Palmerston Road, Southsea
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- Seafront Vicinity
- First Floor Flat
- Share of Freehold
- Double Bedroom
- Fitted Kitchen
- Fitted Bathroom
- Living Room With Bay Window
- Ideal Starter Home
- Ideal Long Term Rental Investment
- Requested Location
Description
This is an ideal starter home and a long-term investment rental opportunity. The property is currently tenanted at £825 per calendar month, offering a 6.1% gross yield.
ENTRANCE AREA From the road side pavement head down the under croft alley way walkway past the wrought iron entrance gate to the rear of the walkway to the second double glazed entrance door on the right hand side.
ENTRANCE LOBBY Double glazed entrance door opening to the lobby area, coat hanging space and stairs rising to the first floor upper landing area.
UPPER FLOOR LANDING AND STAIRWELL 9' 08" x 6' 04" (2.95m x 1.93m) Landing area with balustrade to the stairwell, stairs leading down to the ground floor level. Doors to the accommodation and sky light window.
LIVING ROOM 14' 07" x 11' 08" (4.44m x 3.56m) Front aspect double glazed box bay window, power points, electric dimplex heater. smooth plastered walls and ceiling. Doorway opening to the landing.
KITCHEN 10' 10" x 6' 04" (3.3m x 1.93m) Fitted units incorporating work surfaces with tiled splash backs, inset stainless steel sink with mixer tap, space for the washing machine, built in oven and hob, space for an upright fridge freezer, front aspect double glazed window and door to the landing.
DOUBLE BEDROOM 12' 08" x 11' 00" (3.86m x 3.35m) Rear aspect double glazed window, power points, dimplex heater, smooth plastered walls and ceiling, built in wardrobes and door to the landing.
FAMILY BATHROOM 8' 02" x 6' 04" (2.49m x 1.93m) Suite comprising low level flush W.C. pedestal wash basin and a panelled bath with shower taps facility and tiled to the principle areas Two rear aspect double glazed windows. Smooth plastered walls and ceilings. Laminate wood flooring and door to the landing
LEASE WITH SHARE OF FREEHOLD The vendors presently own 50% of the freehold and are happy to extend the lease term from its present remaining term of 76 years remaining. They are happy to extend the lease to a full 125 years.
- 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
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Palmerston Road, Southsea
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Visit our security centre to find out moreDisclaimer - Property reference 101279003500. 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 Kings Estates, 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.
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