£675,000
Est. Mortgage £3,079 per month*

10 bedroom block of apartments for sale

St. James's Road, Southsea
flat flat
bedrooms 10 bedrooms

Property description

*FREEHOLD COMPRISING OF 5 X 2 BEDROOM PROPERTIES & ONE COMMERCIAL UNIT* FLOOR PLANS FOR EACH UNIT FOUND IN IMAGES* Kings Estates are pleased to bring the market this fantastic freehold building made up of a commercial unit and 5 separate two-bedroom properties. This opportunity is ideal for an investor looking to expand their portfolio. Properties A, B, C, D & E are all currently let to students being only an 8-minute walk (approximately to the student union)

Flats A & B share a communal front door whilst C, D E each have their own private entrances.

Barber unit - £650 per month. 60 Month lease beginning on the 1st December 2024.

A - £900pcm, 11 month contract, 1st Sep 2025 - 31st of July 2026
B- £1000pcm, currently advertised for let.
C- £1150pcm, 11 months, 1st Sep 2025 - 31st July 2026
D- £1150pcm, 12 months, 1st Aug 2025 - 31st July 2026
E- £1100pcm, 11 months, 1st Sep 2025 - 31st July 2026

All bills are paid by the tenants.

Asking price of £675,000 including the Commercial unit (Commercial unit is subject to VAT and is valued at £55,000+VAT).

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First listed

3 days ago

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St. James's Road, Southsea

Marketed by

Kings Estates - Southsea 67 Albert Road Southsea, Hampshire PO5 2SG
Call agent on 023 9424 9810
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