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5 bed block of flats
Clarendon Road, Southsea PO4
£425,000
Clarendon Road, Southsea PO4
£425,000
Our Summary
- Investment Opportunity
Description
This freehold property in Southsea, PO4, comprises three flats: two 2-bedroom flats and one 1-bedroom flat. The flats are currently rented, generating a gross annual income of approximately £32,430. Flat 1 is rented for £995 per month, Flat 2 for £682.50 per month, and Flat 3 for £1,025 per month. All bills are paid by the tenants, and utilities are split. The property is situated on Clarendon Road, in the heart of Southsea, offering a vibrant coastal lifestyle with easy access to the seafront, shopping, and transport links. The location is popular with residents and investors alike, thanks to its proximity to schools, parks, and leisure facilities, making it a desirable spot for families, professionals, and students.