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157-159 Albert Road
Southsea
Hampshire
PO4 0JW
South Street, Havant
Asking Price £490,000
3 Bedroom Investment
- MIXED USE INVESTMENT OPPORTUNITY
- TWO SHOPS AND THREE FLATS
- GRADE 2 LISTED ELEMENT
- CURRENT INCOME CIRCA £32,000 P/A
- PRIME LOCATION
- NO CHAIN
***INVESTMENT PURCHASE*** ***FREEHOLD MIXED USE BLOCK*** ***TWO COMMERCIAL UNITS WITH THREE APARTMENTS***
Of interest to investors, this freehold block consists of two commercial units along with three flats above and to the rear. The residential units are fully let producing circa £25,680p/a. Currently the commercial unit (number 13) is occupied and produces £7,500p/a. The remaining commercial unit (number 13A) has recently become vacant.
Please note that Number 13 is Grade 2 listed, please see below.
List Entry Number:
1092113
Once a house, now 3 shops, Late C18, with late C19 alterations. Brick with a tile roof. 2 storeys, 3.1 windows. Red brickwork in Flemish bond, with blue headers to the south (slightly recessed) side, parapet with stone coping and brick dentil band, rubbed flat arches, stone cills. Sashes in reveals, 1 old, 2 Victorian, 1 window now filled with brickwork. The ground floor is completely filled with mid C20 shop fronts, having fascia's, plate glass windows and glazed doorways.
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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