1 bedroom flat for sale

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1 bedroom flat for sale

Brookfield Road, Portsmouth
£135,000

Our Summary

  • INVESTMENT OPPORTUNITY - BEING SOLD WITH TENANTS IN SITU PAYING £850PCM
  • INVESTMENT OPPORTUNITY

Description

This 1-bedroom ground floor apartment is being sold with tenants in situ, paying £850 per month, offering a gross yield of 7.55% per annum. The property features an open plan lounge/kitchen, double bedroom, shower room, and allocated parking. With a remaining lease term of 107 years, the property is being sold with no chain. Additional benefits include double glazing, gas central heating, and covered bike storage. The property has a private entrance and is located with easy access to local amenities. The apartment is being sold with a service charge of £1,288 per annum and a ground rent of £125 per annum, and is classified as Band A for council tax purposes.