St. Ronans Road, Southsea

7 Bedroom House for sale in Southsea

3 7 3

**INVESTMENT OPPORTUNITY**SEVEN BEDROOM HOUSE IN CENTRAL SOUTHSEA CURRENTLY SPLIT INTO TWO APARTMENTS**

We are pleased to bring to market this seven bedroom investment opportunity located on St Ronans Road in central Southsea. This property is currently split into two units, one being a two bedroom ground floor apartment and the other is a split level five bedroom apartment.

The ground floor apartment comprises of a living room and kitchen to the rear of the property, along with two large double bedrooms at the front with one of them benefiting from the bay window. A three piece bathroom and basement complete the ground floor apartment. The current rent achieved on this unit is £1200pcm giving an annual income of £14,400.

The five bedroom maisonette again is large in size. Similarly to the ground floor apartment the kitchen and living room are located towards the back of the property. There are two large double on the first floor along with a w/c and separate bathroom and on the top floor there are three double bedrooms and the separate w/c and bathroom. Both units have access to a shared garden area. This unit currently achieves a rental figure of £1600pcm giving an annual income of £19,200. This is currently under market value and a suggested income would be £3000pcm and £36,000. annually. Combined the current overall rental income works out at £33,600 providing a yield of 6.4%. The potential yield could be 9.6%

Anti-Money Laundering (Aml) - Bernards Estate agents have a legal obligation to complete anti-money laundering checks. The AML check should be completed in branch. Please call the office to book an AML check if you would like to make an offer on this property. Please note the AML check includes taking a copy of the two forms of identification for each purchaser. A proof of address and proof of name document is required. Please note we cannot put forward an offer without the AML check being completed

Bernards Mortgage & Protection - We have a team of advisors covering all our offices, offering a comprehensive range of mortgages from across the market and various protection products from a panel of lending insurers. Our fee is competitively priced, and we can help advise and arrange mortgages and protection for anyone, regardless of who they are buying and selling through.

If you're looking for advice on borrowing power, what interest rates you are eligible for, submitting an agreement in principle, placing the full mortgage application, and ways to protect your health, home, and income, look no further!

Council Tax Band -

Leasehold Information - Management Company : Lease Length : Ground Rent : Service Charge :
Please note that Bernard's Estate Agents have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.

Offer Check Procedure - - If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position. Our Sellers expect us to report on a Buyer's proceedability whenever we submit an offer. Thank you.

Property Tenure - Freehold / Leasehold - delete as applicable

Removal Quotes - As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company. Please ask a member of our sales team for further details and a quotation.

Solicitor - Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution. The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid. A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner. Bernards can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.

Lounge - 3.51 x 3.66 (11'6" x 12'0") -

Kitchen - 3.35 x 2.34 (10'11" x 7'8") -

Bedroom One - 4.44 x 5.29 (14'6" x 17'4") -

Bedroom Two - 3.82 x 4.21 (12'6" x 13'9") -

Basement - 1.52 x 4.29 (4'11" x 14'0") -

Upper Flat -

Lounge - 3.51 x 4.82 (11'6" x 15'9") -

Kitchen - 3.35 x 2.39 (10'11" x 7'10") -

Bedroom One - 3.82 x 4.21 (12'6" x 13'9") -

Bedroom Two - 4.42 x 5.29 (14'6" x 17'4") -

W/C -

Bathroom -

Bedroom Three - 3.51 x 5.05 (11'6" x 16'6") -

Bedroom Four - 3.82 x 4.21 (12'6" x 13'9") -

Bedroom Five - 4.44 x 4.22 (14'6" x 13'10") -

W/C -

Bathroom -

Property Ref: 34591999

Similar Properties

King Charles Street, Portsmouth

2 Bedroom Apartment | Offers in excess of £500,000

** STUNNING APARTMENT IN THE HEART OF OLD PORTSMOUTH WITH FOUR BALCONIES! **We are delighted to bring to market this qui...

Craneswater Park, Southsea

3 Bedroom Flat | £499,950

Welcome to this stunning three bedroom garden apartment in Craneswater Park, one of the most sought after areas in South...

Clarence Road, Southsea

3 Bedroom Terraced House | £475,000

** FABULOUS COASTAL FAMILY HOME WITHIN WALKING DISTANCE OF THE BEACH **We are delighted to bring to market this exceptio...

Allens Road, Southsea

5 Bedroom Terraced House | Offers in excess of £550,000

** DELIGHTFUL CHARACTER FAMILY HOME IN HIGHLY POPULAR SOUTHSEA ROAD **We are thrilled to offer for sale this exceptional...

Waverley Road, Southsea

4 Bedroom Terraced House | £550,000

** LARGE SOUTHSEA RESIDENCE WITH GARAGE, BASEMENT AND BUNDLES OF CHARM **We are excited to bring to market this great fa...

Nelson Road, Southsea

4 Bedroom Terraced House | £575,000

** TOWNHOUSE IN GATED DEVELOPMENT WITH SOUTH FACING ROOF TERRACE AND TWO PARKING SPACES **We are delighted to bring to m...

More from Bernards Estate and Lettings Agents