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157-159 Albert Road
Southsea
Hampshire
PO4 0JW
Marmion Road, Southsea
Asking Price £380,000
5 Bedroom Block of Flats
- FREEHOLD BLOCK ON SOUGHT AFTER ROAD
- CURRENTLY LET
- 5 BED HMO
- SEPARATE SHOP
- OF INTEREST TO INVESTORS
- GROSS RETUN (ON CURRENT RENT) OF CIRCA 11.7%
- CENTRAL SOUTHSEA LOCATION
- TENANTS IN SITU
- A UNIQUE OPPORTUNITY
*** FREEHOLD INVESTMENT OPPORTUNITY *** *** SHOP AND MAISONETTE *** *** CURRENTLY LET ***
*** 5 BED HMO *** *** SEPARATE SHOP *** *** GROSS RETURN ON INVESTMENT OF 11.7% ON CURRENT RENTS ***
A unique opportunity to acquire a freehold block in the sought after Marmion Road. Comprising of a lock-up shop to the ground floor (currently tenanted) and a 5 bed maisonette to the rear and above.
The maisonette has been used for many years as an HMO and is currently let to professional tenants on a room by room basis.
All in all this is a rare opportunity so we would encourage early interest.
GROUND FLOOR
Entrance to maisonette via door to the right of the shop front. Door to shop to the left.
Hallway to kitchen/lounge, door to ground floor bedroom and stairs to the upper floors.
KITCHEN/LOUNGE
W/C
BEDROOM ONE
FIRST FLOOR
BEDROOM TWO
BATHROOM
BEDROOM THREE
BEDROOM FOUR
SECOND FLOOR
BEDROOM FIVE
REAR COURTYARD GARDEN
SHOP
Accessed from Marmion Road. Area of retail space to the front with shop counter and partition providing access to a kitchenette.
Energy Efficiency and Environmental Impact
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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