Standout Features
- Cash Buyer Only
- Two Bedrooms
- Central Location
- Well Appointed Bathroom
- 20ft Open Plan Living/Kitchen Area
- Offered With No Forward Chain
- Currently Tenanted at £1000pcm (10.43% gross yield)
Property Description
PROPERTY DESCRIPTION We are pleased to present this spacious, modern and well maintained two bedroom apartment situated in central Portsmouth, close to the railway station and Commercial Road offering an excellent opportunity for a first time buyer or buy to let investor. No forward chain. *Cash Buyers Only!*
Briefly comprising: secure communal entrance, spacious and welcoming entrance hall with large storage cupboard and access to all tooms, 20ft open plan living/kitchen area with modern fitted units and breakfast bar, two good sized bedrooms and well appointed bathroom with shower over bath. The property is tastefully decorated throughout.
Due to the central location of the property it lends itself as an excellent buy to let investment(Currently let until June '25 with 10.43% gross yield) or first time buyer, close to the train station and Commercial Road.
No forward chain.
ENTRANCE HALL 9' 3" x 3' 4" (2.83m x 1.04m)
KITCHEN/LIVING ROOM 20' 9" x 9' 9" (6.35m x 2.99m)
BEDROOM ONE 16' 10" x 8' 4" (5.14m x 2.55m)
BEDROOM TWO 11' 1" x 7' 1" (3.40m x 2.17m)
BATHROOM 6' 0" x 5' 6" (1.83m x 1.69m)
LEASEHOLD INFORMATION Length of Lease - 115 Years remaining approx.
Service Charge - £2200 pa
Ground Rent - £536pa
Please note that Martin & Co have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.
HMRC COMPLIANCE All sellers and buyers will be required to complete online identity checks provided by MoveButler. The cost of these checks is £60 inc. VAT per person which is paid in advance, directly to MoveButler. This charge verifies your identity in line with our obligations as agreed with HMRC.
Briefly comprising: secure communal entrance, spacious and welcoming entrance hall with large storage cupboard and access to all tooms, 20ft open plan living/kitchen area with modern fitted units and breakfast bar, two good sized bedrooms and well appointed bathroom with shower over bath. The property is tastefully decorated throughout.
Due to the central location of the property it lends itself as an excellent buy to let investment(Currently let until June '25 with 10.43% gross yield) or first time buyer, close to the train station and Commercial Road.
No forward chain.
ENTRANCE HALL 9' 3" x 3' 4" (2.83m x 1.04m)
KITCHEN/LIVING ROOM 20' 9" x 9' 9" (6.35m x 2.99m)
BEDROOM ONE 16' 10" x 8' 4" (5.14m x 2.55m)
BEDROOM TWO 11' 1" x 7' 1" (3.40m x 2.17m)
BATHROOM 6' 0" x 5' 6" (1.83m x 1.69m)
LEASEHOLD INFORMATION Length of Lease - 115 Years remaining approx.
Service Charge - £2200 pa
Ground Rent - £536pa
Please note that Martin & Co have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.
HMRC COMPLIANCE All sellers and buyers will be required to complete online identity checks provided by MoveButler. The cost of these checks is £60 inc. VAT per person which is paid in advance, directly to MoveButler. This charge verifies your identity in line with our obligations as agreed with HMRC.
Additional Information
Tenure:
Leasehold
Ground Rent:
£257 per year
Service Charge:
£1,400 per year
Council Tax Band:
A
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Arundel House, Portsmouth
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