Description

TO BE SOLD BY PUBLIC AUCTION THURSDAY 12th NOVEMBER 2020.GUIDE PRICE: £1,100,000-£1,200,000.OF INTEREST TO INVESTORS ONLY: a rare and important residential investment opportunity enjoying a prime location in the very heart of SOUTHSEA TOWN CENTRE. This PAIR OF SUBSTANTIAL SEMI-DETACHED CHARACTER PROPERTIES afford 6 SELF-CONTAINED APARTMENTS ranging from one to four bedrooms each, ALL LET and producing £47,340 p.a. (with scope for uplift). Clarendon Road runs from Palmerston Road/Osborne Road junction towards South Parade, Nos.31 & 33 being on the north side diagonally opposite The Vale. This highly desirable Conservation Area (Owen''s Southsea) address is just a few minutes walk from Southsea Shopping Centre and The Seafront, whilst also placing a wide range of public amenities within a radius of some one mile only, including: historic Old Portsmouth, main-line stations, various good schools, and University Campus. Well screened behind a deep, tree-planted forecourt, and standing upon a generous plot, this pair of late-Victorian former family houses features brick and rendered elevations with recessed porch and double splay bay windows, all under replacement tiled roofs. Generally well-appointed (all with central heating, some with double-glazing, some with equipped kitchens) the six units are as follows: Semi-Basement 31: £250 p.c.m., Assured Tenancy (secure), the occupant being long-standing. ONE BEDROOM. Hall Floor 31: £750 p.c.m., Assured Shorthold Tenancy, month to month. TWO BEDROOMS. Upper Maisonette 31: £875 p.c.m., Assured Shorthold Tenancy, month to month. FOUR BEDROOMS. Semi-Basement 33: £225 p.c.m., Assured Tenancy (secure), another long-standing occupant. ONE BEDROOM (includes a garage). Hall Floor 33: £795 p.c.m., Assured Shorthold Tenancy, month to month. TWO BEDROOMS. Upper Maisonette 33: £1,050 p.c.m., Assured Shorthold Tenancy, month to month. THREE BEDROOMS (includes a garage).

TOTAL CURRENT INCOME: £3,945 p.c.m. (£47,340 p.a.)Combining sought-after position, generous and well-proportioned accommodation, a largely high standard of presentation, and the prospect of income uplift, this really is a first-class opportunity for the discerning investment buyer. Full details are given as follows:

SEMI-BASEMENT FLAT
31B CLARENDON ROAD. Condition: very basic.
Private entrance at rear of property, with steps down to front door and through to:

Entrance Hall
Recess housing 'Worcester' gas fired central heating and hot water boiler. Single panel radiator.

Bathroom & W.C. 8'7 x 4'10
Cast-iron bath, handbasin, high flush w.c. Single panel radiator. Window to rear elevation.

Kitchen 20'0 x 4'11
Fitted base cupboards, work surfaces, double drainer stainless steel sink unit. Two windows to side elevation.

Bedroom 15'10 x 10'10
Window to rear elevation. Handbasin. Single panel radiator.

Living Room 20'3 x 14'2
Splay bay to front elevation having sash window. Single panel radiator.

Council Tax
Band A - £1,155.28 p.a. (2020/2021)

EPC 'D'

HALL FLOOR FLAT
31 CLARENDON ROAD. Condition: good.
Approached via main entrance having steps up to recessed porch with front door to COMMUNAL HALL having doors to Hall Floor Flat and Upper Maisonette.

Entrance Hall
Single panel radiator.

Bathroom & W.C.
Contemporary white suite comprising: panelled bath with mixer tap and shower attachment, pedestal handbasin with mixer tap, and low flush w.c. Vertical towel rail/radiator. Extractor. 4 recessed ceiling spotlights.

Bedroom One 12'7 x 10'10
Pair of UPVC and double-glazed French doors to rear elevation, granting access to rear staircase. Double panel radiator.





Bedroom Two 9'7 x 8'8
Sash window to rear elevation. Double panel radiator.

Living Room & Kitchen 20'9 x 14'3
Coved ceiling with period rose. Splay bay window to front elevation. Fire surround. Double panel radiator. Kitchen Area: contemporary fitted base and wall cupboards, work surfaces with tiled surround, inset single drainer stainless steel sink unit with mixer tap. Incorporating: electric oven, 4-ring gas hob with extractor canopy, 'fridge/freezer, and washing machine.

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

EPC 'C'

UPPER MAISONETTE
31A CLARENDON ROAD. Condition: good.
Private front door at half landing level with inner stairs to:

First Floor

Spacious Landing
Sash window to side elevation. Double panel radiator.

Bathroom & W.C. 11'2 x 5'1
Contemporary white suite similar to H.F.F. Sash window to front elevation.

Kitchen 16'3 x 7'6
Range of contemporary fitted base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel inset sink with mixer tap. Incorporating electric oven and 4-ring gas hob with extractor canopy. Plumbing for washing machine. Double panel radiator. 'Ideal' gas fired central heating and hot water boiler. Sash window to rear elevation.



Bedroom One 16'2 x 12'0
Sash window to rear elevation. 1 double and 1 single panel radiator.

Living Room 17'9 x 14'4
Pair of windows to front elevation. Fire surround. Built-in cabinet with display shelves above. 1 double and 1 single panel radiator.

