Sussex Place, Southsea
£225,000

Under Offer
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  • Excellent Buy to Let Investment Opportunity
  • Three Bedroom First Floor Apartment
  • Highly Requested Central Southsea Location
  • Living Room with Southerly Facing Balcony
  • Kitchen with White Goods Included
  • Gas Central Heating & Double Glazing
  • Useful Store plus External Cycle Lock-Up
  • £15,300 Annual Income - 6.8% Yield

We have pleasure in marketing for sale this excellent BUY TO LET opportunity returning an annual yield of approximately 6.8%. Situated in the heart of one of Southsea's highly requested conservation areas, this THREE BEDROOM first floor apartment is rented out to Portsmouth University students under a new tenancy agreement with an income of £15,300 per annum until July 2024. The living room features a southerly facing balcony and the fully equipped kitchen includes the white goods as well as all the furniture. Immediately outside the front door there is a useful store plus an external lock-up store perfect for cycles. Viewing is strongly recommend.

First Floor - Communal Landing

Entrance Hall

Living Room
16' 6'' x 11' 5'' (5.03m x 3.48m)
Door to Balcony

Balcony
11' 4'' x 3' 11'' (3.45m x 1.19m)

Kitchen
12' 1'' x 7' 10'' (3.68m x 2.39m)

Bedroom 1
13' 5'' x 11' 7'' (4.09m x 3.53m)

Bedroom 2
12' 9'' x 9' 4'' (3.88m x 2.84m)

Bedroom 3
11' 6'' max x 7' 7'' (3.50m x 2.31m)

Bathroom
5' 9'' x 5' 1'' (1.75m x 1.55m)

Separate W.C
5' 10'' x 2' 9'' (1.78m x 0.84m)

Store 1
3' 6'' x 2' 0'' (1.07m x 0.61m)
Adjoining front door

External Store 2
6' 0'' x 3' 0'' (1.83m x 0.91m)

AGENTS NOTES
Tenure: Leasehold Term: 125 years from 1/10/1981 with 83 years remaining Ground Rent: Peppercorn Service Charge: £197 per month EPC Rating: 'C' Council Tax Band: 'B'


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Name Location Type Distance
Sussex Place
Southsea PO5 3EZ
County: Hampshire
Sale Type: Under Offer
Ref #: 00003656

T: 02392815221
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