3 bed maisonette for sale

Lumsden Road, Southsea PO4

Investment Opportunity | Tenant in Situ | No Forward Chain

Offered exclusively to investors, this spacious three-bedroom maisonette on Lumsden Road presents an excellent buy-to-let opportunity with a long-term tenant already in residence and wishing to remain. Generating a current rental income of approximately £12,000 per annum, the property provides immediate income from day one without the uncertainty of a void period.

The accommodation comprises a generous lounge, fitted kitchen, three bedrooms and a family bathroom, all presented in good overall condition. Positioned close to local amenities, transport links and Southsea's seafront attractions, the property remains a consistently appealing rental proposition.

A significant advantage is that the sale is offered with no forward chain, allowing for a straightforward purchase process. Furthermore, the seller is prepared to contribute towards, or potentially cover, the buyer's Stamp Duty Land Tax, subject to the agreed purchase price and terms.

This is a rare opportunity to acquire an established investment with proven occupancy, immediate income and a tenant keen to remain in place.

Investor buyers only. Tenant in situ. Sold very well priced as a result.

Stamp Duty Incentive

Subject to a suitable offer, the vendor is prepared to pay the second property stamp duty tax as an incentive to the buyer.