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Get brand editions for Nesbits, Southsea

Zak Court, Guildford Road, Fratton PO1 5PB

PROPERTY TYPE

Block of Apartments

BEDROOMS

12

BATHROOMS

7

SIZE

Ask agent

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

Floorplan 1
1

Description

OFFERS INVITED PRIOR TO AUCTION.
GUIDE PRICE:  £1,000,000
We invite immediate offers (strictly on Auction terms) for this lucrative, first-class INVESTMENT opportunity, being a MODERN BLOCK OF 7 APARTMENTS (2 x one-bedroom, 4 x two-bedroom, 1 x three-bedroom, plus garages and parking), all LET AND PRODUCING £63,660 p.a. (with scope for significant uplift), equivalent to a gross annual yield of 6%-plus.  Built around 2004, 'Zak Court' occupies a prominent corner position at the junction of Guildford Road with St Mary's Road, a convenient residential location enjoying good city access and within comfortable reach of a wide range of public amenities. The building has brick elevations under a pitched, slate roof incorporating multiple dormer windows, and features three integral garages (one in use as a cycle store), plus a rear parking compound having allocated spaces for four cars with automatic gated access. All units have secure entry, electric heating, full double-glazing, and equipped kitchen. General presentation is to a good standard. Occupancy (on Assured Shorthold Tenancy) is as follows:  
Flat 1 (2 Bedrooms) Let at £665 p.c.m.
Flat 2 (1 Bedroom)   Let at £675 p.c.m.
Flat 3 (2 Bedrooms) Let at £900 p.c.m.
Flat 4 (2 Bedrooms) Let at £740 p.c.m.
Flat 5 (1 Bedroom)   Let at £580 p.c.m.
Flat 6 (3 Bedrooms) Let at £950 p.c.m.
Flat 7 (2 Bedrooms) Let at £795 p.c.m.
TOTAL   £5,305 p.c.m.
Rarely is a Freehold block such as this presented to the open market - 7 low-maintenance units under one roof, a very healthy current income, scope for uplift to be applied, and with potential for future breakdown disposal. Full particulars are given as follows and early viewing is invited:

RECESSED PORCH

Bin store. Pedestrian door to end garage. UPVC and obscure double-glazed main front door, with SECURITY ENTRY SYSTEM, to:

COMMON HALLWAY

Stairs to upper floors.

GROUND FLOOR

FLAT 1

Entrance Hall

Coved ceiling. Built-in cupboard housing hot water tank. Security intercom telephone.

Bathroom & W.C. - 2.06m x 1.68m (6'9" x 5'6")

Internal. Fittings similar to Flat 7.

Bedroom One - 4.39m x 3.28m (14'5" x 10'9")

Coved ceiling. UPVC double-glazed window to side elevation.

Bedroom Two - 3.02m x 2.36m (9'11" x 7'9")

Coved ceiling. UPVC double-glazed window to side elevation.

Living Room - 4.47m x 3.63m (14'8" x 11'11")

Coved ceiling. UPVC double-glazed window to front elevation. Opening into:

Kitchen - 3.45m x 2.03m (11'4" x 6'8")

Coved ceiling. UPVC double-glazed window to front elevation. Fitted and equipped similarly to Flat 7.

FLAT 2

Entrance Hall

Coved ceiling. Security intercom telephone.

Bathroom & W.C. - 2.08m x 1.68m (6'10" x 5'6")

Internal. Fittings similar to Flat 7.

Bedroom - 2.97m x 2.87m (9'9" x 9'5")

Coved ceiling. UPVC double-glazed window to front elevation. Built-in cupboard housing hot water tank.

Living Room - 4.32m x 3.66m (14'2" x 12'0")

Coved ceiling. A dual-aspect room with three UPVC double-glazed windows on two sides. Opening into:

Kitchen - 3.45m x 2.08m (11'4" x 6'10")

Coved ceiling. UPVC double-glazed window to side elevation. Fitted and equipped similarly to Flat 7.

FIRST FLOOR

FLAT 3

Entrance Hall

Coved ceiling. Security intercom telephone. Built-in cupboard housing hot water tank.

Bathroom & W.C. - 2.08m x 1.65m (6'10" x 5'5")

Internal. Fittings similar to Flat 7.

Bedroom One - 4.34m x 3.3m (14'3" x 10'10")

Coved ceiling. UPVC double-glazed window to side elevation.

Bedroom Two - 3m x 2.36m (9'10" x 7'9")

Coved ceiling. UPVC double-glazed window to side elevation.

Living Room - 4.47m x 3.66m (14'8" x 12'0")

Coved ceiling. UPVC double-glazed window to side elevation. Opening into:

Kitchen - 3.45m x 2.16m (11'4" x 7'1")

Coved ceiling. UPVC double-glazed window to front elevation. Fitted and equipped similarly to Flat 7.

FLAT 4

Entrance Hall

Coved ceiling. Security intercom telephone.

Bathroom & W.C. - 2.13m x 1.7m (7'0" x 5'7")

Internal. Fittings similar to Flat 7.

Bedroom One - 3.91m x 3.3m (12'10" x 10'10")

Coved ceiling. UPVC double-glazed window to front elevation.

Bedroom Two - 2.97m x 2.87m (9'9" x 9'5")

Coved ceiling. UPVC double-glazed window to front elevation.

Living Room - 4.34m x 3.66m (14'3" x 12'0")

Coved ceiling. A dual-aspect room with UPVC double-glazed windows on two sides, together with feature oriel window to the corner. Opening into:

Kitchen - 3.45m x 2.26m (11'4" x 7'5")

Coved ceiling. UPVC double-glazed window to side elevation. Built-in cupboard housing hot water tank. Fitted and equipped similarly to Flat 7.

