No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

11 bedroom block of apartments

Under offer
Save
Block of apartments
11 bed
3 bath

Key information

Tenure: Leasehold
Ground rent: £0 per annum
Council tax: Band TBC
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold
  • 2x Four Bedroom Flats & 1 Three Bedroom
  • Generating £62,400 P.A
  • Rented As Individual Rooms
  • No Forward Chain
  • Council Tax Band B
  • Permit Parking Nearby
  • Gas Central Heating & Double Glazing Throughout
  • Close to Shops & Amenities
  • Modern High Gloss Kitchens
  • Follow us on Instagram @fieldpalmer
Welcome to Portsmouth Road, where an exceptional investment opportunity awaits! This lucrative venture currently yields approximately £62,400 per annum, boasting an impressive yield exceeding 13%. Comprising two spacious four-bedroom flats and a three-bedroom flat, this listing presents a substantial opportunity for investors. Each of the flats come with a 107-year lease, ensuring long-term stability and potential for growth. With minimal annual charges of just £362 per annum, this investment offers not only attractive returns but also manageable overheads, maximising profitability for the savvy investor. Don't miss out on the chance to capitalise on this remarkable investment opportunity in Portsmouth Road, where prime rental potential meets long-term financial security.
Location Situated in the heart of Woolston's main shopping precinct, Portsmouth Road is conveniently positioned only 0.2 miles from the Woolston Train Station and Crest Nicholson's well-designed development of Centenary Quay. The lively landmark is home to a selection of drinking & eating establishments, beauty salon, library, 24/7 gym and other facilities in the immediate area. Although you can spend most days relaxing by the river or seeking the sun on the nearby pebble beach (Weston Shore), the fast-paced city of Southampton is just a stone's throw away where you can enjoy a hearty meal in a traditional English pub or treat yourself to some fine dining in a Michelin star restaurant in Ocean Village. Southampton is home to West Quay, one of the south's biggest shopping destinations.

24a Portsmouth Road
Communal Hall
Secure entry system, stairs to 1st floor, doors leading to: 

Entrance Hall
Textured finish to ceiling, radiator, doors to:

Lounge
12' 11" (3.94m) max x 12' 2" (3.71m) max:
Textured finish to ceiling, skylight, radiator.

Kitchen
9' 4" (2.84m) max x 10' 2" (3.10m) max:
Smooth finish to ceiling, skylight, range of matching wall base and drawer units with roll top work surface over, stainless steel sink and drainer, integrated fridge freezer, oven with hob and extractor fan over, space for washing machine, tiled splash back, radiator.

Bedroom One
8' 1" (2.46m) x 16' 2" (4.93m):
Textured finish to ceiling, double glazed window to front elevation, radiator.

Inner Lobby
Textured finish to ceiling, doors to:

Bedroom Two
6' 6" (1.98m) x 15' 8" (4.78m):
Textured finish to ceiling, double glazed window to front elevation, radiator.

Bedroom Three
6' 4" (1.93m) x 13' 2" (4.01m):
Textured finish to ceiling, double glazed window to front elevation, radiator.

Bathroom
Textured finish to ceiling, panel enclosed bath, wash hand basin and low level WC, heated ladder towel rail, tiled from floor to ceiling.

24b Portsmouth Road
Communal Hall

Secure entry system, stairs to 1st floor, doors leading to: 

Entrance Hall
Textured finish to ceiling, storage cupboard, radiator, doors to:

Lounge
9' 9" (2.97m) max x 11' 4" (3.45m) max:
Smooth finish to ceiling, radiator, doors to:

Kitchen
6' 5" (1.96m) x 14' 3" (4.34m):
Smooth finish to ceiling, skylight, range of matching wall base and drawer units with roll top work surface over, stainless steel sink and drainer, integrated fridge freezer, oven with hob and extractor fan over, space for washing machine, tiled splash back, radiator.

Bedroom One
9' 11" (3.02m) max x 15' 2" (4.62m) max:
Textured finish to ceiling, double glazed window to side elevation, radiator.

Bedroom Two
10' (3.05m) max x 15' 3" (4.65m) max:
Textured finish to ceiling, double glazed window to rear elevation, radiator.

Bedroom Three
9' 9" (2.97m) max x 12' 9" (3.89m) max:
Textured finish to ceiling, double glazed windows to rear elevation, radiator.

Bedroom Four
9' 11" (3.02m) x 9' 9" (2.97m):
Textured finish to ceiling, double glazed window to side elevation, radiator.

Bathroom
Textured finish to ceiling, panel enclosed bath, wash hand basin and low level WC, heated ladder towel rail, tiled from floor to ceiling.

24c Portsmouth Road
Communal Hall

Secure entry system, stairs to 1st floor, doors leading to: 

Entrance Hall
Textured finish to ceiling, storage cupboards, radiator, doors to:

Lounge
9' 4" (2.84m) x 7' 3" (2.21m):
Textured finish to ceiling.

Kitchen
6' 4" (1.93m) x 11' 8" (3.56m):
Smooth finish to ceiling, range of matching wall base and drawer units with roll top work surface over, stainless steel sink and drainer, integrated fridge freezer, oven with hob and extractor fan over, space for washing machine, tiled splash back, radiator.

Bedroom One
9' 1" (2.77m) max x 17' 2" (5.23m) max:
Textured finish to ceiling, double glazed window to side elevation, radiator.

Bedroom Two
9' 4" (2.84m) max x 14' 10" (4.52m) max:
Textured finish to ceiling, double glazed window to rear elevation, radiator.

Bedroom Three
9' 3" (2.82m) max x 13' 5" (4.09m) max:
Textured finish to ceiling, double glazed window to side elevation, radiator.

Bedroom Four
9' 1" (2.77m) max x 12' 7" (3.84m) max::
Textured finish to ceiling, double glazed window to side elevation, built in wardrobe, radiator.

Bathroom
Textured finish to ceiling, panel enclosed bath, wash hand basin, low level WC, heated ladder towel rail, tiled from floor to ceiling.

We are advised by the vendor the lease details for each individual flat are:
Maintenance Charge Including Building Insurance £262 p.a (Total for 3 flats = £786)
Ground Rent: £100 p.a (Total for 3 flats = £300)
Lease Length: 106 Years Remaining 

Follow us on Instagram @fieldpalmer for 'coming soon' property alerts, exclusive appraisals, reviews and video tours. 

Services
Mains Gas
Mains Electricity
Mains Water 
Mains Drainage 

Please Note: Field Palmer have not tested any of the services or appliances at this property.

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    *DISCLAIMER

    Property reference FPWCC_678214. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Field Palmer - Woolston.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.