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1 bed flat
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Our Summary
- TO BE SOLD BY PUBLIC AUCTION TUESDAY 23rd JUNE (at The Queens Hotel, Southsea) UNLESS SOLD PRIOR GUIDE PRICE: £70,000 Of interest to investors in particular: this well-situated VACANT ONE BEDROOM TOP (2nd) FLOOR FLAT CONVERSION is presented in fair condition and has a projected gross yield of around 13% (at £750 p
- With potential to develop, subject to freeholder consent and planning/building approval
- (17944/051373) ADDITIONAL AUCTION COSTS A Buyer's Premium of £600 + V
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Description
The property is a vacant one-bedroom top floor flat conversion located at 10c Cottage Grove. It's situated on the south side of the street, opposite the junction with Milverton Close. The property is one of four units in a late-Victorian, inner-terrace character property with a rendered facade and a tiled roof.
The flat has a total floor area of approximately 36 square meters and features a recessed porch with a part-glazed main front door and security entry system. Internally, the property includes an entrance hall, a bedroom with an en-suite shower room and WC, and a living room/kitchen with a coved ceiling, UPVC double-glazed windows, and a kitchen area with base and wall cupboards, work surfaces, and a stainless steel inset sink.