Sold STC

Offers in Excess of £100,000

1 Bedroom Studio for Sale

New Road, Portsmouth

Offers in Excess of £100,000

Key Features

  • 25% SHARE OF FREEHOLD
  • NO SERVICE CHARGE or GROUND RENT
  • HIGH SPEC FINISH THROUGHOUT
  • 10% + YIELD
  • CLOSE TO LOCAL SHOPS
  • 104 YEARS LEFT ON LEASE
  • MODERN FITTED KITCHEN
  • FANTASTIC BUY TO LET OPPORTUNITY
  • IDEAL FIRST TIME PURCHASE
  • CALL TO BOOK INTERNAL VIEWING

Full Description

** SHARE OF FREEHOLD ** NO MONTHLY CHARGES ** FANTASTIC BUY TO LET **

We are delighted to bring to the market this charming studio flat that boasts a clever use of space and a modern design. This property is an ideal first purchase for those looking to step onto the property ladder or a great buy-to-let opportunity.

Situated in a convenient location, this studio flat features modern fitted kitchen, one reception room with the mezzanine bed above the bespoke fitted wardrobes, making it a cosy and manageable living space. The shower room and seperate W.C competes this beautifully modernised Studio apartment. The conversion layout maximises every inch, providing a comfortable and functional environment.

Whether you're a first-time buyer excited to have a place to call your own or an investor seeking a lucrative opportunity, this studio flat offers a modern living experience that is both practical and stylish. Don't miss out on the chance to own or invest in this property situated along New Road, Portsmouth.

Communal Entrance Hall -

Flat Entrance -

W.C - 1.17 x 1.17 (3'10" x 3'10") -

Lounge - 5.05 x 3.23 (16'6" x 10'7") - Measured at longest points

Mezzanine Sleeping Area - 2.29 x 1.35 (7'6" x 4'5") -

Kitchen - 2.70 x 2.31 (8'10" x 7'6") -

Shower Room - 2.64 x 0.97 (8'7" x 3'2") -

Letting Information- Portsmouth - If you are considering buying this property for buy to let purposes, we would expect to achieve ?850 PCM. This would give you 10.2% gross return based on the current asking price. If you would like any further information about lettings, what services our in house teams can offer please call your local office on 02392 696811 or email [email protected]

Mortgage Advisor - We offer financial services here at Bernards. If you would like to review your current Agreement In Principle or are yet to source a lender, we have a number of experienced Financial Advisors who will be happy to help.

Conveyancing - 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 conveyance 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.

Offer Check Procedure - If you are considering making an offer for this or any other property Bernards Estate Agents are marketing, please make contact with your local office so we can verify/check your financial/Mortgage situation.

Leasehold Information. - Lease Length: 104 Years remaining with 25% Share of Freehold
Ground Rent: No charge
Service Charge: No charge

Please note Bernard's Estate agents have not checked or verified the leases, the information provided is what we have been provided with from the sellers. Your solicitor will check all of the above during the conveyancing process.

Portsmouth Council Tax - The local authority is Portsmouth City Council.

BAND : A - ?1,383.64

Anti-Money Laundering - 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

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