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2 bedroom flat for sale
Fratton Way, Portsmouth, Hampshire, PO4
£170,000
Fratton Way, Portsmouth, Hampshire, PO4
£170,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 2-bedroom flat in Southsea is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features two bedrooms, a three-piece bathroom, an ensuite, lounge, kitchen, and balcony. Currently, the property generates an annual gross income of £15,300 with tenants already in situ, who have been paying rent consistently for several years and have no plans to move out. With a potential rental income that could be earned in future years, this property offers a worthwhile addition to an investor's portfolio. The current tenants are committed to remaining in the property, making it an attractive option for buyers looking for a smooth transaction process.