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Marmion Road, Southsea

PROPERTY TYPE

Block of Apartments

BEDROOMS

5

BATHROOMS

1

SIZE

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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

87 Marmion Road.jpg
1

Key features

  • FREEHOLD BLOCK ON SOUGHT AFTER ROAD
  • CURRENTLY LET
  • 5 BED HMO
  • SEPARATE SHOP
  • OF INTEREST TO INVESTORS
  • GROSS RETUN (ON CURRENT RENT) OF CIRCA 11.7%
  • CENTRAL SOUTHSEA LOCATION
  • TENANTS IN SITU
  • A UNIQUE OPPORTUNITY

Description

*** FREEHOLD INVESTMENT OPPORTUNITY *** *** SHOP AND MAISONETTE *** *** CURRENTLY LET ***
*** 5 BED HMO *** *** SEPARATE SHOP *** *** GROSS RETURN ON INVESTMENT OF 11.7% ON CURRENT RENTS ***


A unique opportunity to acquire a freehold block in the sought after Marmion Road. Comprising of a lock-up shop to the ground floor (currently tenanted) and a 5 bed maisonette to the rear and above.

The maisonette has been used for many years as an HMO and is currently let to professional tenants on a room by room basis.

All in all this is a rare opportunity so we would encourage early interest.

Ground Floor - Entrance to maisonette via door to the right of the shop front. Door to shop to the left.

Hallway to kitchen/lounge, door to ground floor bedroom and stairs to the upper floors.

Kitchen/Lounge -

W/C -

Bedroom One -

First Floor -

Bedroom Two -

Bathroom -

Bedroom Three -

Bedroom Four -

Second Floor -

Bedroom Five -

Rear Courtyard Garden -

Shop - Accessed from Marmion Road. Area of retail space to the front with shop counter and partition providing access to a kitchenette.

Brochures

Marmion 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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
No parking
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Marmion Road, Southsea

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About Tully & Co, Southsea

157-159 Albert Road, Southsea, PO4 0JW
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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
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,811
We think you can borrow up to
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Disclaimer - Property reference 33696687. 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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