Pelham Road, Southsea
£425,000

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  • Rare Investment Opportunity in Excellent Location
  • Freehold Interest with TWO Separate Apartments
  • One Bedroom Ground Floor Garden Flat
  • Spacious Two Bedroom Split-Level Top Flat
  • Offered with 125 Year Lease Extension on Completion
  • Excellent 'Home & Income' Opportunity
  • Gas Fired Central Heating
  • No Forward Chain

**HOME & INCOME OPPORTUNITY** Incorporating TWO Leasehold apartments. Fry & Kent has pleasure in marketing for sale this lovely VICTORIAN residence situated in a highly desirable location within the Castle Road CONSERVATION Area of Southsea only a short walk from Palmerston Road shopping precinct and the seafront. Other nearby facilities include main line railway station (to London Waterloo) and Gunwharf Quays leisure and shopping complex. The property is currently divided into two SEPARATE APARTMENTS which offers an excellent opportunity to purchase either a freehold 'HOME & INCOME' or investment prospect. The ground floor apartment features, living room, dining room, fitted kitchen, double bedroom and bathroom together with a useful basement area for storage. There is also an enclosed city garden with outside store. The top floor split-level apartment occupies the two upper floors comprising; Large living room, fitted kitchen/breakfast room, two double bedrooms and a large bathroom with separate shower cubicle. Both properties have gas fired central heating. Both apartments will be sold with 125 year extended leases on completion. Your early viewing is strongly recommended.

Ground Floor Apartment

Communal Entrance Porch

Communal Entrance Hall
With doors to Ground and Top Floor Apartments

Entrance Hall

Living Room
16' 3'' x 13' 3'' (4.95m x 4.04m)

Dining Room
11' 11'' x 11' 2'' (3.63m x 3.40m)

Kitchen
11' 1'' x 8' 11'' (3.38m x 2.72m)

Bedroom
13' 7'' x 10' 2'' (4.14m x 3.10m)
Double doors to Walk-In Wardrobe 6'0 x 5'0.

Outside

Enclosed Walled Garden
With outside store

Top Floor Apartment

First Floor Landing
stairs to upper floor

Living Room
17' 2'' x 16' 1'' into bay (5.23m x 4.90m)

Kitchen/Breakfast Room
12' 0'' x 11' 2'' (3.65m x 3.40m)

Bedroom 1
13' 5'' x 10' 3'' (4.09m x 3.12m)

Bedroom 2
11' 2'' x 8' 11'' (3.40m x 2.72m)

Bathroom
11' 11'' x 7' 7'' (3.63m x 2.31m)
With Bath, separate shower cubicle, close coupled w.c, wash basin.

AGENTS NOTE
TENURE: Our client owns the Freehold to the building incorporating two separate leasehold apartments. Ground Floor Apartment: Tenure: Leasehold Term: 99 years commencing 1/2/1987 with 125 year extension available upon completion Ground Rent: £75 pa Service Charge: None - 50% share of repair costs if required EPC Rating: 'D' Council Tax Band: 'A' Top Floor Flat: Tenure: Leasehold Term: 99 years commencing 1/2/1987 with 125 year extension available on completion Ground Rent: £75 pa Service Charge: None - 50% share of repair costs if required EPC Rating: 'D' Council Tax Band: 'A'


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Name Location Type Distance
Pelham Road
Southsea PO5 3DT
County: Hampshire
Sale Type: For Sale
Ref #: 00003036

T: 02392815221

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