CHARTED SURVEYORS AUCTIONEERS ESTATE AGENTS VALUERS

Auction Guide Price £250,000 - Available

Pitcroft Road, North End, Hampshire

3 bedroom - Semi
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TO BE SOLD BY PUBLIC AUCTION THURSDAY 26th SEPTEMBER 2019.GUIDE PRICE: �250,000-�260,000.OF INTEREST TO INVESTORS IN PARTICULAR: THIS SEMI-DETACHED PART-POSSESSION PROPERTY ARRANGED AS FRONT AND REAR UNITS (1 X ONE BEDROOM, 1 X TWO), one now VACANT, the other LET on an Assured Shorthold Tenancy at �7,800 p.a. Potential gross yield of 6.6%.Pitcroft Road runs between Stamshaw Road and Derby Road, Nos. 56 and 56a being on the south side. A little to the west of the main London Road this convenient position is within comfortable reach of a wide range of public amenities including: local shops, recreation facilities, schools, and motorway link.The property itself has rendered elevations under a modern tiled roof, the facade incorporating double splay bay windows. To the front is a shallow forecourt and to the rear an average-sized garden with walled and fenced surround. It is now arranged as two houses (consent granted 27.2.2006), the front with two bedrooms, the rear with one. Both have been let successfully for a number of years by our client, producing a lucrative return.

This opportunity is presented now with part-possession, the rear being let at �650 p.c.m. for 12 months from 21.11.2018, the larger front part having the benefit of Vacant Possession. An excellent addition to any investment portfolio, or well-suited to "home and income" use. Full particulars are given as follows:

56
Approached via side of property, with panelled door to:

'L'-SHAPED ENTRANCE HALL
Staircase to first floor having turned-wood balustrade together with useful cupboard under. Double panel radiator.

LIVING ROOM 17'0 x 12'7
Sash windows to front bay window. Cast-iron period fireplace. Double panel radiator.

KITCHEN/BREAKFAST ROOM 11'10 x 11'11
Side bay with sash windows. 'Baxi' gas fired central heating and hot water boiler. 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.

FIRST FLOOR

LANDING
Access to Loft Space. Useful storage recess.

BEDROOM ONE 17'0 x 12'7
Sash window to front bay. Double panel radiator.

BEDROOM TWO 11'11 x 9'7
Window to side elevation. Double panel radiator.

BATHROOM & W.C.
White suite comprising: panelled bath with mixer tap and shower attachment, pedestal handbasin with mixer tap, low flush w.c. Extractor. Single panel radiator. Part obscure-glass window.

COUNCIL TAX
Band 'B' - £1,295.66 per annum (2019/20)

56A
Private access via sideway and UPVC obscure double-glazed rear outer door to:

LOBBY
Inner door to:

KITCHEN/BREAKFAST ROOM 11'10 x 8'9
A dual-aspect room with UPVC replacement double-glazed windows to the side and rear. Range of fitted base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel sink unit with mixer tap. Incorporating: electric oven and 4-ring gas hob with extractor canopy. Plumbing for washing machine. Gas fired central heating and hot water boiler. Double panel radiator. Door to:

LIVING ROOM 12'0 x 11'6
UPVC replacement double-glazed window to side elevation. Double panel radiator. Open-plan staircase, with turned-wood balustrade, to:

FIRST FLOOR

LANDING

BATHROOM & W.C.
An 'L'-shaped room with white suite comprising: panelled bath having mixer tap and shower attachment, bidet, pedestal handbasin, and low flush w.c. Double panel radiator. Extractor. One large and one small UPVC replacement obscure double-glazed window.

BEDROOM 12'1 x 11'6
UPVC replacement double-glazed window to side elevation. Double panel radiator.

OUTSIDE
FRONT: Walled forecourt.
REAR: Rear: Depth: 22'9 (6.93m) Width: 19'2 (5.84m) Average-sized garden with southerly aspect, walled and fenced surround, two sheds, and mature tree. External W.C. Side pedestrian access.

COUNCIL TAX
Band 'B' - £1,295.66 per annum (2019/20)

VIEWING
By appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(17188/024048)


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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 Assistant
hannah@nesbits.co.uk

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

Alison Weeden - Secretary
alisonw@nesbits.co.uk

RICS

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