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St. James's Road, Southsea 10 bed block of apartments for sale
St. James's Road, Southsea
£650,000
St. James's Road, Southsea
£650,000
Our Summary
- Investment Opportunity
Description
Kings Estates presents a unique freehold opportunity comprising a commercial unit and five separate two-bedroom properties, ideal for an investor looking to expand their portfolio. The properties, A to E, are currently let to students, with gross annual income approximately £72,000 per annum. Each unit has its own private entrance, except for Flats A and B, which share a communal front door. The commercial unit is available for £650 per month, with a 60-month lease starting December 1, 2024. The asking price for the entire property, including the commercial unit, is £650,000, subject to VAT on the commercial unit's value of £40,000+.