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4 bedroom flat for sale

Cornwallis Crescent , Portsmouth , PO1

Withdrawn from Market £162,995

Property Description

Key features

  • Cash Or Buy To Let Mortgages Investment Only
  • Ideal Investment Income 1275Pcm
  • Yield 9.4%
  • Tenancy Agreement Signed Until August 2017
  • HMO Granted Sept 2015
  • Four Bedrooms
  • Lounge
  • Modern Bathroom
  • Off Road Parking Permit For Communal Car Park
  • Private Balcony

Full description

Tenure: Leasehold

The Property
Cash or buy to let mortgages only investment only.

An ideal investment opportunity with four full time professionals collectively paying £1275 pcm rent exclusive of all bills. The property achieves a 9.4% rental yield. The current tenancy agreement runs up until August 2017.

Two minutes walk to the shops and amenities of Commercial Road and 8 minutes walk to Portsmouth and Southsea train station. Bus connections to Cosham QA Hospital, Southsea Seafront, Northend, Ferry Port and Gunwharf Quay’s are just a short stroll away.

HMO granted September 2015 for four sharers, electrically checked with interconnecting smoke alarms with its electrical five year certificate granted in August 2015.

The flat is sold as seen with all its new Ikea furnishings and new electrical items which include fridge freezer, 40" flat screen TV, microwave, cooker, washer/dryer, dishwasher and soft furnishings.

Four double bedrooms with ample storage.

The flat currently has professional occupancy but its ideal location makes it attractive to both the student and young professional markets. Portsmouth University buildings are 800m away.

The general décor is good throughout with wood flooring and new carpets.

Viewings are recommended for this low maintenance and recently refurbished flat. Don’t let this great investment opportunity slip through your fingers………..

Kitchen
10'7" x 7'9"
Double glazed window, with a selection of wall and base units.

Bedroom One
11'4" x 7'5"
Double glazed window, modern décor furnishings supplied.

Bedroom Two
11'5" x 6'
Double glazed window, modern décor furnishings supplied.

Bedroom Three
14'6" x 8'2"
Double glazed window, modern décor furnishings supplied.

Bedroom Four
10'8" x 8'2"
Double glazed window, modern décor furnishings supplied.

Lounge
14'6" x 11'7" x 6'10" L Shaped
Double glazed window. Modern décor furnishings supplied.

Bathroom
6' x 6'
Double glazed windows with a three piece white bathroom suite with shower over bath.

Services
Management charges £165.90pcm and over 100 years remaining on lease.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
16 November 2016

Floorplans

Map & Street View

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