Description
We have pleasure in marketing for sale this excellent BUY TO LET opportunity returning an annual yield of approximately 6.8%. Situated in the heart of one of Southsea's highly requested conservation areas, this THREE BEDROOM first floor apartment is rented out to Portsmouth University students under a new tenancy agreement with an income of £15,300 per annum until July 2024. The living room features a southerly facing balcony and the fully equipped kitchen includes the white goods as well as all the furniture. Immediately outside the front door there is a useful store plus an external lock-up store perfect for cycles. Viewing is strongly recommend.
First Floor - Communal Landing
Entrance Hall
Living Room - 16' 6'' x 11' 5'' (5.03m x 3.48m)
Door to Balcony
Balcony - 11' 4'' x 3' 11'' (3.45m x 1.19m)
Kitchen - 12' 1'' x 7' 10'' (3.68m x 2.39m)
Bedroom 1 - 13' 5'' x 11' 7'' (4.09m x 3.53m)
Bedroom 2 - 12' 9'' x 9' 4'' (3.88m x 2.84m)
Bedroom 3 - 11' 6'' max x 7' 7'' (3.50m x 2.31m)
Bathroom - 5' 9'' x 5' 1'' (1.75m x 1.55m)
Separate W.C - 5' 10'' x 2' 9'' (1.78m x 0.84m)
Store 1 - 3' 6'' x 2' 0'' (1.07m x 0.61m)
Adjoining front door
External Store 2 - 6' 0'' x 3' 0'' (1.83m x 0.91m)
AGENTS NOTES
Tenure: LeaseholdTerm: 125 years from 1/10/1981 with 83 years remainingGround Rent: PeppercornService Charge: £197 per monthEPC Rating: 'C'Council Tax Band: 'B'
Council Tax Band: B
Tenure: Leasehold