St Mary`s Road Fratton Portsmouth Hants
£250,000, 2 bedrooms, flat, for sale

Key features

  • BLOCK OF TWO FLATS
  • FREEHOLD
  • GREAT INVESTMENT
  • PROVEN RENTAL PROPERTY
  • NO FORWARD CHAIN
  • OFFERED WITH VACANT POSSESSION
  • TWO BEDROOMS PER FLAT
  • CONVENIENT LOCATION
  • IN NEED OF MODEST IMPROVEMENT

Property Description

** OF INTEREST TO INVESTORS ** ** TWO FLATS TO INCLUDE FREEHOLD TO THE BLOCK **
** GREAT INVESTMENT OPPORTUNITY ** ** OFFERED FOR SALE WITH NO FORWARD CHAIN **

Comprising two, two bedroom flats along with the Freehold to the building, this fantastic investment offers real potential for rental yield.

Now in need of some modest improvement, there is a long history of rental use with the most recent gross rents totalling £1,425pcm or £17,100 per annum giving an annual return of 6.8%. With some improvement we feel this could be significantly up-lifted and therefore consider this to be an investment with great appeal.

Offered with NO FORWARD CHAIN and VACANT POSSESSION, viewing is by appointment.

FRONT DOOR TO GROUND FLOOR FLAT

ENTRANCE HALL

KITCHEN

BEDROOM ONE

BEDROOM TWO

LOUNGE

BATHROOM

FRONT DOOR TO FIRST FLOOR FLAT

ENTRANCE HALL WITH STAIRS TO THE FIRST FLOOR

LOUNGE

BATHROOM

BEDROOM ONE

BEDROOM TWO

KITCHEN

FURTHER INFORMATION
COUNCIL TAX BAND: A
TENURE: Freehold

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