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5 bedroom terraced house for sale

Sheffield Road, Portsmouth

Guide Price £240,000

Property Description

Key features

  • FIVE DOUBLE BEDROOMS
  • TENANTS IN SITU
  • FANTASTIC INVESTMENT OPPORTUNITY
  • CENTRAL LOCATION
  • 18,900 PA INCOME
  • C4 REGISTERED
  • KITCHEN/LOUNGE
  • GROSS YIELD OF 7.5%
  • SOUTH FACING GARDEN
  • A MUST VIEW

Full description

*** C4/C3 MIXED USE INVESTMENT OPPORTUNITY - £18,900 PA - 7.5% YIELD - FIVE BEDROOMS ***

Bernards are pleased to bring to market this five bedroom mid terrace property in the central location of Sheffield Road, Portsmouth.

The property consists of five double bedrooms in total accompanying a living area at the rear on the ground floor. This consists of a large kitchen area, sitting room, downstairs w/c and access to the south facing garden.

The current income on the property is £1575 PCM which totals £18,900 PA. This calculates as a 7.5% Yield based on the current asking price.

To arrange your viewing on the property please call Bernards today on 02392696811.

Bedroom 1 - 3.43m x 3.94m (11'3" x 12'11") - Wooden flooring, picture rail, textured ceiling, smooth walls, radiators, power-points, UPVC double glazed bay window to front elevation

Bedroom 2 - 4.14m x 3.23m (13'7" x 10'7") - Wooden flooring, picture rail, textured ceiling, smooth walls, radiators, power-points, storage above door recess UPVC double glazed window to rear elevation

Lounge - 2.97m x 3.23m (9'9" x 10'7") - Wooden flooring, picture rail, textured ceiling, smooth walls, radiators, power-points, opening to kitchen

Kitchen - 3.10m x 2.87m (10'2" x 9'5") - Vinyl flooring, unit space, stainless steel sink, oven/hob, UPVC double window glazed rear elevation, access to utility room

Bedroom 3 - 3.23m x 2.97m (10'7" x 9'9") - Wooden flooring, picture rail, textured ceiling, smooth walls, radiators, power-points, built in storage, UPVC double glazed window to rear elevation

Bedroom 4 - 2.74m x 4.17m (9'0" x 13'8") - Wooden flooring, picture rail, textured ceiling, smooth walls, radiators, power-points, UPVC double glazed window to rear elevation

Bedroom 5 - 3.94m x 3.43m (12'11" x 11'3") - Wooden flooring, picture rail, textured ceiling, smooth walls, radiators, power-points, UPVC double glazed window to front elevation

Bathroom - 1.75m x 2.46m (5'9" x 8'1") - Vinyl flooring, wooden dado rail, panel bath with shower, radiator, extractor fan, UPVC double glazed window to front elevation

Removal Quote - As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company. Please ask a member of our sales team for further details and a quotation.

Council Tax - The local authority is Portsmouth city Council. BAND : C

Letting Information- Portsmouth - If you are considering buying this property for buy to let purposes, we would expect to achieve £ 1700 PCM. This would give you 8.16 % gross return based on the current asking price. If you would like any further information about lettings, what services our in house teams can offer please call your local office on 02392 696811 or email portsmouth@bernardsestates.co.uk

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 conveyance 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.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
29 June 2017

Map & Street View

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