Clarendon Road, Southsea 5 bed block of apartments for sale

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Clarendon Road, Southsea 5 bed block of apartments for sale

Clarendon Road, Southsea
£425,000

Our Summary

  • Investment Opportunity

Description

This freehold property consists of three flats: a ground floor two-bedroom flat, a one-bedroom flat, and another two-bedroom flat, all with split levels and sharing an outside patio area. The property is currently rented, generating a gross annual income of approximately £32,430, with each flat let for £995, £682.50, and £1,025 per month respectively. All bills are paid by the tenants, and utilities are split. The property is located in Clarendon Road, Southsea, a vibrant coastal area with a mix of city and seaside living, offering easy access to shops, restaurants, and transport links, making it an attractive investment opportunity for those looking to expand their portfolio.