Map3 bedroom ground floor maisonette for sale
Lumsden Road, Eastney
Virtual tour
Ground floor maisonette
3 beds
1 bath
850 sq ft / 79 sq m
EPC rating: D
Key information
Features and description
- Lock Lake Views
- Fantastic Investment (9.29% gross yield)
- Vacant Possession Or Tenant In Situ
- Quiet Position on Outskirts of Development
- Neutrally Decorated
- No Forward Chain
- Ground Floor Maisonette
PROPERTY DESCRIPTION We are delighted to present this expansive three-bedroom ground-floor maisonette, situated in a serene locale, boasting breathtaking views of the Lock Lake. This property is an exceptional investment opportunity, offering an impressive 9.29% gross yield, or vacant possession and is available with no forward chain.
Key features include a UPVC double-glazed front door opening into an entrance hall with a spacious under-stairs recess ideal for a study, a generous kitchen/dining room, and a separate lounge. The first floor comprises three bedrooms: a master and guest bedroom, both doubles with fitted storage, and a third single bedroom. The family bathroom completes the internal accommodation.
A standout feature of this property is the stunning views over Lock Lake, which can be enjoyed from both the master bedroom and the third bedroom.
With a current rental income of £1200 per month until May 2025, this property ensures a remarkable 9.60% gross yield, making it a fantastic investment. Additionally, residents' permit parking is available, subject to successful application.
Lease Details:
125-year lease from 2007 (109 years remaining)
Ground Rent: £200 p.a.
Service Charges: Approximately £1364 p.a.
Do not miss out on this unique opportunity to own a prime piece of real estate with superb returns and stunning vistas.
Key features include a UPVC double-glazed front door opening into an entrance hall with a spacious under-stairs recess ideal for a study, a generous kitchen/dining room, and a separate lounge. The first floor comprises three bedrooms: a master and guest bedroom, both doubles with fitted storage, and a third single bedroom. The family bathroom completes the internal accommodation.
A standout feature of this property is the stunning views over Lock Lake, which can be enjoyed from both the master bedroom and the third bedroom.
With a current rental income of £1200 per month until May 2025, this property ensures a remarkable 9.60% gross yield, making it a fantastic investment. Additionally, residents' permit parking is available, subject to successful application.
Lease Details:
125-year lease from 2007 (109 years remaining)
Ground Rent: £200 p.a.
Service Charges: Approximately £1364 p.a.
Do not miss out on this unique opportunity to own a prime piece of real estate with superb returns and stunning vistas.
About this agent
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 of our services are designed to suit your needs, so whatever your requirements you can trust us to meet and exceed your every expectation. The fact that Martin & Co Southsea advertises on a number of different platforms including popular property portals, as well as social media such as Facebook & Twitter, to help us to get your property sold or let quicker. Martin & Co offer a FREE market appraisal by a member of our experienced letting & sales staff. We can offer a range of services at competitive rates and tailor our services to meet your needs. Applicants - looking for a property to rent or buy in Portsmouth, please register on our website (via the link provided) and we will contact you with properties that match your requirements. Unfortunately, not all agents comprehend your needs like we do, and at the Martin & Co office in Portsmouth, we know your property is an important investment and serious financial venture. That s why we take it as part of our responsibility to look after your property, from the smallest studio to a large executive home, to the best standard.