Get brand editions for Vesta, London

Isambard Brunel Road, Southsea, Hampshire, PO1

£3,130,000
Added on 22/04/2020
Vesta, London
PROPERTY TYPE
Block of Apartments
BEDROOMS
x32
BATHROOMS
x21
SIZE
11,440 sq. ft.
(1,063 sq. m.)

Key features

  • 20 unit nationwide portfolio, spread over 7 counties
  • 12 x 2-bed & 8 x 1-bed apartments
  • Tenanted investment property
  • Aggregate rental income £186,300 pa
  • Aggregate gross yield 6%

Property description

Tenure: Leasehold

This is a unique opportunity to purchase a ready-made nationwide portfolio.

The vendor is also open to selling individual units, for which we have marketing photos and floorplans available upon request.

Portfolio information:

Made up of 20 units comprising:

9 x 2-bed leasehold apartments
7 x 1-bed leasehold apartments
1 x 4 unit freehold block comprising of:
3 x 2-bed apartments
1 x 1-bed apartment

The properties are spread over 7 counties as follows:

1 x London
6 x Hampshire
3 x Herefordshire
3 x Lancashire
4 x Lincolnshire
3 x West Yorkshire

Rental income:

Rent currently received: £15,525 pcm (£186,300 pa = 6.1% gross yield)
Estimated rental value: £16,945 pcm (£203,340 pa = 6.7% gross yield)
18 out of the 20-units are tenanted (90% occupancy rate)

Available upon request:

Portfolio breakdown
EPCs for all units
Photos for all units
Floorplans for all units

Note:

Please note that Vesta has not visited the properties and that all material has been provided by the vendor.

Isambard Brunel Road, Southsea, Hampshire, PO1

Approximate location

NEAREST STATIONSDistances are straight line measurements from the centre of the postcode

  • Portsmouth & Southsea Station0.0 miles
  • Fratton Station0.7 miles
  • Portsmouth Harbour Station0.7 miles
Mortgages
Check mortgage affordabilityPowered by Nationwide - Rightmove receives a fixed monthly fee from Nationwide for introductions made via the Rightmove platforms. It's up to you if you choose Nationwide or a different lender to suit your mortgage needs and circumstances
Market information
See similar nearby properties
Get brand editions for Vesta, London

About the agent

Vesta, London

Aston House, Cornwall Avenue, London, N3 1LF

Vesta, London
Vesta. A simpler way to buy. A smarter way to sell
Marketplace for residential investment property 

Vesta is the marketplace for buying and selling rental property

  • Most properties are sold tenanted, meaning you earn rental income from day one and the tenant gets to stay at home.
  • All properties come with rental, yield and tenancy information, including rental history for absolute clarity.
  • Investment guides and property management services avail
More properties from this agent

Industry affiliations

Ombudsman for Estate Agents and Lettings Estate Agents

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference VES-HX1-001. 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 Vesta, London. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.