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Pains Lodge, Pains Road, Southsea PO5 1AS

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.
Floorplan 1
1

Description

Well-situated, generously proportioned and, very unusually, arranged over three floors, this PURPOSE-BUILT TWO DOUBLE BEDROOM APARTMENT benefits from double-glazing, electric heating, 21ft living room/kitchen, and a 200 sq. ft.  main bedroom. A modern development of just three units, 'Pains Lodge' is positioned close to the junction of Pains Road with Somers Road, some half a mile only from Southsea Town Centre (Palmerston Road Shopping Precinct) and Portsmouth University's main campus, also within comfortable reach of a wide range of public amenities, including: local shops, main-line stations, bus services, various schools, historic Old Portsmouth, and the Gunwharf Quays leisure and retail complex. Let until recently, now vacant, Flat 2 is available with the further asset of NO ONWARD CHAIN. Having a projected rental return of around £1,200 p.c.m. (equivalent to a yield of some 8% p.a.  gross) it will appeal to investors, whilst also considered an ideal opportunity for FIRST TIME BUYERS. Full details are given as follows and early enquiry is recommended:

Private entrance at side of building via UPVC door to:

GROUND FLOOR

HALL

Textured plaster ceiling. Stairs to upper floors. Tiled floor. Night storage radiator. Plumbing for washing machine. Circuit breakers.

CLOAKROOM & W.C.

White suite comprising: handbasin and low flush w.c. Textured plaster ceiling with extractor. Tiled floor.

FIRST FLOOR

LANDING

UPVC double-glazed window to stairwell. Textured plaster ceiling.

LIVING ROOM & W.C. - 6.63m x 3.81m (21'9" x 12'6")

Reducing to 9'2 (2.79m) 

Kitchen Area

Fitted and equipped with: base and wall cupboards, work surfaces and breakfast bar with tiled surround, 1½  bowl stainless steel inset sink with mixer tap, electric oven, and 4-ring ceramic hob with extractor canopy. Space for 'fridge and freezer. UPVC double-glazed window to side elevation. Wood-laminate flooring. Textured plaster ceiling.

Living Area

Textured plaster ceiling. UPVC double-glazed window to rear elevation. Night storage radiator.

TOP (SECOND) FLOOR

LANDING

'Velux' double-glazed roof window to front slope. Built-in storage cupboard.

BATHROOM & W.C. - 1.75m x 1.65m (5'9" x 5'5")

White suite comprising: pedestal handbasin, low flush w.c., and panelled bath with 'Triton' independent shower mixer. Part-tiled walls. UPVC obscure double-glazed window. Ceiling extractor. Wood-laminate flooring.

BEDROOM ONE - 5.89m x 3.23m (19'4" x 10'7")

Sloping ceiling incorporating three 'Velux' double-glazed roof windows. Access to eaves storage. Night storage radiator.

BEDROOM TWO - 3.56m x 2.79m (11'8" x 9'2")

Rear square dormer with UPVC double-glazed window. Access to eaves storage. Night storage radiator.

OUTSIDE

Forecourt with bin storage.

GENERAL INFORMATION

Tenure: 125 years leasehold from 26th October 2004 (103 years remaining).
Service Charge: £800 p.a.
Ground Rent: £1 p.a.

COUNCIL TAX

Band 'B' - £1,782.44 p.a. (2026-27).

EPC

Energy Rating 'E' (Floor Area 129  sq m approx).

VIEWING

By appointment with SOLE AGENTS,
D. M. NESBIT & CO.
(18109/061418)

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.
Band: B
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.
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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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Pains Lodge, Pains Road, Southsea PO5 1AS

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Affordability

Monthly repayments£878
Property: £ 175,000
Deposit: £ 17,500
Interest rate: 5.33%
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.
Renovation potential
Recently sold & under offer
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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, Nesbit & Co 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, Nesbit & Co 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 – Nesbit & Co.

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, Nesbit & Co 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, Nesbit & Co 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 - Nesbit & Co.

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Disclaimer - Property reference S1777310. 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.

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