Having been an investment property for a number of years the studio apartment is currently rented at ?575 per calendar month offering an incredible yield of over 7% for any investment buyers. Alternatively it also offers an ideal first time home with secure access to communal areas.

The property is accessed from ground floor of the communal hallway and in total only has a small number of 8 properties in the block. There is one allocated parking space on offer to the front with an abundance of visitors space available as well.

Internally the accommodation offers a living room/bedroom with double glazed windows throughout, a kitchen with space for white goods and bathroom with two storage cupboards.

Located in the popular area of Bursledon Green, Lancaster Close benefits from a short cut through leading to Lowford village with an array of shops, takeaways, hairdressers and local doctors surgery, cafe and many more amenities!

Hallway (3' 3" x 3' 3" or 1.0m x 1.0m)

Front door opening into hallway, Fitted carpet, Skirting, Access to storage cupboard/wardrobe

Living Room/bedroom (12' 2" x 14' 5" or 3.70m x 4.40m)

Fitted Carpet, Textured ceiling, Two UPVC double glazed windows to the front of property, Skirting, Electric heater

Kitchen (9' 2" x 6' 11" or 2.80m x 2.10m)

Textured ceiling? UPVC double glazed window to front?

Vinyl flooring, laminated worktop, Tiled splash back, Wall and base units, Stainless steel sink with mixer tap and drainer. Spaces for washing machine and large fridge/freezer and Cooker

Bathroom (5' 11" x 5' 3" or 1.80m x 1.60m)

Textured ceiling? Vinyl flooring, White panelled bath with

electric shower over. Tiled surrounds. Low level W.C. Wash

hand basin with mixer tap. Airing cupboard housing hot water tank. Extractor Fan

Other

One allocated parking space in front of building. Ample visitors spaces.

Eastleigh borough council tax band A

Seller position- No onward chain

Lease details- Share of Freehold

999 year lease with 955 years remaining on a peppercorn rent

?65 per month service charge