DESCRIPTION INVESTMENT OPPORTUNITY. NO FORWARD CHAIN. An excellent and rare opportunity to purchase this freehold house which is currently divided into two flats, and offered for sale with tenants in situ. Both flats are currently tenanted and each achieve £995 per calendar month (including gas and electric) and both tenants are on a rolling periodic agreement. Communal entrance with Flat 1 and 2 having the benefit of their own front doors. Flat one is a two bedroom ground floor flat which comprises; hallway, modern fitted shower room, two bedrooms and an open plan 23' kitchen/living room with access onto the rear garden. Externally, Flat 1 has a sizeable southerly facing rear garden and parking located to the rear of the property with access via a service road. Flat 2 is a one bedroom first floor flat which comprises; staircase rising to the first floor landing, living room, modern fitted kitchen, double bedroom, bathroom and a paddle staircase leading to the loft. Externally, there is a laid to lawn front garden which has potential for further off road parking (subject to the necessary permissions being granted). Viewing is highly recommended by the sole agents.
COMMUNAL ENTRANCE With Flat 1 and Flat 2 benefitting from its own front door.
FLAT 1
HALLWAY
FRONT DOOR Two storage cupboards.
SHOWER ROOM Smooth ceiling with inset spotlighting. Extractor fan. Modern suite comprising large shower cubicle with aqua boarding splashback. Low level WC. Wash hand basin. Heated towel rail. Tile effect vinyl flooring.
BEDROOM ONE Double glazed bay window to the front aspect. Ceiling rose. Radiator.
KITCHEN/LIVING ROOM
LIVING AREA Smooth and coved ceiling. Radiator. Door to bedroom two. Opening to the kitchen.
KITCHEN Double glazed French doors leading to the rear garden. Smooth ceiling with inset spotlighting and skylight. Matching wall and base units with contrasting work tops. Inset stainless steel sink and drainer. Four ring electric hob. Integral oven and grill. Space for fridge/freezer and washing machine. Wood effect flooring.
BEDROOM TWO Double glazed door leading to the rear garden. Double glazed window to the rear aspect. Smooth ceiling. Radiator.
OUTSIDE Flat 1 has the benefit of a southerly aspect rear garden which is predominantly laid to lawn. There is an initial patio area with the remainder of the garden being laid to lawn with hedging and mature trees.
Flat 1 has the benefit of PARKING with rear access to the property which is accessible via a service road. Two timber garden sheds.
FLAT 2
COMMUNAL ENTRANCE WITH OWN FRONT DOOR
GROUND FLOOR ENTRANCE Staircase rising to the first floor landing.
FIRST FLOOR LANDING Paddle staircase leading to the loft. Doors to:
LIVING ROOM Double glazed window to the front aspect. Picture rail. Radiator. Opening to:
KITCHEN Double glazed window to the front aspect. Matching wall and base units with contrasting work tops. Inset stainless steel sink and drainer. Four ring electric hob with extractor above. Fitted oven/grill. Space for fridge/freezer and washing machine. Vinyl flooring.
BEDROOM Double glazed window to the rear aspect. Smooth and coved ceiling. Radiator.
BATHROOM Double glazed window to the rear aspect. Suite comprising bath with shower over and rail. Wash hand basin. Low level WC. Radiator. Part tiled walls. Vinyl flooring.
LOFT Skylight to the front aspect and two skylights to the rear aspect. Smooth ceiling. Radiator.
AGENT'S NOTE Please be aware there is a combination boiler in Flat 1 that serves both flats.
COUNCIL TAX
FLAT 1 Fareham Borough Council. Tax Band A. Payable 2025/2026. £1,443.03.
FLAT 2 Fareham Borough Council. Tax Band A. Payable 2025/2026. £1,443.03.
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.
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