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South Road, Fratton

PROPERTY TYPE

Block of Apartments

BEDROOMS

7

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

  • Investment Opportunity!
  • Four Separate Apartments
  • Freehold Building
  • Modern Building (Circa 2018)
  • Currently Generating £48,840 per annum (subject to all four apartments being let)
  • Viewings By Appointment Only

Description

EXCELLENT INVESTMENT OPPORTUNITY! An exciting opportunity to purchase a freehold building in South Road, Fratton. The property was built in 2018 and accommodation consists of four separate self-contained apartments, all currently let generating an annual income £48,840 (subject to all four apartments being let). Viewings strictly by appointment, contact Jeffries & Dibbens, Portsmouth for more details and to arrange your internal viewing. 

FLAT 1, SERENDIPITY LODGE  

PVC DOUBLE GLAZED FRONT DOOR  

ENTRANCE HALL Built in storage cupboard, opening to. 

LOUNGE/KITCHEN 20' 8" max x 13' 9" max (6.3m x 4.19m) PVC double glazed window to front aspect, wooden velux window to rear aspect, wall mounted electric heater, kitchen comprises range of wall and base units with roll top work surfaces, stainless steel sink with drainer unit, space for electric cooker, space for fridge, doors to. 

SHOWER ROOM Walk in shower cubicle with electric shower over, low level WC, pedestal mounted wash basin, electric heated towel rail, space and plumbing for washing machine. 

BEDROOM 9' 8" x 9' (2.95m x 2.74m) PVC double glazed window to side aspect, wall mounted electric heater. 

REAR COURTYARD Laid to paving, fully enclosed. 

FRONT COURTYARD Laid to paving, fully enclosed. 

FLAT 2, SERENDIPITY LODGE  

WOODEN GATE LEADING TO  

COURTYARD Laid to concrete, PVC double glazed door leading to. 

LOUNGE 15' x 14' 2" (4.57m x 4.32m) PVC double glazed bay window to front aspect, wall mounted electric heater, cupboard housing electric meter, door to bedroom two, opening to. 

KITCHEN 9' 5" x 6' 11" (2.87m x 2.11m) Range of wall and base units with roll top work surfaces, space for electric cooker, space and plumbing for washing machine, stainless steel sink with drainer unit, tiled splash backs. 

BATHROOM Walk in shower cubicle with electric shower over, close coupled WC, pedestal mounted wash basin, electric heated towel rail. 

BEDROOM ONE 14' x 9' (4.27m x 2.74m) PVC double glazed bay window to rear aspect, wall mounted heater. 

BEDROOM TWO 9' 3" x 7' 9" (2.82m x 2.36m) PVC double glazed window to side aspect, wall mounted heater. 

FLAT 3 SERENDIPITY LODGE  

WOODEN FRONT DOOR  

LOUNGE/KITCHEN 16' 2" max x 12' 2" (4.93m x 3.71m) PVC double glazed window to front aspect, PVC double glazed door to front aspect leading to balcony, wall mounted electric heater, kitchen comprises base units with roll top work surfaces, space for electric oven, space for fridge/freezer, doors to. 

BEDROOM ONE 10' 3" x 9' 1" (3.12m x 2.77m) PVC double glazed window to side aspect, wall mounted electric heater. 

BATHROOM Walk in shower with electric shower over, close coupled WC, pedestal mounted wash basin, space and plumbing for washing machine. 

BEDROOM TWO 13' x 7' 3" (3.96m x 2.21m) PVC double glazed window to side aspect, wall mounted electric heater. 

FLAT 4 SERENDIPITY LODGE  

WOODEN FRONT DOOR  

HALLWAY Door to. 

BEDROOM ONE 14' 3" into bay x 9' 5" (4.34m x 2.87m) PVC double glazed bay window to front aspect, wall mounted electric heater, built in wardrobe. 

SHOWER ROOM Walk in shower cubicle with electric shower over, pedestal mounted wash basin, close coupled WC, wall mounted electric heated towel rail, tiled to principal areas. 

LOUNGE/KITCHEN 23' 11 narrowing to 12'" x 17' 3" (7.29m x 5.26m) Two PVC double glazed windows to front aspect, PVC double glazed window to side aspect, PVC double glazed door to front aspect leading to balcony, two wall mounted electric heaters, kitchen comprises wall and base units with roll top work surfaces, stainless steel sink with drainer unit, space for electric cooker, space and plumbing for washing machine, space for fridge/freezer, door to. 

BEDROOM TWO 11' 6" x 8' 2" (3.51m x 2.49m) PVC double glazed window to side aspect, wall mounted electric heater. 

COUNCIL TAX BAND - A  

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Property 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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street
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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South Road, Fratton

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Affordability

Monthly repayments£2,944
Property: £ 585,000
Deposit: £ 58,500
Interest rate: 5.36%
Term: 30 years
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About Jeffries & Dibbens Estate and Lettings Agents, Portsmouth

112-114 London Road, Portsmouth, Hampshire, PO2 0LZ
Industry affiliations:

Welcome to Jeffries & Dibbens Estate and Letting Agents. We have ten sales and lettings offices covering South East Hampshire.

Our local branch network provides a traditional face to face service that is supported by our unique Customer Support Department (accessible 7 days a week, including evenings and weekends).

We have dominated the sale and rental of properties in your area since 1996. Our attention to detail and strong work ethic has enabled us to become the leading company that we are today.

In 2016 we celebrated our twentieth anniversary with the acquisition of two new offices (Stubbington and Gosport). In 2019 we further expanded by acquiring a lettings portfolio in Southampton, serviced by our new Lettings Management office in Fareham.

In 2021 we opened our new and prominent office, on West Street, in the heart of Fareham, enabling us to be even more accessible and visible to clients looking for a first-class moving experience in that area.

We boast an experienced and dedicated team of career professionals offering a sensitive approach to the moving process.

We recognise that moving home is one of the most important events in your life and we assure you of our best attention at all times.

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Disclaimer - Property reference 100560056020. 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 Jeffries & Dibbens Estate and Lettings Agents, Portsmouth. 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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