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St. James's Road, Southsea 10 bed block of apartments for sale
St. James's Road, Southsea PO5
£675,000
St. James's Road, Southsea PO5
£675,000
Our Summary
- Investment Opportunity
Description
This freehold property comprises five two-bedroom units and one commercial unit, offering a unique investment opportunity for an investor looking to expand their portfolio. The five residential units are currently let to students, with varying lease terms and rental prices ranging from £900 to £1150 per month. The commercial unit is let for £650 per month and has a 60-month lease beginning in December 2024. The property has a mix of communal and private entrances, with all bills paid by the tenants. The asking price of £675,000 includes the commercial unit, which is subject to VAT and valued at £55,000 plus VAT.