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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Top floor apartment
  • No forward chain
  • Ideal investment
  • Freshly decorated
  • One double bedrooms
  • Central location
  • Close to ammenities
  • 142 years remaining on lease
  • Open plan kitchen/lounge
  • A must view

Listing view statistics

Last 30 days: 381 page views

Since listed: 381 page views

Description

Calling all buy-to-let investors & first time buyers...no forward chain

Bernards Southsea are delighted to welcome to the sales market, this wonderful investment opportunity in the heart of Southsea, in walking distance of many local amenities

Accessed via a spacious front forecourt, the property has been freshly decorated and comprises of a 17ft kitchen/lounge area, with large windows which flood the room with natural light. Moving through, you have double bedroom and separate three-piece bathroom.

If you are considering buying this property as a buy to let investment, we can advise we would expect to achieve in the region of £650 pcm. This would provide a 6.29% gross return based on the current asking price. If you would like any further information about our residential letting services or just require general lettings advice, please call us on or email

Exterior

Top floor flat, accessed through front courtyard, via communal front door and staircase.

Kitchen/Lounge (4.52m x 5.18m (14'10" x 17))

Carpet flooring, smooth walls and ceilings, radiator, power points, sash and velux window to the front elevation, laminate flooring the the kitchen area, which is fitted with a matching range of base and wall units, with space and plumbing for appliances

Bedroom (2.84m x 4.27m (9'4" x 14'))

Carpet flooring, smooth walls and ceilings, radiator, power points, sash window to the rear elevation

Bathroom (2.49m x 1.52m (8'2" x 5'))

Vinyl flooring, smooth tiled walls, panel bath with shower over, wash basin, toilet and radiator, sash window to the rear elevation

Anti-Money Laundering (Aml)

Bernards Estate Agents have a legal obligation to complete anti-money laundering checks. The aml check should be completed in branch. Please call the office to book an aml check if you would like to make an offer on this property. Please note the aml check includes taking a copy of the two forms of identification for each purchaser. A proof of address and proof of name document is required. Please note we cannot put forward an offer without the aml check being completed

Council Tax Band B

Leasehold Information

The lease is for 173 years from 1 Aug 1987 (142 years remaining).
Ground rent is £100 per annum, payable in two equal instalments.
The service charge, excluding insurance, is currently £610 per year

Please note that Bernard's Estate Agents 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.

Removal Quotes

As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company. Please ask a member of our sales team for further details and a quotation.

Solicitor

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 conveyancer 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.

Letting Information

If you are considering buying this property as a buy to let investment, we can advise we would expect to achieve in the region of £650 pcm. This would provide a 6.29% gross return based on the current asking price. If you would like any further information about our residential letting services or just require general lettings advice, please call us on or email

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Fratton 0.5 miles
  • Portsmouth & Southsea 0.6 miles
  • Cottage Grove Primary School 0.2 miles
  • Ark Ayrton Primary Academy 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Fratton 0.5 miles
  • Portsmouth & Southsea 0.6 miles
  • Cottage Grove Primary School 0.2 miles
  • Ark Ayrton Primary Academy 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in PO5:

  • £181,972
  • Price increase

  • £19,330
  • (11.885%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £178,160
  • Properties sold

    132

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in PO5 is currently:

£633 pcm

Recent sales nearby

See all recent sales in PO5
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
11th May 2020 £123,995 First listed
12th Nov 2018 £138,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Bernards Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bernards Estate Agents for full details and further information.