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Offers over

£290,000

3 bed flat for sale
Drayton Road, Portsmouth PO2

    • 3 beds

    • 2 baths

    • 2 receptions

Freehold
Added on 27/01/2025

About this property

  • Buy-to-Let Opportunity

  • A Portfolio of 2 Flats

  • Long Term Tenants Currently Situated

  • Private Kitchen and Bathroom

  • Exclusive Entrances

  • Likely to attract enquiries from Serious Investors & Developers

  • Investment potential detailed below (Let Property Pack)

A portfolio of 2 flats located in Portsmouth with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The portfolio features two self-contained flats, each with its own private entrance. One flat offers two bedrooms, a kitchen, and a bathroom, while the other includes one bedroom along with its own kitchen and bathroom.

Investment details

The portfolio currently produces an annual gross income of £21,360 which could be increased by the new owner to a market rate of £25,800 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Mortgage calculator

Monthly repayment

£1,450 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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