Gatcombe House, Copnor Road
Portsmouth
Hampshire
PO3 5EJ
Lumsden Road, Southsea
Asking price £125,000
3 Bedroom Maisonette
- Tenant in Situ - Investors Only
- Immediate Rental Income
- Long-Term Occupant Wishing to Stay
- No Forward Chain
- Stamp duty paid for investor (subject to offer)
- Three Bedroom Investment Maisonette
- Spacious Lounge & Separate Kitchen
- Close to Local Amenities & Transport Links
- EPC 'C'
- Excellent Addition to a Buy-to-Let Portfolio
Investment Opportunity | Tenant in Situ | No Forward Chain
Offered exclusively to investors, this spacious three-bedroom maisonette on Lumsden Road presents an excellent buy-to-let opportunity with a long-term tenant already in residence and wishing to remain. Generating a current rental income of approximately £12,000 per annum, the property provides immediate income from day one without the uncertainty of a void period.
The accommodation comprises a generous lounge, fitted kitchen, three bedrooms and a family bathroom, all presented in good overall condition. Positioned close to local amenities, transport links and Southsea's seafront attractions, the property remains a consistently appealing rental proposition.
A significant advantage is that the sale is offered with no forward chain, allowing for a straightforward purchase process. Furthermore, the seller is prepared to contribute towards, or potentially cover, the buyer's Stamp Duty Land Tax, subject to the agreed purchase price and terms.
This is a rare opportunity to acquire an established investment with proven occupancy, immediate income and a tenant keen to remain in place.
Investor buyers only. Tenant in situ. Sold very well priced as a result.
Stamp Duty incentive
Subject to a suitable offer, the vendor is prepared to pay the second property stamp duty tax as an incentive to the buyer.
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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