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Waverley Road, Southsea

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Flat 2, 29 Waverley Road.jpg
1

Key features

  • Holding deposit - £219
  • Deposit - £1096
  • 2 Double Bedrooms
  • No pets permitted
  • Double Glazing
  • Electric Heating
  • Off Road Parking
  • Close to Seafront
  • Recently redecorated

Description

*** BUY TO LET INVESTMENT *** *** TENANTS IN SITU *** *** 6.78% GROSS RETURN AT ASKING PRICE ***
*** NO FORWARD CHAIN *** *** SHARE OF FREEHOLD *** *** TWO BEDROOM HALL FLOOR FLAT ***

Currently let, this hall-floor apartment boasts good sized accommodation throughout including a light and airy lounge with bay window to the front aspect and two double bedrooms to the rear.

Offered for sale with NO FORWARD CHAIN and with tenants in situ, this is an ideal investment and presents the opportunity for budding property investors to acquire a keenly priced property.

Current rental income sits at £950pcm (£11,400p/a) with an increase to £975pcm pending.

This is a fantastic and straight-forward investment and one that should not be missed.

Lounge - 4.85 x 4.04 (15'10" x 13'3") -

Kitchen - 2.94 x 1.59 (9'7" x 5'2") -

Bedroom One - 4 x 3.38 (13'1" x 11'1") -

Bedroom Two - 4.6 x 3.52 (15'1" x 11'6") -

Bathroom - 2.36 x 1.6 (7'8" x 5'2") -

Agents Notes - TENURE: Share of Freehold
Lease: 125 years from the 25th of March 1986 meaning that the unexpired term is approximately 87 years.
Ground Rent: £50 rising to £250 p/a.

The Title of this property includes the following extract regarding restrictive covenants.
The Deeds and Documents of Title having been destroyed by enemy action,
the land is registered subject to such restrictive covenants as may have
been imposed thereon before 19 March 1949 so far as the same are
enforceable.

Brochures

Waverley Road, SouthseaBrochure
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.
Off street
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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Waverley Road, Southsea

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About Tully & Co, Southsea

157-159 Albert Road, Southsea, PO4 0JW
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Tully & Co have been operating as independent estate agents for over 40 years. As well as offering an extensive service to buyers and sellers, our team specialises in residential lettings and property management and have an enviable reputation for providing quality accommodation at affordable prices.

Our modern office is situated in the heart of Southsea, the historic sea front city of Portsmouth. Southsea is a lively seaside town attracting visitors all year round to its beaches, museums, gardens, restaurants and shops and is only about an hour away from the New Forest.

Portsmouth itself is a University City, situated in Hampshire on the southern coast of England. It is a vibrant, popular place to live with a wide choice of accommodation to suit its diverse culture. Portsmouth’s city centre has undergone massive redevelopment and offers good transport links and excellent modern shopping facilities that sit alongside its historic tourist attractions.

If you are looking to move to the Portsmouth area our team have extensive local knowledge, we will listen to your requirements and provide you with advice and assistance to ensure you are getting the right property in the best location to suit your lifestyle and requirements.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
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Years
%
Monthly repayments
£785
We think you can borrow up to
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Disclaimer - Property reference 33418850. 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 Tully & Co, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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