No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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5
Guide price£159,995
Added > 14 days

1 bedroom apartment for sale

Palmerston Road, Southsea
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Apartment
1 bed
1 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Seafront Vicinity
  • First Floor Flat
  • Share of Freehold
  • Double Bedroom
  • Fitted Kitchen
  • Fitted Bathroom
  • Living Room With Bay Window
  • Ideal Starter Home
  • Ideal Long Term Rental Investment
  • Requested Location
SUMMARY DESCRIPTION Located within the immediate vicinity of the open green spaces of Southsea Common and the historic waterfront fortifications, this first-floor (top) apartment is a leasehold flat with a 50% share of the freehold. The property comprises a private entrance door opening to a lobby area with stairs leading to the upper-floor landing. There is a front-aspect living room with a box bay window, a rear double bedroom, a modern fitted kitchen, and a bathroom.

This is an ideal starter home and a long-term investment rental opportunity. The property is currently tenanted at £825 per calendar month, offering a 6.1% gross yield.
 

ENTRANCE AREA From the road side pavement head down the under croft alley way walkway past the wrought iron entrance gate to the rear of the walkway to the second double glazed entrance door on the right hand side.
 

ENTRANCE LOBBY Double glazed entrance door opening to the lobby area, coat hanging space and stairs rising to the first floor upper landing area.
 

UPPER FLOOR LANDING AND STAIRWELL 9' 08" x 6' 04" (2.95m x 1.93m) Landing area with balustrade to the stairwell, stairs leading down to the ground floor level. Doors to the accommodation and sky light window.
 

LIVING ROOM 14' 07" x 11' 08" (4.44m x 3.56m) Front aspect double glazed box bay window, power points, electric dimplex heater. smooth plastered walls and ceiling. Doorway opening to the landing.
 

KITCHEN 10' 10" x 6' 04" (3.3m x 1.93m) Fitted units incorporating work surfaces with tiled splash backs, inset stainless steel sink with mixer tap, space for the washing machine, built in oven and hob, space for an upright fridge freezer, front aspect double glazed window and door to the landing.
 

DOUBLE BEDROOM 12' 08" x 11' 00" (3.86m x 3.35m) Rear aspect double glazed window, power points, dimplex heater, smooth plastered walls and ceiling, built in wardrobes and door to the landing.
 

FAMILY BATHROOM 8' 02" x 6' 04" (2.49m x 1.93m) Suite comprising low level flush W.C. pedestal wash basin and a panelled bath with shower taps facility and tiled to the principle areas Two rear aspect double glazed windows. Smooth plastered walls and ceilings. Laminate wood flooring and door to the landing
 

LEASE WITH SHARE OF FREEHOLD The vendors presently own 50% of the freehold and are happy to extend the lease term from its present remaining term of 76 years remaining. They are happy to extend the lease to a full 125 years. 

Places of interest

    Kings Estates are a progressive independent agency, we deliver a superior quality service and an exclusive experience for our landlords, vendors, buyers and tenants. We offer expert local and industry knowledge that will outclass our competitors and ensure you receive unparalleled customer care. We have been established in the centre of Portsmouth for over 10 years and due to our unprecedented success, have expanded into Southampton and now the Guildford market. We are market leaders in both of our south coast offices and due to the demand of our vast portfolio of investors we are now offering our professional and unique know-how to the Surrey area.  Each of our offices are run by property experts that have been working tirelessly within the industry in both Sales and Lettings for over a decade. We are highly knowledgeable in the regions we work in and lead our superb teams of professional individuals to ensure the best outcomes are achieved for our clients. We have a far-reaching portfolio of investors waiting for the latest property, so a quick sale is always likely. You will be designated a professional expert for your property and as a point of contact throughout the selling or lettings process. Each week, your property expert will provide feedback on your property and the market to give a clear consistent view of how things are progressing and what next steps you can expect to take. Whether you are a seasoned property investor or new to property, you will receive outstanding customer care and an experience that will mean you can rely on us now, and in the future, to give you the results you require.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 10, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.