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2 Bed Flat, Portsmouth, PO5 1JF £175,000

Elm Grove, Southsea, PO5 1JF - 2 years ago
  1. Deal Search
  2. Portsmouth
  3. PO5
  4. PO5 1JF
Leasehold
B2SA
ROI: 21%
~68 m²

ValuationUndervalued

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Links

  • More Deals in Portsmouth
  • More Deals in PO5
  • More B2SA Deals
  • More B2SA Deals in Portsmouth
  • More B2SA Deals in PO5

Property History

Price changed to £175,000

February 12, 2025

Listed for £180,000

April 23, 2024

Sold for £171,000

2005

Floor Plans

Description

  • GUIDE PRICE £175,000 - £180,000 +
  • LEASEHOLD +
  • 125 YEARS FROM 2005 +
  • SERVICE CHARGE - £2143.68PA +
  • GROUND RENT - 150.00PA +
  • TENANT IN SITU +
  • MODERN APARTMENT +
  • JULIET BALCONY +
  • SOUTH FACING +
  • VIEWINGS RECOMMENDED +

GUIDE PRICE - £175,000 - £180,000

TENANT IN SITU

NEXA Properties are pleased to welcome to market, this modern two bedroom second floor apartment situated on Elm Grove, Southsea.

Comprised of an open plan lounge with Juliet balcony and modern fitted kitchen, two double bedrooms and a modern bathroom suite with shower over bath.

Current rental - £1,000 per month on a rolling contract.

This property would be a perfect addition to an investment portfolio or first time buy.

Lease length - 125 years from 2005

Service charge - £2,143.68pa

Ground rent - £150.00pa

Contact NEXA to arrange a viewing.

Description - Comprised of a spacious open plan lounge and kitchen with built in appliances, two good sized bedrooms with built in wardrobes, a modern bathroom suite with shower over bath and Juliet balcony off the lounge.

Can be offered with a tenant in situ and a current rental of £1,000pcm excluding bills.

Lease length - 125 years from 2005

Service charge PA - £2,143.68

Ground rent PA - £150.00

Contact NEXA to arrange a viewing.

Agent Details

NEXA Properties, Southsea

0238 254 4117

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Links

  • More Deals in Portsmouth
  • More Deals in PO5
  • More B2SA Deals
  • More B2SA Deals in Portsmouth
  • More B2SA Deals in PO5

Cashflows

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