Block of Apartments for sale

London Road

Guide Price £1,100,000

Property Description

Key features

  • FANTASTIC INVESTMENT OPPORTUNITY
  • FREEHOLD BLOCK
  • MIX OF RESIDENTIAL AND COMMERCIAL USAGE
  • GROSS ANNUAL INCOME OF £66,600
  • NEWLY REFURBISHED
  • 2 x 2 BEDROOM APARTMENTS, 2 x 1 BEDROOM APARTMENTS
  • PARKING AVAILABLE
  • FURTHER DEVELOPMENT POTENTIAL

Full description

Tenure: Freehold

NEXA properties are delighted to welcome to the market this fantastic investment opportunity to purchase this Freehold investment block with tenants in situ. The block currently contains downstairs 1 commercial unit, with separate entrance to the rear of 6 separate flats all of which are fully occupied. The flats to the rear comprises of 4 x 1 bedroom apartments and 2 x 2 bedroom apartments and these were fully refurbished in 2018. All of the flats have availability to park, which is always popular with tenants in this location. The commercial unit on the ground floor is currently let but would also have development opportunity to apply for further residential use. Yielding £66,600 rental income per annum, this property is one not to be missed. Contact Nexa on 023 9229 5046 to arrange your viewing.


More information from this agent

Listing History

Added on Rightmove:
13 September 2018

Nearest stations

  • Hilsea (1.1 mi)
  • Portsmouth & Southsea (1.5 mi)
  • Fratton (1.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

NEXA PROPERTIES, Southsea

15 Hampshire Terrace, Southsea, PO1 2QF

02382 200028 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

NEXA PROPERTIES, Southsea

15 Hampshire Terrace, Southsea, PO1 2QF

02382 200028 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hilsea (1.1 mi)
  • Portsmouth & Southsea (1.5 mi)
  • Fratton (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

NEXA PROPERTIES, Southsea

15 Hampshire Terrace, Southsea, PO1 2QF

02382 200028 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 103284000101. 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 NEXA PROPERTIES, 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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