FLAT 5

Lobby

to:

Entrance Hall

Coved ceiling. Security intercom telephone.

Bathroom & W.C. - 2.03m x 1.68m (6'8" x 5'6")

Coved ceiling. UPVC double-glazed window. Fittings similar to Flat 7.

Bedroom - 3.71m x 2.84m (12'2" x 9'4")

Coved ceiling. Pair of UPVC double-glazed windows to front elevation.

Living Room - 3.86m x 3.66m (12'8" x 12'0")

Coved ceiling. A dual-aspect room with two UPVC double-glazed windows to the front elevation and one to the side. Door to:

Kitchen - 4.27m x 1.65m (14'0" x 5'5")

Coved ceiling. UPVC double-glazed window to rear elevation. Fitted and equipped similarly to Flat 7.

TOP (SECOND) FLOOR

FLAT 6

Entrance Hall

Coved ceiling with access to LOFT SPACE. Built-in cupboard housing hot water tank. Security intercom telephone.

Bathroom & W.C. - 2.97m x 2.29m (9'9" x 7'6")

'Velux' double-glazed roof window. Fittings similar to Flat 7.

Kitchen/Breakfast Room - 4.37m x 3.02m (14'4" x 9'11")

UPVC double-glazed window to side elevation, 'Velux' double-glazed roof window to front slope. Fitted and equipped similarly to Flat 7.

Living Room - 4.39m x 4.22m (14'5" x 13'10")

Coved ceiling. UPVC double-glazed window to side elevation.

Bedroom One - 4.39m x 3.3m (14'5" x 10'10")

Square dormer, with UPVC double-glazing, to rear elevation.

Bedroom Two - 3.63m x 2.97m (11'11" x 9'9")

Square dormer, with UPVC double-glazing, to rear elevation.

Bedroom Three - 4.29m x 3.38m (14'1" x 11'1")

Square dormer, with UPVC double-glazing, to front elevation.

FLAT 7

Entrance Hall

Coved ceiling with access to LOFT SPACE. Security intercom telephone.

Bathroom & W.C. - 2.06m x 1.65m (6'9" x 5'5")

White suite comprising: panelled bath with mixer tap and shower attachment, pedestal handbasiin, low flush w.c. Electric radiator/towel tail. Built-in cupboard housing hot water tank. UPVC double-glazed window to rear elevation. Coved ceiling.

Living Room - 4.72m x 3.86m (15'6" x 12'8")

Coved ceiling. A dual-aspect room with pair of square dormers to front elevation, both having UPVC double-glazing; additional double-glazed window to the side. Door to:

Kitchen - 4.11m x 1.65m (13'6" x 5'5")

Fitted and equipped with: base and wall cupboards, work surfaces, 1½  bowl stainless steel inset sink with mixer tap, electric oven, 4-ring electric hob with extractor canopy, plumbing for washing machine. UPVC double-glazed window to rear elevation. Coved ceiling.

Bedroom One - 3.89m x 3.1m (12'9" x 10'2")

Square dormer to front elevation having UPVC double-glazing. Built-in wardrobe.

Bedroom Two - 2.84m x 2.69m (9'4" x 8'10")

Square dormer to front elevation having UPVC double-glazing.

OUTSIDE

FRONT (Guildford Road elevation) THREE SINGLE INTEGRAL GARAGES, the middle of which has been designated (by Portsmouth City Council) as a CYCLE STORE.
REAR: Parking compound, approached from Guildford Road via an automatic vehicular gate, and affording FOUR ALLOCATED CAR SPACES.

COUNCIL TAX BANDS

Flat 1 Band 'B' - £1,696.27 p.a. (2025-26)
Flat 2 Band 'A' - £1,453.95 p.a. (2025-26)
Flat 3 Band 'B' - £1,696.27 p.a. (2025-26)
Flat 4 Band 'B '- £1,696.27 p.a. (2025-26)
Flat 5 Band 'A' - £1,453.95 p.a. (2025-26)
Flat 6 Band 'B' - £1,696.27 p.a. (2025-26)
Flat 7 Band 'B' - £1,696.27 p.a. (2025-26)

EPCs

Flat 1  Energy Rating 'C' (Floor Area 49 sq m approx).
Flat 2  Energy Rating 'C' (Floor Area 42 sq m approx).
Flat 3  Energy Rating 'C' (Floor Area 54 sq m approx).
Flat 4  Energy Rating 'C' (Floor Area 49 sq m approx).
Flat 5  Energy Rating 'D' (Floor Area 41 sq m approx).
Flat 6  Energy Rating 'D' (Floor Area 84 sq m approx).
Flat 7  Energy Rating 'd' (Floor Area 54 sq m approx).

VIEWING

By appointment through SOLE AGENTS & AUCTIONEERS,
D. M. NESBIT & CO.
(17772/051348)

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 1Full Details
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.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated,Garage en bloc
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Zak Court, Guildford Road, Fratton PO1 5PB

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About Nesbits, Southsea

7 Clarendon Road, Southsea, PO5 2ED
Industry affiliations:

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, Nesbits 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 level of experience second to none (Robin Evans, our Head of Residential Sales, having been with the firm since 1973), allow us to stand out from the field.

Operating throughout Portsmouth and the immediate surrounds, Nesbits handle the sale of all types of residential property. As well as conventional marketing, we are uniquely placed to offer clients the often desirable option of sale by Public Auction through the city's only Property Auction Saleroom. Probate sales are a speciality. Our associated Antique & Fine Art Division can assist with the valuation and disposal of chattels, ranging from single items to entire house contents.

For all your property needs, choose a name you can rely on - Nesbits

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Disclaimer - Property reference S1094778. 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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