Marmion Road, Southsea
5 bedrooms
£380,000
Southsea
02392 732241
Key features
Full description
*** FREEHOLD INVESTMENT OPPORTUNITY *** *** SHOP AND MAISONETTE *** *** CURRENTLY LET ***
*** 5 BED HMO *** *** SEPARATE SHOP *** *** GROSS RETURN ON INVESTMENT OF 11.7% WITH FULL OCCUPANCY ***
A unique opportunity to acquire a freehold block in the sought after Marmion Road. Comprising of a lock-up shop to the ground floor (currently tenanted) and a 5 bed maisonette to the rear and above.
The maisonette has been used for many years as an HMO and is currently let to professional tenants on a room by room basis.
All in all this is a rare opportunity so we would encourage early interest.
Please note the return on investment figures are based on full occupancy and may vary. Please contact us for up to date information.
GROUND FLOOR
Entrance to maisonette via door to the right of the shop front. Door to shop to the left.
Hallway to kitchen/lounge, door to ground floor bedroom and stairs to the upper floors.
KITCHEN/LOUNGE
W/C
BEDROOM ONE
FIRST FLOOR
BEDROOM TWO
BATHROOM
BEDROOM THREE
BEDROOM FOUR
SECOND FLOOR
BEDROOM FIVE
REAR COURTYARD GARDEN
SHOP
Accessed from Marmion Road. Area of retail space to the front with shop counter and partition providing access to a kitchenette.