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Weston Court, Canal Walk

PROPERTY TYPE

Block of Apartments

BEDROOMS

17

BATHROOMS

11

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

Key features

  • SEVENTEEN BEDROOMS
  • ELEVEN ENSUITE BEDROOMS
  • £10,750 PCM RENT 2025/26
  • SIGNIFICANT ANNUAL INCOME
  • 2022 CONVERSION
  • 10.32% GROSS YIELD ON INVESTMENT
  • CLOSE TO CITY CENTRE
  • 60SQ M COMMUNAL LOUNGE
  • SPACIOUS REAR GARDEN
  • C1 PERMISSIONS

Description

**17 BEDROOM INVESTMENT OPPORTUNITY CLOSE TO PORTSMOUTH UNIVERSITY**

We are delighted to offer the opportunity to acquire a 17 bedroom halls of residence in the heart of Portsmouth's Student Quarter.

New for the 2021/22 Academic year, Weston Court offers a secure living environment within walking distance of the City Centre, local transport links and Portsmouth University.

The property is comprised of 17 modern furnished double bedrooms each let on an assured shorthold tenancy (AST). The accommodation is spread over four floors and consists of a 60M2 lounge -kitchen area with a separate laundry room. 11 of the 17 bedrooms are en-suite, with the remaining six bedrooms being serviced by the three shower rooms and four separate w.cs. Each room comes furnished with a double bed, bed-side tables, a desk, storage cupboard/chest of drawers and a flat screen TV.

Further highlights include a secure cycle store, an enclosed rear garden and high Speed wi-fi.

Each room is currently let and is anticipated to achieve between £550-£700 PCM for the next academic year returning a combined gross income of circa £10,750 PCM. C1 permissions in place.

Site Location - Weston Court is located very close to Portsmouth City centre. The site sits equidistant from both Fratton and Portsmouth & Southsea train stations, both being under 10 minutes walk.

The main University campus is a 20 minute walk from Weston Court, making its development into Student Halls a highly appropriate proposition.

Portsmouth University has a population of approximately 25,000 students, making it the 24th most attended further education establishment in the United Kingdom. The University proves popular with both UK and foreign students alike.

Kitchen/Lounge/Dining Area - 60 Sq M Communal living space

Laundry Room - 9 Sq M Laundry Room access through the kitchen

Cycle Store - Secure store for up to 14 bicycles

Bin Store - Secure bin store containing three 110 litre bins

Bedroom One - 17.0 Sq M bedroom with ensuite shower room- Ground Floor - Anticipated to let at £650 PCM for next academic year

Bedroom Two - 17.0 Sq M bedroom with ensuite shower room- Ground Floor - Anticipated to let at £650 PCM for next academic year

Bedroom Three - 11.0 Sq M bedroom with ensuite shower room- First Floor - Anticipated to let at £600 PCM for next academic year

Bedroom Four - 11.0 Sq M bedroom - First Floor - Anticipated to let at £550 PCM for next academic year

Bedroom Five - 14.1 Sq M bedroom with ensuite shower room- First Floor- Anticipated to let at £650 PCM for next academic year

Bedroom Six - 9.5 Sq M bedroom with ensuite shower room- First Floor- Anticipated to let at £600 PCM for next academic year

Bedroom Seven - 9.4 Sq M bedroom- First Floor- Anticipated to let at £550 PCM for next academic year

Bedroom Eight - 10.2 Sq M bedroom with ensuite shower room- Second Floor- Anticipated to let at £600 PCM for next academic year

Bedroom Nine - 11.1 Sq M bedroom- Second Floor- Anticipated to let at £550 PCM for next academic year

Bedroom Ten - 14.1 Sq M bedroom with ensuite shower room- Second Floor- Anticipated to let at £650 PCM for next academic year

Bedroom Eleven - 9.5 Sq M bedroom with ensuite shower room- Second Floor- Anticipated to let at £600 PCM for next academic year

Bedroom Twelve - 9.4 Sq M bedroom - Second Floor- Anticipated to let at £550 PCM for next academic year

Bedroom Thirteen - 11.8 Sq M bedroom with ensuite shower room- Third Floor- Anticipated to let at £600 PCM for next academic year

Bedroom Fourteen - 10.7 Sq M bedroom- Third Floor- Anticipated to let at £550 PCM for next academic year

Bedroom Fifteen - 13.6 Sq M bedroom with ensuite shower room- Third Floor- Anticipated to let at £650 PCM for next academic year

Bedroom Sixteen - 9.1 Sq M bedroom with ensuite shower room- Third Floor- Anticipated to let at £600 PCM for next academic year

Bedroom Seventeen - 9.5 Sq M bedroom - Third Floor-Anticipated to let at £600 PCM for next academic year

Solicitor - Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution. The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid. A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner. Bernards can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.

