Lumsden Road, Eastney

£150,000 | Available

3 bedroom Ground floor maisonette For Sale

or call 02392 987001
Standout Features
Property Description
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 9.60% gross yield 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.
Material Information
  • Tenure: Leasehold

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Lumsden Road, Eastney

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