Cottage Grove, Southsea
Asking Price £525,000
7 Bedroom House - Terraced
- INVESTMENT OPPORTUNITY
- 7 BEDROOM HMO PROPERTY CURRENTLY LET AT £59,220PA
- 2 BATHROOMS/SHOWER ROOMS
- GROUND FLOOR WC
- LARGE KITCHEN/DINING/LOUNGE AREA
- GOOD SIZED BEDROOMS
- SOUTHERLY FACING REAR GARDEN
- GROSS RENTAL YIELD OF 11.28%
- CONENIENTLY LCOATED CLOSE TO AMENITIES
INVESTMENT OPPORTUNITY - 7 BEDROOM HMO PROPERTY WHICH IS CURRENTLY LET AT £59,220PA (GROSS YIELD OF 11.28%) AND IS BEING SOLD AS A GOING CONCERN WITH TENANTS IN SITU, FURNITURE AND APPLANCES. The accommodation comprises 7 good size bedrooms, large kitchen/dining/lounge area, ground floor WC, first floor shower room, second floor bathroom and southerly facing rear garden. Rarely available in this part of the road which is conveniently located and ideal for young professionals wanting to be close to Palmerston Road, Albert Road, bars, restaurants, cafes, coffee shops, seafront, Gunwharf Quays, mainline train stations.
Ground Floor Front
4.19m x 3.99m (13'9 x 13'1)
Ground Floor Rear
4.19m x 3.51m (13'9 x 11'6)
WC
Kitchen/Dining Room
9.88m x 3.33m (32'5 x 10'11)
First Floor Front
5.54m x 3.99m (18'2 x 13'1)
First Floor Middle
4.19m x 3.51m (13'9 x 11'6)
Shower Room
2.77m x 2.01m max (9'1 x 6'7 max)
First Floor Rear
5.77m x 3.33m (18'11 x 10'11)
Second Floor Rear
6.38m x 3.33m (20'11 x 10'11)
Bathroom
1.98m x 2.13m (6'6 x 7')
Loft Room
5.79m x 3.51m (19' x 11'6)
Southerly Facing Rear Garden
Additional Information
Tenure - Freehold
Council Tax - Band C
The following bills are included within the rent:
Gas/electric - £3000pa
Water - £840pa
TV License - £180pa
Council tax - £2000pa approximately
The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
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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