Offer Check Procedure - If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position. Our Sellers expect us to report on a Buyer's proceedability whenever we submit an offer. Thank you.

Anti-Money Laundering (Aml) - Bernards Estate agents have a legal obligation to complete anti-money laundering checks. The AML check should be completed in branch. Please call the office to book an AML check if you would like to make an offer on this property. Please note the AML check includes taking a copy of the two forms of identification for each purchaser. A proof of address and proof of name document is required. Please note we cannot put forward an offer without the AML check being completed

Bernards Mortgage & Protection - We have a team of advisors covering all our offices, offering a comprehensive range of mortgages from across the market and various protection products from a panel of lending insurers. Our fee is competitively priced, and we can help advise and arrange mortgages and protection for anyone, regardless of who they are buying and selling through.

If you're looking for advice on borrowing power, what interest rates you are eligible for, submitting an agreement in principle, placing the full mortgage application, and ways to protect your health, home, and income, look no further!

Property Tenure - Freehold

Council Tax Band -

Brochures

Weston Court, Canal WalkBrochure
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.
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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.
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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Energy performance certificate - ask agent

Weston Court, Canal Walk

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About Bernards Estate and Lettings Agents, Southsea Office

8 Clarendon Road, Southsea, PO5 2EE
Industry affiliations:

Sales, Lettings, Land and New Homes, Block Management and Independent Financial Advice all under one roof.

Bernard’s prestigious high street premises are fully equipped with the latest technology ensuring that in-house brochures are of the highest standard. Bernard’s mature, experienced staff can be trusted to effectively handle our client’s most valuable asset. Regular advertising in local property publications includes The Property Guide, Southern Property Advertiser & Ideal Homes Magazine. This is complimented by advertising in The Yellow Pages, a strong presence on www.yell.com & of course our very own website www.bernardsestates.co.uk. Bernard’s are members of the National Association of Estate Agents, the Ombudsman Scheme and the Portsmouth Property Association, all of which uphold the highest professional standards. Bernards also carry Professional Indemnity and Client Money Protection insurance to ensure our clients are fully protected and have complete peace of mind.

• Call today for FREE sales and lettings appraisals

• Experienced friendly staff with extensive local knowledge

• Special fee offers for Sellers and Landlords

• Premier Listings on Rightmove

• Members of the Team national multi-listing network (over 300 offices across the UK)

• Floor plans available

• Dedicated Land & New Homes service

• Full colour high-profile press advertising

• Immediate property matching with prospective buyers/tenants

• Ongoing sales results via email and SMS

• Bespoke property details to individual requirements

• Regular feed-back and advice

• Motivated 'sales' and “lettings” team for instant results

• Comprehensive tenant vetting procedures

• Wide range of letting properties available

• Competitive letting fees for fully managed, tenant find only and rent collection services

• Landlord insurances

• Property Development consultancy

• Distinctive 'For Sale' / 'To Let' boards

• Professional Property Management & Lettings Department (all under one roof) - no head office!

• In-house Independent Financial Advice through Wallace Nichols Financial Services

• Fine arts/chattels probate and insurance valuations

Sales, Lettings, Land and New Homes and Financial Advice, all under one roof.

Established for 30 years, Bernards Estate Agents are a successful independent, estate agent with offices in Southsea, Portsmouth and Waterlooville and we market properties throughout South East Hampshire.

Bernards prestigious high street premises are fully equipped with the latest technology to allow us to effectively handle every aspect of selling your property.

Our experienced, friendly staff have extensive local knowledge and are on hand to offer free, expert advice to our vendors.

We offer unique 3D colour floor plans, bespoke property details and professional photography.

We promote properties in local property press, on social media, property portals such as Rightmove.co.uk and on our own website.

We can help you with your financial decisions via the independent services of ADN Financial Solutions who conveniently reside in our Portsmouth branch.

Bernards are members of the National Association of Estate Agents, the Ombudsman Scheme and the Portsmouth Property Association, all of which uphold the highest professional standards.

Bernards carry Professional Indemnity and Client Money Protection insurance to ensure our clients are fully protected and have complete peace of mind.

Call today for your free, no obligation market appraisal.

Affordability

Monthly repayments£5,701
Property: £ 1,250,000
Deposit: £ 125,000
Interest rate: 4.5%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 34536976. 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 Bernards Estate and Lettings Agents, Southsea Office. 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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