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£77,500

1 bed flat for sale
Green Road, Southsea PO5

    • 1 bed

  • Retirement
  • Chain free
  • Leasehold

NEXA Properties Limited

Logo of NEXA Properties Limited

About this property

  • No onward chain

  • Tenants in situ, £825PCM

  • Retirement apartment

  • Ground floor

  • 7.34% net yield

  • Fitted kitchen

  • Walk-in shower room

  • Open lounge/diner

  • Sought after location

  • 12.78% gross yield

**12.78% gross yield**tenants in situ**ground floor retirement apartment**£825PCM rental income**7.34% net yield** nexa Properties are pleased to introduce this one bedroom, ground floor retirement apartment for sale with tenants in situ. Offered with no onward chain, this apartment in Homesea House features an open living space, fitted kitchen, walk-in shower room and overlooks a picturesque garden whilst benefiting from a rental income of £825pcm, offering a 7.34% net yield. Call now to arrange your appointment to view.

Lounge/Diner

17'4 x 10'5

Kitchen

7'2 x 5'3

Bedroom

14'0 x 8'8

Shower Room

Lease Information

Lease Length: 60 Years.
Service Charge: £316.66pcm.
Ground Rent: £35pcm.

Tenants In Situ

Tenants on a rolling contract, £825pcm.

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More information

  • Tenure

    Leasehold (60 years)

  • Service charge

    £3,200 per year

  • Council tax band

  • Ground rent

    £420

  • Ground rent date of next review

See all recent sales in PO5

Property descriptions and related information displayed on this page are marketing materials provided by - NEXA Properties Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact NEXA Properties Limited for full details and further information.