Freehold Arranged As 2 Flats Producing £18,840 Per Annum. Freehold end of terrace property, situated in Fratton, Portsmouth. The property is arranged as two self contained flats, both flats consist of a living room, kitchen, bathroom and 2 bedrooms. The ground floor flat has the added benefit of the private garden. RENT TENANCIES Ground Floor - Let on an Assured Shorthold Agreement for 6 months from 24.2.18 at a rent of £695.00. Tenant holding over. First Floor - Let on Assured Shorthold Agreement for 6 months from 27.10.22 at a rent of £875.00. Tenant holding over. TENURE Freehold ACCOMMODATION FLAT 1 - Ground Floor Hallway Living Room - 4.59 x 2.93 Kitchen - 2.72 x 2.67 Bedroom 1 - 3.93 x 2.98 Bedroom 2 - 2.91 x 2.53 Bath/WC Total Floor Area - 65 sq.m. FLAT 2 - First Floor Hallway Living Room - 3.92 x 2.96 Kitchen - 2.63 x 2.47 Bedroom 1 - 3.92 x 2.29 Bedroom 2 - 3.43 x 2.99 Bath/WC - 2.20 x 2.05 Total Floor Area - 57 sq.m.
Location
The property is situated in the residential area of Fratton, within walking distance of local shops and restaurants, whilst also being close to the port with access to the Cross Channel ferries. Portsmouth & Southsea Station is just over a mile from the property,(London Victoria 110 minutes). Location Pin (What3Words): text.overnight.gives https://w3w.co/text.overnight.gives
Energy Efficiency Rating (EPC)
Current Rating C
Additional Fees
Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)
Disbursements - Please see Legal Pack for any Disbursements.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.