Studio flat for saleBrandon Court, Lawrence Road, Southsea
- STUDIO APARTMENT
- INVESTMENT OR FIRST TIME BUY
- 19'11'' x 7'10'' KITCHEN
- SEPARATE BEDROOM
- SHOWER ROOM
- LIFT SERVICE
- DOORSTEP OF ALBERT ROAD
- CURRENTLY LET AT £435 PCM
Currently let on an Assured Shorthold Tenancy at £435 pcm giving a 7.45% return at the asking price., this studio apartment would make a perfect investment purchase.
The apartment is situated within a prestigious development which was formerly a convent located just a short stroll to Albert Road offering an array of shops, bars & restaurants.
The studio comprises of a 19'11'' x 7'10'' kitchen, separate 13'4''x 9'6'' bedroom and a shower room.
Further benefits include a security intercom system & lift.
Entrance - Intercom system giving access to communal hallway, personal post boxes, stairs & lift to the 3rd floor, main door leading to:-
Kitchen - 6.07m'' x 2.39m'' into recess (19'11'' x 7'10'' in - Range of wall & base units incorporating a stainless steel sink with chrome mixer tap, electric cooker point, space for fridge/freezer, storage to the eaves, Georgian style window, wall mounted heater & power points.
Bedroom - 4.06m'' x 2.90m'' with some restricted headroom (1 - Set over two levels, steps down to bed area, raised study area, vaulted ceiling, plastered walls & textured ceiling, wall mounted heater, intercom phone & power points.
Shower Room - Comprising of a fully tiled shower cubicle with thermostatic shower, W.C, handbasin, heat light & vinolay flooring.
Further Information - LEASE DETAILS We have been informed by our Vendor that there is a 125 year lease commencing in 1984 with a ground rent of £100.00 per annum.
We are further informed that the Service Charge for 2017/18 £995.40
The property is currently let at £435 PCM giving a 7.45% gross return with the possibility of further uplift on the current rent.
Council tax band A £960.92
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