Bernards Estate Agents Ltd

Tel: 02392 864974

Fax: 023 9287 4999

Email: southsea@bernardsestates.co.uk

8 Clarendon Road
Southsea
Hampshire
PO5 2EE

Palmerston Road Southsea

£145,000 Guide Price

1 Bedroom Flat - Above Shop

  • ONE BEDROOM APARTMENT
  • CENTRAL SOUTHSEA
  • CURRENTLY LET @£695 PCM
  • THREE-PIECE BATHROOM
  • NO FORWARD CHAIN
  • 26FT KITCHEN/LIVING AREA
  • FIRST FLOOR
  • LEASEHOLD
  • GREAT BUY-TO-LET
  • A MUST VIEW

***ONE BEDROOM APARTMENT IN CENTRAL SOUTHSEA***

Bernards Southsea are delighted to welcome to the sales market, this one bedroom apartment, located on Palmerston Road, on the doorstep of local amenities including shops, restaurant and Southsea Common.

The property is being sold with no forward chain and with a tenant in situ, making an ideal buy-to-let investment.

Internally, the apartment is comprised of a 22ft lounge/diner which is open plan to the kitchen. Completing the property is the double bedroom with built in wardrobes and a three-piece bathroom.

If you are considering buying this property as a buy to let investment, we can advise that we achieve a monthly rental of £695 PCM. This would provide a 5.75% gross return based on the current asking price.

The Leaseholders benefit from full control over the management and insurance of the property through their Right to Manage (RTM) company.

If you would like any further information about our residential letting services or just require general lettings advice, please call us on 023 9286 4974 or email southsea@bernardsestates.co.uk

KITCHEN/LOUNGE/DINER

6.83m into bay x 5.21m (22'5" into bay x 17'1")

BEDROOM

3.61m x 3.40m (11'10" x 11'2")

BATHROOM

2.08m x 1.75m (6'10" x 5'9")

Anti-Money Laundering (AML)

Bernards Estate agents have a legal obligation to complete anti-money laundering checks. The AML check should be completed in branch. Please call the office to book an AML check if you would like to make an offer on this property. Please note the AML check includes taking a copy of the two forms of identification for each purchaser. A proof of address and proof of name document is required. Please note we cannot put forward an offer without the AML check being completed

Council Tax Band A

Offer Check Procedure -

If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position. Our Sellers expect us to report on a Buyer's proceedability whenever we submit an offer. Thank you.

Removal Quotes

As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company. Please ask a member of our sales team for further details and a quotation.

Solicitor

Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution. The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid. A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner. Bernards can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.

Leasehold Information

The lease runs for 125 years from 24/03/1987 leaving 91 years unexpired.
Ground Rent is £60pa payable in full annually on 25/03- The Ground Rent increases to £90pa on 24/03/2037.
Service Charge approx. ££598.00.pa

Please note that Bernard's Estate Agents have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.

Letting Information

If you are considering buying this property as a buy to let investment, we can advise that we achieve a monthly rental of £695 PCM. This would provide a 5.75% gross return based on the current asking price.

If you would like any further information about our residential letting services or just require general lettings advice, please call us on 023 9286 4974 or email southsea@bernardsestates.co.uk

Staff Disclosure

We hereby disclose the fact that the Seller either works for Bernard's Estate Agents or is related to a member of staff. Please feel free to clarify the position with your local office.

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Property data and search facilities supplied by www.vebra.com

Spacer.gif