Key Details

• TWO DOUBLE BEDROOMS
• FIRST FLOOR
• LARGE LIVING ROOM
• CURRENTLY LET AT £650PCM
• CENTRAL LOCATION
• £750 P.A GROUND RENT/SERVICE CHARGE PA
• CLOSE TO LOCAL BUS LINKS
• 6.1% YIELD
• INVESTMENT POTENTIAL
• VIEW NOW

Full Description

NO FORWARD CHAIN…TENANTS IN SITU..EXCELLENT LOCATION

Bernards Portsmouth are delighted to introduce to the sales market, this large two bedroom apartment and is being sold with tenants in situ making it ideal for buy-to-let investors, yet is an excellent size so could be ideal for first time buyers

Internally, the accommodation comprises of a large, lounge which measures over 18ft and is a bright and airy space, coming from large windows which is floods the room with natural light

The kitchen is also finished to a good standard and has space and plumbing for appliances. Both of the property’s bedroom are double in size. The refurbished bathroom is finished to a good standard and is the perfect space to relax and unwind.

The property is currently rented out for £650pcm so for any investors looking its provides a 6.1% yield based on the asking price

We strongly recommend booking an early viewing to avoid disappointment

RECEPTION ROOM

Carpet flooring, smooth walls, window to front elevation, radiator.

KITCHEN

Vinyl flooring, range of wall and base units, window.

BATHROOM

Vinyl flooring, three piece bathroom suite.

BEDROOM ONE

Carpet flooring, textured walls, radiator, window

BEDROOM TWO

Carpet flooring, textured walls, radiator, window

Leasehold Inforamtion

Management Company : Unknown
Lease Length : 68 Years Remaining
Ground Rent / Service Charge Combined : £750 PA
Please note Bernard’s Estate agents have not checked or verified the leases, the information provided is what we have been provided with from the sellers. Your solicitor will check all of the above during the conveyancing process.

Letting Information- PORTSMOUTH

If you are considering buying this property for buy to let purposes, we would expect to achieve £650.00 PCM. This would give you 6.1% gross return based on the current asking price. If you would like any further information about lettings, what services our in house teams can offer please call your local office on 02392 696811 or email portsmouth@bernardsestates.co.uk

Offer Check Procedure

If you are considering making an offer for this or any other property Bernard’s Estate Agents are marketing, please make contact with you local office so we can verify/check your financial/Mortgage situation.

Mortgage Adviser

We offer financial services here at Bernards. If you would like to review your current Agreement In Principle or are yet to source a lender, we have a number of experienced Financial Advisors who will be happy to help.

Offer Check Procedure

If you are considering making an offer for this or any other property Bernard’s Estate Agents are marketing, please make contact with you local office so we can verify/check your financial/Mortgage situation.

Solicitor/Conveyancing

Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution. The lure of supposedly cheaper on-line “conveyancing warehouse” style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid. A local, established and experienced conveyance will safeguard your interests and get the job done in a timely manner. Bernards can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.