Courtyard - 7.49m x 1.45m (24'7" x 4'9")
Having access, via floor hatch and steps, to cellar (below the front parts of 64a and 66a).
64b & 66b are both approached from Pains Road via a panelled outer door to:
Ground floor lobby
Staircase to upper floors. Electricity meters for the four units (no current gas supply).
64b
Part-glazed front door to:
Entrance Hall
Access to Loft Space.
Kitchen/Dining Room - 5.13m x 2.03m (16'10" x 6'8")
Access to Loft Space. Two UPVC replacement double-glazed windows to side elevation. Single drainer stainless steel sink unit. Night storage radiator. Door to:
Cloakroom - 1.98m x 1.42m (6'6" x 4'8")
UPVC replacement obscure double-glazed window. Handbasin. Door to:
Shower Room & W.C.
Shower cubicle with independent mixer, high flush w.c. Obscure-glass window.
Bedroom - 4.24m x 2.92m (13'11" x 9'7")
UPVC replacement double-glazed window to side elevation. Night storage radiator.
Dual-aspect Living Room - 4.65m x 4.22m (15'3" x 13'10")
UPVC replacement double-glazed window to front and side. Night storage radiator.
66b
Front door to:
Kitchen/Dining Room - 5.38m x 2.36m (17'8" x 7'9")
Two UPVC replacement double-glazed windows to side elevation. Fitted base cupboards, work surfaces, single drainer stainless steel sink unit. Night storage radiator. Door to:
Bathroom - 2.41m x 2.03m (7'11" x 6'8")
Panelled bath, handbasin, UPVC replacement obscure double-glazed window to side elevation. Door to:
Separate W.C.
High flush suite. UPVC replacement obscure double-glazed window.
From Kitchen/Dining Room to:
Inner Hall
Bedroom - 3.91m x 3.05m (12'10" x 10'0")
UPVC replacement double-glazed window to rear elevation. Night storage radiator.
Living Room - 4.09m x 3.99m (13'5" x 13'1")
UPVC replacement double-glazed window to front elevation. Night storage radiator.
Outside
front: Forecourts to 64a and 66a as described.
Rear: North side: Yard as described. East side: Enclosed yard approached from Pains Road, affording dustbin storage and leading to:
Store room (known as 64c) - 3.96m x 2.39m (13'0" x 7'10")
Having butlers sink with water heater, together with cloakroom & W.C. Off.
Council tax
64a - Band 'A'
64b - Band 'A'
66a - Band 'A'
66b - Band 'A'
EPC
64a 'E'
64b 'E'
66a 'E'
66b 'E'
viewing
By appointment with auctioneers, D. M. Nesbit & co.
(17579/039241)
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