Earls Road, Fareham - Investment Opportunity
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- INVESTMENT OPPORTUNITY
- FREEHOLD HOUSE DIVIDED INTO TWO FLATS
- WITH TENANTS IN SITU
- NO FORWARD CHAIN
- TWO BED GROUND FLOOR FLAT WITH PARKING AND GARDEN
- ONE BED FIRST FLOOR FLAT
- FURTHER OFF ROAD PARKING POTENTIAL (SUBJECT TO PERMISSIONS)
- EPC RATING FLAT 1: C
- EPC RATING FLAT 2: C
Description
INVESTMENT OPPORTUNITY. NO FORWARD CHAIN. An excellent and rare opportunity to purchase this freehold house which is currently divided into two flats, and offered for sale with tenants in situ. Both flats are currently tenanted and each achieve £995 per calendar month (including gas and electric) and both tenants are on a rolling periodic agreement. Communal entrance with Flat 1 and 2 having the benefit of their own front doors. Flat one is a two bedroom ground floor flat which comprises; hallway, modern fitted shower room, two bedrooms and an open plan 23' kitchen/living room with access onto the rear garden. Externally, Flat 1 has a sizeable southerly facing rear garden and parking located to the rear of the property with access via a service road. Flat 2 is a one bedroom first floor flat which comprises; staircase rising to the first floor landing, living room, modern fitted kitchen, double bedroom, bathroom and a paddle staircase leading to the loft. Externally, there is a laid to lawn front garden which has potential for further off road parking (subject to the necessary permissions being granted). Viewing is highly recommended by the sole agents.
COMMUNAL ENTRANCE
With Flat 1 and Flat 2 benefitting from its own front door.
FLAT 1
HALLWAY
FRONT DOOR
Two storage cupboards.
SHOWER ROOM
Smooth ceiling with inset spotlighting. Extractor fan. Modern suite comprising large shower cubicle with aqua boarding splashback. Low level WC. Wash hand basin. Heated towel rail. Tile effect vinyl flooring.
BEDROOM ONE
Double glazed bay window to the front aspect. Ceiling rose. Radiator.
KITCHEN/LIVING ROOM
LIVING AREA
Smooth and coved ceiling. Radiator. Door to bedroom two. Opening to the kitchen.
KITCHEN
Double glazed French doors leading to the rear garden. Smooth ceiling with inset spotlighting and skylight. Matching wall and base units with contrasting work tops. Inset stainless steel sink and drainer. Four ring electric hob. Integral oven and grill. Space for fridge/freezer and washing machine. Wood effect flooring.
BEDROOM TWO
Double glazed door leading to the rear garden. Double glazed window to the rear aspect. Smooth ceiling. Radiator.
OUTSIDE
Flat 1 has the benefit of a southerly aspect rear garden which is predominantly laid to lawn. There is an initial patio area with the remainder of the garden being laid to lawn with hedging and mature trees.
Flat 1 has the benefit of PARKING with rear access to the property which is accessible via a service road. Two timber garden sheds.
FLAT 2
COMMUNAL ENTRANCE WITH OWN FRONT DOOR
GROUND FLOOR ENTRANCE
Staircase rising to the first floor landing.
FIRST FLOOR
LANDING
Paddle staircase leading to the loft. Doors to:
LIVING ROOM
Double glazed window to the front aspect. Picture rail. Radiator. Opening to:
KITCHEN
Double glazed window to the front aspect. Matching wall and base units with contrasting work tops. Inset stainless steel sink and drainer. Four ring electric hob with extractor above. Fitted oven/grill. Space for fridge/freezer and washing machine. Vinyl flooring.
BEDROOM
Double glazed window to the rear aspect. Smooth and coved ceiling. Radiator.
BATHROOM
Double glazed window to the rear aspect. Suite comprising bath with shower over and rail. Wash hand basin. Low level WC. Radiator. Part tiled walls. Vinyl flooring.
LOFT
Skylight to the front aspect and two skylights to the rear aspect. Smooth ceiling. Radiator.
AGENT'S NOTE
Please be aware there is a combination boiler in Flat 1 that serves both flats.
COUNCIL TAX
FLAT 1
Fareham Borough Council. Tax Band A. Payable 2025/2026. £1,443.03.
FLAT 2
Fareham Borough Council. Tax Band A. Payable 2025/2026. £1,443.03.
- 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.
- Yes
- 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.
- Ask agent
Earls Road, Fareham - Investment Opportunity
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