Top (second) Floor

Landing
Double-glazed roof window. Single panel radiator.

Bedroom Two 17'2 x 9'9
Window to front elevation. Single panel radiator.

Bedroom Three 12'10 x 9'8
Square dormer to rear elevation with sash window. Single panel radiator.

Bedroom Four 12'7 x 8'9
Sash window to side elevation. Single panel radiator. Fitted storage cupboard. Eaves storage. Access to Loft Space.

COUNCIL TAX
Band B - £1,347.82 p.a. (2020/2021)

EPC 'E'

SEMI-BASEMENT
33B CLARENDON ROAD. Condition: fair.
Private entrance at rear of property with steps down to UPVC and obscure double-glazed front door and through to:





Reception Hall Main Area: 14'3 x 6'10
Coved ceiling. Single panel radiator.

Bathroom & W.C. 11'8 x 5'2
White suite comprising: panelled bath with mixer tap and shower attachment, handbasin, and low flush w.c. Single panel radiator. Cupboard housing plumbing for washing machine. Extractor. UPVC replacement obscure double-glazed window.

Kitchen 12'10 x 5'2
Fitted base cupboards, work surfaces with tiled surround, single drainer stainless steel inset sink with mixer tap. 'Worcester' gas fired central heating and hot water boiler. Tiled floor. Two UPVC replacement double-glazed windows to side elevation. Doorway to:

Store 9'8 x 4'5
Single panel radiator. UPVC replacement double-glazed window to side elevation. Tiled floor.

Bedroom 16'0 x 9'2
UPVC replacement double-glazed window to rear elevation. Built-in wardrobe. Single panel radiator.

Living Room 20'6 x 14'4
Splay bay to front elevation having UPVC replacement double-glazing. Fire surround. 1 double and 1 single panel radiator.

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

EPC 'D'

HALL FLOOR FLAT
33 CLARENDON ROAD. Condition: good.
Approached in a similar way to No. 31.

Entrance Hall
Built-in cupboard under stairs. Single panel radiator.

Bathroom & W.C.
Contemporary white suite similar to others.

Bedroom One 12'8 x 9'0
UPVC replacement double-glazed window to rear elevation. Double panel radiator.

Bedroom Two 9'3 x 9'2
A dual-aspect room having UPVC replacement double-glazed windows to the rear and side. Built-in cupboard housing 'Vaillant' gas fired central heating and hot water boiler. Double panel radiator.

Living Room & Kitchen 20'9 x 14'4
Coved ceiling with ornate freezer. Splay bay to front elevation having UPVC replacement double-glazing. Feature period fireplace. 2 double panel radiators. Kitchen Area: similar to H.F.F. 31 Clarendon Road.

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

EPC 'C'

UPPER MAISONETTE
33A CLARENDON ROAD. Condition: good.
Private front door at Half Landing level with inner stairs to:

First Floor

Landing
Coved ceiling. Double panel radiator.

Cloakroom & W.C.
Contemporary white suite comprising: low flush w.c. and corner handbasin. Double panel radiator. UPVC replacement obscure double-glazed window.

Bathroom One 11'2 x 5'1
Contemporary white suite similar to others. UPVC replacement obscure double-glazed window to front elevation.

Kitchen 16'1 x 7'9
Contemporary units similar to others, incorporating electric oven and 4-ring gas hob with extractor. Double panel radiator. 'Worcester' gas fired central heating and hot water boiler. UPVC replacement double-glazed window to rear elevation.

Bedroom One 16'1 x 11'10
Coved ceiling with rose. UPVC replacement double-glazed window to rear elevation. Double panel radiator.

Living Room 17'4 x 13'0
Coved ceiling with rose. Pair of UPVC replacement double-glazed windows to front elevation. Pair of built-in display and storage cupboards. Feature fireplace. Double panel radiator.

Top (second) Floor

Landing
Double-glazed roof window. Double panel radiator.

Bedroom Two 17'2 x 9'9
UPVC replacement double-glazed window to front elevation. Double panel radiator.

Bedroom Three 13'7 x 8'11
Square dormer to rear elevation having UPVC replacement double-glazed window. Double panel radiator.

Bathroom & W.C. Two 10'0 x 4'10
Contemporary white suite similar to others. Extractor. UPVC replacement obscure double-glazed window to side elevation.

COUNCIL TAX
Band B - £1,347.82 p.a. (2020/2021)

EPC 'D'

OUTSIDE
FRONT: 31 & 33 Clarendon Road stand back from the road behind a deep, crazy-paved and tree-planted forecourt having a raised border. In addition to a pedestrian gate, a pair of wrought-iron vehicular gates grant access to a shared driveway.
REAR: Behind the properties is a generous garden having a walled surround. The main planted portion is tended by the occupants of No. 33's Semi-Basement Flat, and a smaller area, immediately adjoining the flat, by the occupant of No. 31's equivalent apartment. There are here a PAIR OF SINGLE GARAGES, both of brick construction under a pitched and tiled roof, and having up-and-over door. The right hand of the two is LET as part of the Semi-basement Flat 33, the left hand as part of the Upper Maisonette 33.
There is scope to provide additional open parking, both front and rear, if desired.

VIEWING
By appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(17308/027135)


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