4 Bed Terraced House For Sale Somers Road, Southsea, PO5

£270,000- Terraced

1 of 12
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 19th April 2024

Description

INVESTMENT BUYERS! An excellent mid-terraced student property situated in a great central pocket of Southsea. Situated along Baileys Road currently tenanted, generating £2,100pcm (including bills, capped at £1,600 per term of tenancy), we feel this will make an ideal investment purchase with a 8.74% net yield. In addition to the four double bedrooms, the property also comprises a modern fitted kitchen, a nicely fitted downstairs shower room, double glazing, gas central heating and a southerly aspect rear garden. For further details contact our Southsea branch. Viewings strictly by appointment with at least 24 hours notice required. 

ENTRANCE Obscure double glazed door to:- 

HALLWAY Stairs with spindled balustrade to first floor landing, gas meter and consumer unit, double glazed window to side elevation, period corbels, doors to all rooms. 

LOUNGE 11' 6\" x 10' 8\" into recess (3.52m x 3.26m) Double glazed window to front elevation, coving and ceiling rose, laminate flooring, smoke alarm, feature fireplace. 

BEDROOM THREE 11' 10\" x 10' 9\" into recess (3.61m x 3.30m) Double glazed window to rear elevation, radiator, laminate flooring. 

KITCHEN 11' 5\" including chimney x 8' 11\" (3.49m x 2.72m) Fitted kitchen comprising a range of wall and base level units incorporating roll edge work surfaces, stainless steel sink and drainer unit with mixer tap, built-in oven, electric hob with extractor hood over, spaces for fridge/freezer and tumble dryer, space and plumbing for washing machine, wall mounted boiler, tiled to principal areas and laminate flooring. 

SHOWER ROOM 6' 10\" x 8' 6\" (2.09m x 2.60m) Walk-in shower with thermostatic shower attachment, close coupled WC, pedestal mounted wash basin, heated towel radiator, panelled walls, laminate flooring, obscure double glazed window to rear elevation. 

LOBBY Double glazed door to garden. 

FIRST FLOOR LANDING Double glazed window to side elevation, laminate flooring, doors to bedrooms. 

BEDROOM FOUR 11' 5\" x 8' 9\" (3.49m x 2.67m) Double glazed window to rear elevation, radiator, laminate flooring. 

BEDROOM TWO 11' 10\" x 10' 10\" into recess (3.62m x 3.32m) Double glazed window to rear elevation, loft access, laminate flooring, radiator. 

BEDROOM ONE 11' 6\" x 14' 0\" into recess (3.52m x 4.29m) Double glazed window to front elevation, laminate flooring, radiator. 

GARDEN 10' 8\" (3.27m) Laid to paving, south facing, enclosed by wooden fencing. 

AGENTS NOTE:  

COUNCIL TAX Band B. 
Agent Details
Jeffries & Dibbens Estate and Lettings Agents
1 Marmion Road, Southsea, Hampshire, PO5 2DT

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 4 bedroom property. See more properties like this.

£250,000
Portsmouth, PO1
Terraced
8.7
£220,000
Portsmouth, PO1
Flat
7.4
£310,000
Southsea, PO4
6.7
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested