Plot for sale

The Thicket, Southsea

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023 9211 9866

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Property description & features

Potential For Site Redevelopment
Purpose Built Block of Three Apartments
Apartments Let on Assured Shorthold Tenancies
Popular With Tenants Minimal Void Periods
Off Road Parking and Individual Garages
Popular Central Southsea Location
Planning For Three New Build Townhouses
Full Plans & Details Available on Request

We are pleased to present a unique opportunity to acquire this Central Southsea apartment building which can continue to be enjoyed as a rental investment or utilise the current planning on the site for Three Modern Townhouses with Off Road Parking. The plans for the approved Townhouses include Three Bedrooms two of which are en-suite, a bike store, roof terrace and courtyard garden to the rear which we believe would prove popular to the Sales market. Having been in the same ownership for many years the block has been well maintained and each apartment has the benefit of Off Road Parking plus garaging to the rear. They have presented a popular rental with minimal voids in tenancy during the current owners Management and being a purpose built block presents a better maintenance proposal than many period conversions. The flats are currently let on Assured shorthold tenancies producing a gross annual income of £37,644.00 and at the time of writing the block is fully occupied. We have more details for the planning permission that has been granted available on request and also available from Portsmouth City Council's Website Planning Portal.

Council Tax Band: B
Tenure: Freehold

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Fry & Kent - Southsea

7-9 Stanley Street Southsea PO5 2DS

023 9211 9866

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Our Company has been at the centre of the Portsmouth & South Hampshire property market for over 40 years and during that time has established a reputation for professionalism, integrity and a way of doing things which sets us apart from the competition. The Drayton Office covers , the Northern End of Portsmouth and `Hillslopes` incorporating Drayton, Bedhampton , Farlington & Cosham and all surrounding areas from Fareham in the West to Havant ,Emsworth & Hayling Island in the East and North to Waterlooville , Horndean & Rowlands Castle,

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Broadband availability and predicted speed

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Clear: No bars, no signal predicted
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