Bernards Estate Agents

Tel: 02392 696811

Email: portsmouth@bernardsestates.co.uk

129 London Road
Portsmouth
Hampshire
PO2 9AA

Fratton Road, Portsmouth

Guide Price £800,000

8 Bedroom Block of Flats

  • INVESTMENT OPPORTUNITY
  • 5 APARTMENTS
  • FREEHOLD
  • 7 STORAGE SHEDS
  • SEPERATE OFFICE
  • VERY WELL MAINTAINED
  • COMBINED RENT AT £3575 PCM
  • CENTRAL LOCATION
  • NO FORWARD CHAIN
  • A MUST VIEW

Bernards Estate Agents are thrilled to welcome to the sales market, a wonderful investment opportunity, in the heart of Portsmouth.

This opportunity is to purchase the freehold which includes five apartments and the freehold interest of a further dwelling.

Alan Scotney Court is a modern Mews style development of apartments consisting of:

2x1 Bedroom Garden Flats
3x2 Bedroom Maisonette Flats

Each apartment is being sold with a tenant in situ, currently each on a periodic tenancy. The flats are let achieving a gross rental of £3575 PCM.

The gated entry to the mews allows access and provides security to each apartment. The mews also includes an office/study space, w.c and 7 sheds, which are let at an additional cost to the tenant.

Each apartment is finished to a contemporary standard, with open plan kitchen/lounges and all have been very well maintained.

We strongly recommend booking an internal viewing to fully appreciate the opportunity on offer.

FLAT ONE

119.79m sq (393 sq )Tenanted on a periodic tenancy @ £700 PCM
Council Tax Band B

FLAT TWO

119.79m sq (393 sq)Tenanted on a periodic tenancy @ £625 PCM
Council Tax Band B

FLAT FOUR

201.17m sq (660 sq)Tenanted on a periodic tenancy @ £775 PCM
Council Tax Band B

FLAT FIVE

201.17m sq (660 sq)Tenanted on a periodic tenancy @ £750 PCM
Council Tax Band B

FLAT SIX

227.99m sq (748 sq)Tenanted on a periodic tenancy @ £725 PCM
Council Tax Band B

7 X SHEDS & OFFICE

74.98m sq (246 sq)

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

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.

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.

Energy Efficiency and Environmental Impact

Energy efficiency chart Environmental impact chart

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

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