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Baileys Road, Southsea £270,000 Freehold

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  • Investment Opportunity
  • Four Bed Student Let
  • Tenants In Situ
  • Modern Fitted kitchen
  • No Forward Chain
  • Generating £2,100 pcm (including bills)
  • 8.74% Net Yield
  • EPC Rating: C

INVESTMENT BUYERS! An excellent mid-terraced student property situated in a great central pocket of Southsea. Situated along Baileys Road currently tenanted, generating £2,100pcm (including bills, capped at £1,600 per term of tenancy), we feel this will make an ideal investment purchase with a 8.74% net yield. In addition to the four double bedrooms, the property also comprises a modern fitted kitchen, a nicely fitted downstairs shower room, double glazing, gas central heating and a southerly aspect rear garden. For further details contact our Southsea branch. Viewings strictly by appointment with at least 24 hours notice required.

ENTRANCE Obscure double glazed door to:-

HALLWAY Stairs with spindled balustrade to first floor landing, gas meter and consumer unit, double glazed window to side elevation, period corbels, doors to all rooms.

LOUNGE 11' 6" x 10' 8" into recess (3.52m x 3.26m) Double glazed window to front elevation, coving and ceiling rose, laminate flooring, smoke alarm, feature fireplace.

BEDROOM THREE 11' 10" x 10' 9" into recess (3.61m x 3.30m) Double glazed window to rear elevation, radiator, laminate flooring.

KITCHEN 11' 5" including chimney x 8' 11" (3.49m x 2.72m) Fitted kitchen comprising a range of wall and base level units incorporating roll edge work surfaces, stainless steel sink and drainer unit with mixer tap, built-in oven, electric hob with extractor hood over, spaces for fridge/freezer and tumble dryer, space and plumbing for washing machine, wall mounted boiler, tiled to principal areas and laminate flooring.

SHOWER ROOM 6' 10" x 8' 6" (2.09m x 2.60m) Walk-in shower with thermostatic shower attachment, close coupled WC, pedestal mounted wash basin, heated towel radiator, panelled walls, laminate flooring, obscure double glazed window to rear elevation.

LOBBY Double glazed door to garden.

FIRST FLOOR LANDING Double glazed window to side elevation, laminate flooring, doors to bedrooms.

BEDROOM FOUR 11' 5" x 8' 9" (3.49m x 2.67m) Double glazed window to rear elevation, radiator, laminate flooring.

BEDROOM TWO 11' 10" x 10' 10" into recess (3.62m x 3.32m) Double glazed window to rear elevation, loft access, laminate flooring, radiator.

BEDROOM ONE 11' 6" x 14' 0" into recess (3.52m x 4.29m) Double glazed window to front elevation, laminate flooring, radiator.

GARDEN 10' 8" (3.27m) Laid to paving, south facing, enclosed by wooden fencing.

AGENTS NOTE:

COUNCIL TAX Band B.


Baileys Road
Southsea, Hampshire PO5 1EA
County: Hampshire
Sale Type: For Sale
Ref #: 100560063199
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