5 bedroom house for sale
Edmund Road, Southsea
house
bedrooms
Property photos
+14
Property description
A FANTASTIC BUY TO LET INVESTMENT COMPRISING OF FIVE RENTABLE ROOMS CURRENTLY LET AT CIRCA £2,800 PER CALENDAR MONTH!
Let on individual AST's to professional sharers, this bay and forecourt property provides a current yearly gross return in excess of £33,000 (at full occupancy levels). The current owner includes all bills within the monthly rental cost and taking the current expenditure into account, the property returns in excess of 7% NET at asking price (at full occupancy levels).
This really is a great investment opportunity and one not to be missed!
Room One - Currently let at £550pcm.
Room Two - Currently let at £550pcm.
Room Three - Currently let at £650pcm.
Room Four - Currently let at £550pcm.
Room Five - Currently let at £500pcm.
Further Information - COUNCIL TAX BAND: C
TENURE: FREEHOLD
INDIVIDUAL ROOM RENTS INCLUDE ALL BILLS. The current owner includes the cost of a tv licence, wifi, all utilities and Council Tax. Current monthly expenditure is circa £614.12 however may fluctuate with changing costs.
We advise you to check these details prior to purchase.
Let on individual AST's to professional sharers, this bay and forecourt property provides a current yearly gross return in excess of £33,000 (at full occupancy levels). The current owner includes all bills within the monthly rental cost and taking the current expenditure into account, the property returns in excess of 7% NET at asking price (at full occupancy levels).
This really is a great investment opportunity and one not to be missed!
Room One - Currently let at £550pcm.
Room Two - Currently let at £550pcm.
Room Three - Currently let at £650pcm.
Room Four - Currently let at £550pcm.
Room Five - Currently let at £500pcm.
Further Information - COUNCIL TAX BAND: C
TENURE: FREEHOLD
INDIVIDUAL ROOM RENTS INCLUDE ALL BILLS. The current owner includes the cost of a tv licence, wifi, all utilities and Council Tax. Current monthly expenditure is circa £614.12 however may fluctuate with changing costs.
We advise you to check these details prior to purchase.
Council tax
First listed
Over a month agoEnergy Performance Certificate
Edmund Road, Southsea
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Edmund Road, Southsea - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Tully & Co - Southsea. Placebuzz 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 Tully & Co - Southsea for full details and further information.
