3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

Fawcett Road, Southsea PO4
£250,000

Our Summary

  • Investment opportunity – two self-contained properties – large garden – prime central southsea location – scope for improvement – freehold
  • With scope for enhancement, this property offers an excellent investment opportunity to increase rental yields
  • Investment Opportunity
  • Potential To Boost Rental Income

Description

This is a fantastic investment opportunity to acquire a freehold, end-of-terrace property in a prime central Southsea location, converted into two self-contained units. The property consists of a one-bedroom ground-floor apartment and a two-bedroom split-level maisonette, both benefiting from a spacious garden. The current rental income is £525 per month for the ground-floor flat and £815 per month for the maisonette, generating a total yield of 6.43%. With scope for enhancement, this property offers an excellent chance to increase rental yields, making it an attractive investment opportunity for buy-to-let investors.