3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

Wish Place, Southsea PO5
£400,000

Our Summary

  • **investment opportunity** **three self-contained flats to include the freehold of the building** ** just off albert road** **income from day one** ** all units currently tenanted**
  • Offered for sale with tenants in situ and returning a current annual rental income of £21,600, this block presents a significant opportunity for further rental growth whilst providing an easily manageable asset requiring little to no improvement

Description

This investment opportunity presents three self-contained flats with the freehold of the building, located just off Albert Road in Southsea. The flats are currently tenanted and generating an annual rental income of £21,600. The property requires little to no improvement and offers the potential for further rental growth. The flats are located in a convenient location with easy access to shops, restaurants, and takeaways. Early interest is essential due to the opportunity to acquire a manageable asset with a steady income stream. The flats are entered via their own front doors and feature lounges, kitchens, bathrooms, and bedrooms. The property is sold with the tenants in situ and is freehold.
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