Available
Available
For Sale
Square foot size
1148
117 Festing Grove, Southsea
£465,000
117 Festing Grove, Southsea, PO4 9QE
- Southsea is a vibrant and well-established coastal district situated within Portsmouth
- Walking distance to the seafront
- Popular sought after residential area
- Fully let 2 x 1 bedroom flats
- Garden and rear footpath access
- Available as part of a portfolio or individually
- Guide price £465,000
- Rental Income of £21,600 per annum
- Potential for rental growth
FULLY LET RESIDENTIAL INVESTMENT IN CENTRAL SOUTHSEA
The property comprises a two-storey terraced property of brick construction with a large front bay under a pitched tiled roof. The premises have been split into two flats with a shared entrance and foyer on the ground floor.
The ground floor flat is a one-bedded flat with a front room, bedroom, dining room, kitchen and bathroom with shower to the rear. The current tenant uses the front room as the bedroom. Subject to regulations, this could be a two-bed premises. The ground floor tenant has access to the garden which is well-maintained. There is rear access via an alleyway that runs parallel to the houses on Festing Grove.
The first-floor flat is smaller in size and features a bedroom, lounge, kitchen and bathroom with bath/shower.
Should the tenants vacate, there is potential to convert the property back into a family dwelling, in a sought after area, STPP.
PortsmouthSouthampton