2 Bed Flat For Sale Guildford Road, Portsmouth, PO1

£250,000- Flat

1 of 8
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Last Updated: 5th April 2024

Description

** OF INTEREST TO INVESTORS ** ** TWO FLATS TO INCLUDE FREEHOLD TO THE BLOCK **
** GREAT INVESTMENT OPPORTUNITY ** ** OFFERED FOR SALE WITH NO FORWARD CHAIN **

Comprising two, two bedroom flats along with the Freehold to the building, this fantastic investment offers real potential for rental yield.

Now in need of some modest improvement, there is a long history of rental use with the most recent gross rents totalling £1,425pcm or £17,100 per annum giving an annual return of 6.8%. With some improvement we feel this could be significantly up-lifted and therefore consider this to be an investment with great appeal.

Offered with NO FORWARD CHAIN and VACANT POSSESSION, viewing is by appointment.

Front Door To Ground Floor Flat -

Entrance Hall -

Kitchen -

Bedroom One -

Bedroom Two -

Lounge -

Bathroom -

Front Door To First Floor Flat -

Entrance Hall With Stairs To The First Floor -

Lounge -

Bathroom -

Bedroom One -

Bedroom Two -

Kitchen -

Further Information - COUNCIL TAX BAND: A
TENURE: Freehold
Agent Details
Tully & Co
157-159, Albert Road, Southsea, PO4 0JW
Show Contact Number
023 9273 2241

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested