2 bedroom Flat For Sale

PROPERTY DESCRIPTION We are pleased to present this spacious, modern and well maintained two bedroom apartment situated in central Portsmouth, close to the railway station and Commercial Road offering an excellent opportunity for a buy to let investor. No forward chain. *Cash Buyers Only!*

Briefly comprising: secure communal entrance, spacious and welcoming entrance hall with large storage cupboard and access to all tooms, 20ft open plan living/kitchen area with modern fitted units and breakfast bar, two good sized bedrooms and well appointed bathroom with shower over bath. The property is tastefully decorated throughout.

Due to the central location of the property it lends itself as an excellent buy to let investment(Currently let until June '25 with 16.67% gross yield, tenants on periodic contract) or first time buyer, close to the train station and Commercial Road.

No forward chain.

ENTRANCE HALL 9' 3" x 3' 4" (2.83m x 1.04m)

KITCHEN/LIVING ROOM 20' 9" x 9' 9" (6.35m x 2.99m)

BEDROOM ONE 16' 10" x 8' 4" (5.14m x 2.55m)

BEDROOM TWO 11' 1" x 7' 1" (3.40m x 2.17m)

BATHROOM 6' 0" x 5' 6" (1.83m x 1.69m)

LEASEHOLD INFORMATION Length of Lease - 115 Years remaining approx.
Service Charge - £2200 pa
Ground Rent - £536pa

Please note that Martin & Co have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.

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.

AUCTIONEER COMMENTS This property is for sale by Modern Method of Auction allowing the buyer and
seller to complete within a 56 Day Reservation Period. Interested parties'
personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with
your lender before bidding. A Buyer Information Pack is provided. The buyer
is responsible for the Pack fee. For the most recent information on the Buyer
Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-
Refundable Reservation Fee of 4.5% of the purchase price including VAT,
subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the
property to the buyer during the Reservation Period and is paid in addition to
the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will
receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc.
VAT. These services are optional.