Wish Place, Southsea
£400,000, 3 bedrooms, block of flats

SSTC

Key features

  • INVESTMENT PURCHASE
  • THREE SELF CONTAINED FLATS
  • TO INCLUDE THE FREEHOLD
  • TENANTS IN SITU
  • RENTAL INCOME FROM DAY ONE
  • CURRENT ANNUAL RENT CIRCA £21,600
  • JUST OFF ALBERT ROAD
  • GREAT RENTAL ASSET

Property Description

**INVESTMENT OPPORTUNITY** **THREE SELF-CONTAINED FLATS TO INCLUDE THE FREEHOLD OF THE BUILDING** ** JUST OFF ALBERT ROAD** **INCOME FROM DAY ONE** ** ALL UNITS CURRENTLY TENANTED**

Offered for sale with tenants in situ and returning a current annual rental income of £21,600, this block presents a significant opportunity for further rental growth whilst providing an easily manageable asset requiring little to no improvement.

Located straight off of Albert Road with it's array of shops, restaurants and take-aways, these flats are a renter's dream.

Early interest is essential.

FLAT ONE - ENTRANCE LOBBY
Entered via its own front door directly from Wish Place.

LOUNGE/KITCHEN 4.98m x 4.19m (16'4" x 13'9")

LOBBY
Storage cupboard and door to the bathroom.

BATHROOM 2.16m x 1.70m (7'1" x 5'7")

BEDROOM 3.25m x 3.12m (10'8" x 10'3")

COMMUNAL ENTRANCE FOR FLATS TWO AND THREE
Door from the street with a staircase leading to a landing with access to flats two and three.

FLAT TWO - LOUNGE 3.91m x 3.18m (12'10" x 10'5")

KITCHEN 3.56m x 1.91m (11'8" x 6'3")

BATHROOM 3.00m x 1.32m (9'10" x 4'4")

BEDROOM 3.58m x 2.92m (11'9" x 9'7")

FLAT THREE - LOUNGE/KITCHEN 8.23m x 3.38m-" (27' x 11'1-")

BEDROOM 5.49m x 2.49m (18" x 8'2")

BATHROOM

FURTHER INFORMATION
TENURE: Freehold

COUNCIL TAX BAND: B

"We wanted to thank you for all your help (and continued help) with us purchasing Festing Road. Jo and Gem"
To Mazin and Team