Guide price
£500,000
4 bed flat for salePark Road, Freemantle, Southampton, Hampshire SO15
4 beds
4 baths
4 receptions
EPC Rating: C
About this property
** freehold investment opportunity ** four-one bedroom flats ** great rental yields ** chain free **
A fantastic investment opportunity to acquire a block of four spacious one-bedroom flats, offered for sale with the freehold included. This well-maintained building consists of two ground-floor apartments and two first-floor apartments, all of which are well-presented throughout and currently let, providing an immediate and attractive rental yield for investors of £43,680 pa.
Each flat offers generously proportioned accommodation with living rooms, kitchens, double bedrooms and bathrooms. The block as a whole has been managed to a good standard, making it an ideal turnkey investment with income from day one.
The property is being sold via a modern method of sale through our partners iam sold, offering a secure and straightforward buying process.
The buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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