10 bed block of flats for sale

St. James's Road, Southsea PO5

**freehold comprising of 5 X 2 bedroom properties & one commercial unit**floor plans for each unit found in images** Kings Estates are pleased to bring the market this fantastic freehold building made up of a commercial unit and 5 separate two-bedroom properties. This opportunity is ideal for an investor looking to expand their portfolio. Properties A, B, C, D & E are all currently let to students being only an 8-minute walk (approximately to the student union)

**freehold comprising of 5 X 2 bedroom properties & one commercial unit** floor plans for each unit found in images** Kings Estates are pleased to bring the market this fantastic freehold building made up of a commercial unit and 5 separate two-bedroom properties. This opportunity is ideal for an investor looking to expand their portfolio. Properties A, B, C, D & E are all currently let to students being only an 8-minute walk (approximately to the student union)

Flats A & B share a communal front door whilst C, D E each have their own private entrances.

Barber unit - £650 per month. 60 Month lease beginning on the 1st December 2024.

A - £900pcm, 11 month contract, 1st Sep 2025 - 31st of July 2026
B- £1000pcm, currently advertised for let.
C- £1150pcm, 11 months, 1st Sep 2025 - 31st July 2026
D- £1150pcm, 12 months, 1st Aug 2025 - 31st July 2026
E- £1100pcm, 11 months, 1st Sep 2025 - 31st July 2026

All bills are paid by the tenants.

Asking price of £675,000 including the Commercial unit (Commercial unit is subject to VAT and is valued at £55,000+VAT).