CHARTERED SURVEYORS AUCTIONEERS ESTATE AGENTS VALUERS

Auction Guide Price £175,000 - Available

Pelham Road, Hampshire

2 bedroom - Flat
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Description

TO BE SOLD BY PUBLIC AUCTION THURSDAY 30th JULY 2020.GUIDE PRICE: £175,000-£180,000.OF INTEREST TO OWNER-OCCUPIERS AND INVESTORS: enjoying a prime Central Southsea location, this WELL-APPOINTED and attractively presented TWO DOUBLE BEDROOM GROUND FLOOR CHARACTER APARTMENT benefits from gas c.h., replacement double-glazing, equipped kitchen, and useful cellar. Previously let, it offers a projected gross rental yield of around 6% p.a., or would be an ideal private home.Pelham Road runs between Elm Grove and The Retreat, No. 14a being on the west side. This pleasant and sought-after Conservation Area address is just a few minutes walk from Palmerston Road Shopping Precinct, very convenient to the wide-ranging public amenities provided by Southsea Town Centre, The Seafront, and historic Old Portsmouth.The apartment is one of just two units within a substantial and imposing late-Victorian inner-terrace property featuring double splay bay window under a modern tiled roof.

Altered and much improved by the seller, it has been let until recently at £850 p.c.m. (having scope, it is felt, for a slight increase now), thus presenting an excellent investment opportunity. Alternatively, owner-occupiers will be attracted by the property''s many qualities, notably its desirable position, generous living space, and appealing combination of contemporary fittings with period feel. Full particulars are given as follows:


Storm doors to PORCH: inner door to:

COMMON LOBBY
Door to:

14a

ENTRANCE HALL
Part-coved ceiling. Exposed floorboards.

BATH/SHOWER & W.C. 10'8 x 8'1
White suite comprising: wood-panelled bath with mixer tap and shower attachment, low flush w.c., pedestal handbasin, and corner shower cubicle. Single panel radiator. Contemporary vertical towel rail. Part-tiled walls. Exposed floorboards. UPVC replacement double-glazed window to rear elevation. Stripped pinewood and glazed door. Part-coved ceiling.

LIVING/DINING/KITCHEN 25'5 x 13'0 to 9'5

Living/Dining
Coved ceiling with period rose. Exposed floor boards. UPVC replacement double-glazing to bay. Feature exposed brick chimney breast. Double panel radiator. Stripped pinewood door from Hall.

Kitchen
Fitted and equipped with: base and wall cupboards, woodblock-effect work surfaces with upstand, 1£ bowl stainless steel inset sink with mixer tap. Incorporating: electric oven, 4-ring gas hob with extractor canopy, freezer. Plumbing for washing machine. Exposed floorboards. Part-coved ceiling with period rose.
Steps down from Entrance Hall to:

REAR HALL
Two single panel radiators. UPVC and double-glazed door to REAR YARD. Stripped pinewood and part-glazed door to:

CELLAR
Useful storage area housing meters.

DUAL-ASPECT BEDROOM ONE 14'3 x 8'10
UPVC replacement double-glazed window to side elevation; two similar obscure-glass windows to the rear. Single panel radiator. Stripped pinewood door.

BEDROOM TWO 10'7 x 8'8
UPVC replacement double-glazed window to side elevation. Built-in cupboard housing 'Ideal' gas fired central heating and hot water boiler. Single panel radiator. Stripped pinewood door.

OUTSIDE
REAR: Small private YARD, 6'8 x 4'9 (2.03m x 1.45m), with fenced surround and water tap.

GENERAL INFORMATION
Tenure: 125 years leasehold from 25.03.2008 (113 years remaining).
Maintenance Charge: £1,500 p.a.
Ground Rent: £200 p.a.


COUNCIL TAX
Band 'A' - £1,155.28 p.a. (2020/2021)

VIEWING
By appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(17284/026095)


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Key Contacts

Southsea Office

7 Clarendon Road, Southsea, Portsmouth
Hampshire PO5 2ED

Tel: 023 9286 4321

Robin Evans - Head of Residential Sales
robinevans@nesbits.co.uk

Kim Evans - Senior Negotiator
kimevans@nesbits.co.uk

Hannah Prichard - Sales Negotiator
hannah@nesbits.co.uk

Jackie Evans - Sales Negotiator
jackie@nesbits.co.uk

Alison Weeden - Secretary
alisonw@nesbits.co.uk

RICS

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