£361,000

5 Bedroom Maisonette Flat

Hudson Road, Southsea, PO5

First listed on: 29th January 2024

Nearest stations:

  • Portsmouth & Southsea (0.6 mi)
  • Fratton (0.6 mi)
  • Portsmouth Harbour (0.9 mi)
  • Hilsea (2.8 mi)
  • Cosham (3.6 mi)

Interested?

Call: See phone number 02392 987001

Property Description

PROPERTY DESCRIPTION Discover something unique with this offering-a 3 Bedroom Maisonette and a 2 Bedroom Flat. Currently occupied, these properties hold the potential for a rental increase once the existing contracts come to an end, currently paying £1,620pcm (5.27% gross yield) with ground floor due rent review in April for 6-month contract to coincide with Maisonette end date. Potential for £2200pcm(7.15% gross yield), once works carried out.
As you step through the communal front door, your own front door opens into the reception area, featuring a spacious storage room. Moving down the hallway, the first double bedroom welcomes you, followed by a well-appointed bathroom. At the end of the hallway, discover the second double bedroom overlooking the private garden. The kitchen, equipped with a gas combi boiler, leads to a UPVC patio door, offering access to your private garden.
Heading upstairs to the first floor, you encounter the 3-bedroom maisonette. The front of the property boasts an open-plan kitchen/lounge area. Continuing through the hallway, you find the first bedroom and a well-appointed bathroom with a shower over the top. At the rear, bedroom two offers a delightful view of the garden. Ascending the next flight of stairs, the third bedroom unfolds, featuring built-in storage and a large Velux window, flooding the property with natural light.
These properties are a rare find, and with the potential for updates to enhance their value, there's an opportunity to increase the rent and yield. Don't miss the chance to explore the unique possibilities these properties offer. Sold with purchase of Freehold.

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
06/03/2024 Property listed at £361,000
03/02/2024 Property listed at £369,000

Disclaimer

Disclaimer Property reference MAC_352_497723_S. Details are provided and maintained by Martin & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Martin & Co, Portsmouth

4 Grove Road South

Southsea

Portsmouth

PO5 3QT

Tel: See phone number 02392 987001

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference MAC_352_497723_S. Details are provided and maintained by Martin & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Martin & Co, Portsmouth

4 Grove Road South

Southsea

Portsmouth

PO5 3QT

Tel: See phone number 02392 987001

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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