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Ashby Place, Southsea PO5 1 bed flat for sale
Ashby Place, Southsea PO5
£135,000
Ashby Place, Southsea PO5
£135,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Southsea is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a comfortable bedroom, modern bathroom, spacious living room, and private underground parking. Currently, the flat generates an annual gross income of £10,200 with tenants already situated, and with a potential for future rental income, it makes for a worthwhile addition to an investor's portfolio. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. The sellers are committed to facilitating a smooth transaction process, making this a great opportunity for investors to secure a lucrative rental property.