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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

Exceptional value for money and an ideal opportunity for first time buyers and investors in particular (projected rental return: £1,000 p.c.m.), this well-situated, purpose-built TWO BEDROOM GROUND FLOOR APARTMENT benefits from its own private entrance, bright southerly aspect, double-glazing and electric heating. An attractive modern development of just three units, 'Pains Lodge' is positioned on the north side of Pains Road, close to its junction with Somers Road, some half a mile only  from Southsea Town Centre (Palmerston Road Shopping Precinct) and Portsmouth University's main campus, convenient to a comprehensive range of public amenities, including: local shops, main-line stations, bus services, various schools, Gunwharf Quays leisure and retail complex, and the many attractions of historic Old Portsmouth. Previously let, Flat 1 is available now with the further asset of NO ONWARD CHAIN. Whilst it would, arguably, reward an element of modest up-dating, the apartment is presented to a fair standard overall and is offered at a very keen asking price by a motivated seller. Full particulars are given as follows and early enquiry is urged:

UPVC private front door leading to:

LOBBY

Multi-pane obscure-glass inner door to:

LIVING ROOM - 4.75m x 3.25m (15'7" x 10'8")

Textured plaster ceiling with access to LOFT SPACE. UPVC double-glazed window to front (south) elevation. Night storage radiator. Multi-pane obscure-glass door to Inner Hall. Door to:

KITCHEN - 2.44m x 2.34m (8'0" x 7'8")

Fitted and equipped with: base and wall cupboards, work surfaces with tiled surround, ceramic inset sink with mixer tap, electric oven, and 4-ring ceramic hob with extractor canopy. Space for refrigerator and freezer. Deep recess with circuit breakers and plumbing for washing machine. Textured plaster ceiling with skylight.

INNER HALL

Textured plaster ceiling. Useful built-in storage cupboard.

BATHROOM & W.C. - 4.24m x 1.73m (13'11" x 5'8")

An 'L'-shaped room, measured to extremes. White suite comprising: low flush w.c., pedestal handbasin, and panelled bath with  'Triton' independent shower mixer. Towel rail. Extractor. Fan heater. Textured plaster ceiling.

BEDROOM ONE - 3.76m x 2.97m (12'4" x 9'9")

Textured plaster ceiling. UPVC double-glazed window to front (south) elevation. Night storage radiator.

BEDROOM TWO - 2.67m x 2.64m (8'9" x 8'8")

Textured plaster ceiling. UPVC double-glazed window to front (south) elevation. Night storage radiator.

OUTSIDE

FRONT:  Walled forecourt.

GENERAL INFORMATION

Tenure: 125 years leasehold from 26.10.2004 (103 years remaining).
Service Charge: £800 p.a.
Ground Rent: £1 p.a.
NOTE: The flat owner, also the Freeholder, intends transferring the Freehold Title of the building to the three leaseholders once the sale of Flat 1 completes.

COUNCIL TAX

Band 'B' - £1,782.44 per annum (2026/27).

EPC

Energy Rating 'D' (Floor Area 62 sq m approx).

VIEWING

By appointment with SOLE AGENTS,
D. M. NESBIT & CO.
(18158/064438)

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£648
Property: £ 129,500
Deposit: £ 12,950
Interest rate: 5.3%
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 S1908962. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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