SPECIFICATIONS:

BEDROOMS: X 1
RECEPTION ROOMS: X 1
BATHROOMS: X 1

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PROPERTY LOCATION:

Property Summary

Tenure: Leasehold
Property type: Upper floor
Length of Lease: 79 years
Council Tax Band: A
Annual Ground Rent: £90.00

Key Features

First floor studio apartment
Tenant in situ
Investment opportunity only
Currently achieving an 8.25% yield
Quiet and tucked away setting
Close proximity to Bitterne precinct

Summary

Locally you are well served for access to the precinct in Bitterne for all of you daily needs and amenities and you are also within walking distance of an array of local shops whilst the Bitterne train station and city centre are also within easy reach and just a few minutes away. The property is available only to a purchaser looking for an investment opportunity only to keep the current tenant in situ who is paying £550pcm and this brings in a yield of 8.25%. The apartment benefits from the use of the residents parking area.

TENURE
Leasehold
Unexpired Years: 80
Annual Ground Rent: £90
Ground Rent Increase: N/a
Ground Rent Review Period: N/a
Annual Service Charge: N/a
These details are to be confirmed by the vendor’s solicitor and must be verified by a buyer’s solicitor.

ADDITIONAL INFORMATION

Services:
Water: Mains Supply
Gas: No Gas
Electric: Mains Supply
Sewage: Mains Supply
Heating: Electric

Materials used in construction: Brick& Concrete
How does broadband enter the property: Unknown

For further information on broadband and mobile coverage, please refer to the Ofcom Checker online

Situation

Southampton is a thriving commercial port with a population in excess of 250,000 and achieved city status in 1964 due to its contribution to trade and the economy. The city centre offers an extensive range of shopping and leisure facilities ranging from small boutique outlets to major department stores including the landmark West Quay shopping mall. Restaurants, bars and cafes cater for every taste and the Cinema de lux offers the finest film viewing experience. Numerous pleasant parks together with The Common, City golf course and sports centre offer a wide range of leisure opportunities with hundreds of acres of green open space. Premier league football is played at St Marys and the Ageas Bowl is the home of Hampshire cricket hosting domestic and international matches together with live music events. The Guildhall, Mayflower and Nuffield theatres host a wide and eclectic range of plays, opera, ballet and musicals and the public art gallery in the civic centre has a famous and acclaimed collection.