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Kingston Road, North End PO2 7LP

PROPERTY TYPE

End of Terrace

BEDROOMS

2

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

TO BE SOLD BY PUBLIC AUCTION AT A DATE TO BE CONFIRMED.
(UNLESS SOLD PREVIOUSLY).
GUIDE PRICE:  £190,000-£210,000.
We invite IMMEDIATE CASH OFFERS, prior to possible Public Auction, for this well-situated MIXED COMMERCIAL/RESIDENTIAL INVESTMENT comprising a VACANT ONE BEDROOM UPPER FLAT together with SHOP AND LIVING ACCOMMODATION LET CURRENTLY. Potential return of around £16,800 p.a., equivalent to a yield of 8.25% p.a. at mid-guide.  A prominent secondary trading area, Kingston Road runs from Fratton Road to London Road, No. 176 being on the east side a short distance from the junction with Queens Road and adjacent Buckland United Reform Church. This position is convenient to a wide range of public amenities.  At the end of a terrace of broadly similar properties, No. 176 features rendered elevations under a pitched and tiled recently renovated main roof. To the rear is an attractive and surprisingly generous garden some 60ft in length. Considered a worthwhile addition to an investment portfolio, and holding good future potential, full details of this opportunity are given as follows:

SHOP & ACCOMMODATION

Trading as Busy Bee Tailoring and Alterations, the ground floor is LET at a current rent of £650 p.c.m., the original tenancy being for a fixed term of 5 years from 2012 and now holding over on a month to month basis. This portion of the building comprises:

Shop - 5.54m x 4.11m (18'2" x 13'6")

Glazed shop front, part-glazed entrance door. Two radiators. Door to:

Inner Hall

Fitted storage cupboard.

Bedroom - 3.2m x 2.57m (10'6" x 8'5")

Radiator.

Living Area - 4.42m x 1.83m (14'6" x 6'0")

Plus 19'0 (5.79m) x 5'3 (1.60m)  Two radiators. 'Ideal' gas fired central heating and hot water boiler. Part-glazed door to rear garden.

Kitchen - 3.45m x 2.64m (11'4" x 8'8")

Fitted base and wall cupboards, work surfaces with tiled surround, inset single drainer stainless steel sink unit with mixer tap.

Bathroom & W.C. - 2.74m x 1.96m (9'0" x 6'5")

White suite comprising:  panelled bath with mixer tap and shower attachment, pedestal handbasin, and low flush w.c. UPVC replacement double-glazed window to rear elevation. Radiator. Tiled floor.

Commerical EPC 'C'

FIRST FLOOR FLAT

This self-contained apartment, with its own private entrance via the front of the building, is VACANT. It affords:

Ground Floor

Newly-installed UPVC front door to:

Lobby

Having stairs to:

First Floor Landing

Textured Artex ceiling with access to Loft Space.

Living Room - 3.63m x 3.12m (11'11" x 10'3")

Textured Artex ceiling. UPVC replacement double-glazed window to front elevation. Night storage radiator. Recess with electricity meter and circuit breakers.

Bedroom - 3.28m x 3.2m (10'9" x 10'6")

Textured Artex ceiling. UPVC replacement double-glazed window to rear elevation.

Bathroom & W.C.

White suite comprising: panelled bath, pedestal handbasin, and low flush w.c. Obscure-glass window. Textured Artex ceiling.

Kitchen - 3.51m x 2.54m (11'6" x 8'4")

Fitted and equipped with: base and wall cupboards, work surfaces with tiled surround. Single drainer stainless steel sink unit with mixer tap, electric oven, and 4-ring gas hob having extractor canopy. Plumbing for washing machine. Night storage radiator. UPVC replacement double-glazed window to rear elevation. Textured Artex ceiling.

EPC 'F'

COUNCIL TAX

Band 'A' - £1,383.64 per annum (2024-25).

OUTSIDE

REAR:  (for use of Shop tenant).
Depth:  60'0 (18.29m)  Width:  14'8 (4.47m)  Generous walled and fenced garden with easterly aspect.

VIEWING

By appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(17815/048310)

ADDITIONAL AUCTION COSTS

A Buyer's Premium of £450 + V.A.T., will be payable by the purchaser to the Auctioneers, either in the Saleroom or, if the Lot is sold prior to Auction, at the offices of Nesbit & Co. An Auction Legal Pack (including Contract of Sale and Special Conditions) will be prepared by the Seller's Solicitors and available for inspection by interested parties. Those intending to bid are advised to make themselves aware of the content of the Legal Pack, containing, as it will, information in respect of any other charges that may apply (Search Fees and/or Seller's legal costs for example).

Brochures

Brochure 1

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Kingston Road, North End PO2 7LP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Portsmouth & Southsea Station1.0 miles
  • Fratton Station1.1 miles
  • Hilsea Station1.5 miles
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About the agent

Nesbits, Southsea

7 Clarendon Road, Southsea, PO5 2ED

Nesbits, Southsea

Established in 1921 as an independent practice of Estate Agents, Chartered Surveyors & Auctioneers, and at our address in the heart of Southsea Town Centre since 1965, Nesbit & Co are very much a recognised and trusted name in Estate Agency.

We have carved out a strong reputation among our competitors, based upon the highest standards of service, true professionalism, and a tenacious attitude to our clients' interests - qualities which, when combined with deep local knowledge and a leve

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Industry affiliations

Royal Institute of Chartered Surveyors

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Disclaimer - Property reference S840759. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nesbits, Southsea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Nesbits, Southsea on 0238 214 8243.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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