2 bedroom flat for sale

Hyde Park Road, Southsea

£135,000

Property Description

Key features

  • Investment Opportunity
  • Current Yield of 6%
  • Two Double Bedrooms
  • Spacious Lounge/Diner with Balcony
  • Separate Storage Shed
  • 109 Years Remaining on the Lease
  • No Forward Chain

Full description

INVESTMENT OPPORTUNITY - Cosgroves are delighted to offer to the market this fantastic investment opportunity to purchase a property which has tenants already in situ and is offering a current yield of just over 6%. The accommodation boasts two double bedrooms, large lounge diner with balcony off, kitchen and bathroom and further benefits from its own storage shed, and use of the communal gardens. The flats close proximity to the University, and walking distance to both Commercial Road and all the amenities that Southsea offers, ensures that this property always proves popular with prospective tenants. There is no forward chain.

Enter the building via secured system and take the stairs to the second floor where the door to the apartment can be found.

Enter via half glazed wooden door into:

Hallway - Skimmed ceiling with smoke detector and pendant light fitting. Smooth plastered walls with mounted heating thermostat control and security phone. Large storage cupboard and further wall mounted cupboard housing fuse box. Small window to front aspect. Laminate to the floor. Doors to all rooms.

Lounge/Diner - 5.33m x 3.63m (17'6 x 11'11) - Textured ceiling with pendant light fitting. Smooth plastered walls with picture rail. UPVC double glazed window to rear aspect. Radiator. Laminate to the floor. UPVC half glazed door leading to South East facing balcony.

Kitchen - 2.64m x 3.07m (8'8 x 10'1) - Textured and coved ceiling with pendant light fitting. Smooth plastered walls with extractor fan and mounted ‘Heat line’ gas central heating boiler. Range of wall and base units with roll top work surfaces. Stainless steel single sink and drainer with tiled splashback surrounds. Space for gas cooker, space for fridge freezer and under counter fridge. Plumbing for washing machine. Large UPVC double glazed window to front aspect. Vinyl to the floor.

Bedroom 1 - 4.09m x 3.02m (13'5 x 9'11) - Skimmed and coved ceiling with light fitting. Smooth plastered walls. UPVC double glazed window to rear aspect. Radiator. Laminate to the floor.

Bedroom 2 - 4.09m x 2.49m (13'5 x 8'2) - Skimmed ceiling with pendant light fitting. Smooth plastered walls. Large built in double wardrobe with cupboard over. UPVC double glazed window to rear aspect. Wooden flooring. Radiator.

Bathroom - 1.42m x 2.39m (4'8 x 7'10) - Skimmed ceiling with light fitting. Fully tiled walls to main areas. White suite comprising of low-level WC and washbasin inset in vanity unit. Panelled bath with chrome telephone mixer taps and shower attachment over. UPVC double glazed frosted window to side aspect. Radiator. Ceramic tiles to the floor.

Outside - Leading from the Lounge/Diner there is a South East facing balcony.
Just outside the flat door, is a storage cupboard exclusively for this apartment.
In the communal Hallway there is a storage cupboard exclusively for this apartment.
To the rear of the property there is a communal garden with grass and patio area, and communal washing line.







Additional Information - Tenure - Leasehold
Length of Lease - 125 years from 22 April 2002 - 109 years remaining
Service Charge - £2215.32 pa inclusive of ground rent of £119.52
Council Tax Band - A
Rent currently being achieved - £750 pcm

The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.


More information from this agent

Listing History

Added on Rightmove:
12 March 2019

Nearest stations

  • Portsmouth & Southsea (0.2 mi)
  • Fratton (0.6 mi)
  • Portsmouth Harbour (0.8 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:

Cosgroves, Southsea

49-51 Osborne Road, Southsea, PO5 3LS

02382 200480 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

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HydeParkHouse,HydeParkRoad,SouthseaPO54HP155239378
HydeParkHouse,HydeParkRoad,SouthseaPO54HP155239378

To view this property or request more details, contact:

Cosgroves, Southsea

49-51 Osborne Road, Southsea, PO5 3LS

02382 200480 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

  • Portsmouth & Southsea (0.2 mi)
  • Fratton (0.6 mi)
  • Portsmouth Harbour (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Cosgroves, Southsea

49-51 Osborne Road, Southsea, PO5 3LS

02382 200480 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 28616854. 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 Cosgroves, 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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