Queens Road, Fratton, Portsmouth PO2
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Investment Opportunity
- Freehold
- Council Tax - A
- Double Glazing
- Gas Central Heating
- Presently Tenanted
- Two - One Bed Apartments
- One Maisonette Apartment
- Freehold included
- All Three Units Tenanted
Property description
Landlord to Landlord Crossover Sale / Buy To Let Opportunity - This period semi detached house has in years gone by been converted into three self contained units. The building offers two self contained - One bed apartments and one, two bed split level maisonette apartment. Current rental incomes are : Lower Ground Floor Flat - £825.00 pcm - Hall Floor Flat - £675.00 pcm - Top Floor Maisonette - £825.00 pcm . Yield - 6.56%
Summary description Landlord to Landlord Crossover Sale / Buy To Let Opportunity
Kings Estates are pleased to bring to the market this unique period conversion which is located within the immediate vicinity of Commercial Road, offering an extensive array of shopping and entertainment facilities. The block itself comprises three apartments of which all are currently tenanted. The basement and ground floor apartments comprise of one bedroom, living room, kitchen and shower room with toilet. The top floor flat is made up of two bedrooms, living room, kitchen and family bathroom. Current rental incomes are : Basement Flat - £575.00 pcm - Ground Floor Flat - £650.00 pcm - Top Floor Flat - £750.00 pcm with scope to be increased in line with current market value. Features of the property include Gas Central Heating, double glazing, and good transport links.
Floorplans and measurements coming soon !
Top floor maisonette
family bathroom 6' 00" x 5' 08" (1.83m x 1.73m)
first floor landing 16' 10" x 5' 00" (5.13m x 1.52m)
principle bedroom 12' 06" x 10' 03" (3.81m x 3.12m)
living room 14' 10" x 11' 02" (4.52m x 3.4m)
kitchen 8' 10" x 5' 00" (2.69m x 1.52m)
bedroom two 13' 04" x 10' 09" (4.06m x 3.28m)
bedroom three 12' 06" x 10' 09" (3.81m x 3.28m)
Property info
Property value data/graphs for PO2
Property type | Avg. current value | Avg. £ per sq ft. | Avg. # beds | Avg. £ paid (last 12m) |
---|---|---|---|---|
Detached | £470,494 | £209 | 3.4 | £323,750 |
Semi-detached | £272,098 | £228 | 3.2 | £316,957 |
Terraced | £262,894 | £202 | 2.9 | £245,805 |
Flats | £157,233 | £195 | 1.7 | £142,063 |
Current asking prices in PO2
Average: £250,707Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses |
£158,738 (4) |
£229,419 (37) |
£282,571 (96) |
£364,461 (13) |
£348,000 (5) |
Flats |
£138,285 (14) |
£158,612 (22) |
£200,000 (4) |
- |
£250,000 (1) |
All |
£142,830 (18) |
£203,016 (59) |
£279,268 (100) |
£364,461 (13) |
£331,667 (6) |
Current asking rents in PO2
Average: £1,014 pcmProperty type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses |
£669 pcm (15) |
£1,219 pcm (4) |
£1,338 pcm (8) |
- | - |
Flats |
£712 pcm (12) |
£1,207 pcm (10) |
£1,001 pcm (1) |
- | - |
All |
£688 pcm (27) |
£1,210 pcm (14) |
£1,300 pcm (9) |
- | - |
Fun facts for PO2
Highest value streets | Zed-Index |
---|---|
Barham Way | £362,030 |
Amberley Road | £355,308 |
Elmwood Road | £349,113 |
Beechwood Road | £347,936 |
Spinnaker Drive | £343,535 |
Highest turnover streets | Turnover |
---|---|
St. Marks Road | 34.6% |
Iachino Avenue | 33.3% |
Barham Way | 33.3% |
Northgate Avenue | 30.8% |
Cunningham Avenue | 30.0% |
For more information about this property, please contact
Kings Estates, PO5 on +44 23 9211 9744 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Estates, and do not constitute property particulars. Please contact Kings Estates for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.