2 bed flat for sale

Albert Road, Southsea PO4

Nestled in the vibrant heart of Southsea on Albert Road, this charming two-bedroom first-floor maisonette offers a delightful blend of modern living and convenience. With its own private entrance, the property welcomes you into a practical space ideal for hanging coats, storing shoes, or even accommodating bicycles. The landing area has been cleverly transformed into a home office, providing a perfect spot for remote work or study.

The interior of the maisonette is exceptionally well presented, featuring a modern bathroom and kitchen equipped with integrated appliances, including space for a washing machine. New carpets throughout add a touch of comfort and style, making this home ready for immediate enjoyment.

Location is key, and this property does not disappoint. Situated amidst the bustling shops, restaurants, and bars of Southsea, it is also conveniently close to schools and just a short stroll from the picturesque seafront and canoe lake. Fratton Train Station is also located close by making commuting a breeze.

For those considering investment opportunities, the property has successfully operated as an AirBnB, generating an impressive income of approximately £25,000 per year.

Additionally, the maisonette boasts a partly boarded loft space, presenting potential for further development. The property is double glazed, and the interior of the non-connecting walls has been enhanced with thermal plasterboard, ensuring a warm and energy-efficient living environment. The floorboards have been boarded over with hardboard for added insulation.

The lease, signed in 2007, has 107 years remaining, with a nominal ground rent of £250 per year. There are no maintenance charges, although the freeholder is open to arranging this if desired, allowing for a straightforward split of external maintenance responsibilities.

This maisonette is a rare find in a sought-after location, perfect for both first-time buyers and investors alike.