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9 bedroom apartment for sale

Kingston Road, North End
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Apartment
9 beds
9 baths
828 sq ft / 77 sq m
EPC rating: E
Added > 14 days

Key information

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Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Investment
  • 9 bedroom property
  • Bike storage
  • Potential for development
  • Great location
  • Earn from day one
  • Over 7.78% gross yield
PROPERTY DESCRIPTION Introducing a highly lucrative investment opportunity: an exceptional 9-bedroom property spanning across three floors. Each floor consists of 3 thoughtfully designed studio flats, complete with private en-suite facilities and intercom systems for secure, private access. Additionally, each floor features its own kitchen/diner area.
*Please note, the ground floor is currently 2 Bed, with a separate reception room, but can easily be changed back into a 3rd bedroom with en-suite*

Currently, all studios are fully occupied, making this property an attractive investment prospect. Moreover, the property offers the potential for further expansion with the possibility of constructing a fourth floor. The necessary infrastructure, including staircase, electrics, waste, and water connections, have already been installed, simplifying the expansion process.

Convenience is a priority, evident in the communal access area that includes bike storage and a dedicated bin shed.

This relatively new property, just a few years old, is in excellent condition and holds immense potential for further development and profitability.

Don't miss out on this remarkable opportunity. Contact us today for additional details and to arrange a viewing.

Currently fully let yielding 7.78% (gross) per annum. 

HMRC COMPLIANCE All sellers and buyers will be required to complete online identity checks provided by MoveButler. The cost of these checks is £60 inc. VAT per person which is paid in advance, directly to MoveButler. This charge verifies your identity in line with our obligations as agreed with HMRC. 

Property information from this agent

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About this agent

Martin & Co - Portsmouth
Martin & Co - Portsmouth
4 Grove Road South Portsmouth PO5 3QT
023 9211 9715
Full profileProperty listings
Welcome to the Martin & Co Estate Agents in Portsmouth, your sales, lettings and property management specialists. Since opening in 2005 our business and
reputation has gone from strength to strength, with an ever increasing portfolio of properties and excellent Customer Service in Portsmouth and Southsea.
Our office is based in central Southsea, close to Elm Grove & Albert Road and only minutes from Gunwharf Quays & Old Portsmouth. We have a great
selection of properties to sell & rent in Portsmouth & Southsea and the surrounding areas including flats, houses, and investment properties! All ... Show more
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