St. Andrews Road, Hampshire PO5 2 bed flat for sale

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St. Andrews Road, Hampshire PO5 2 bed flat for sale

St. Andrews Road, Southsea, Hampshire, PO5
£140,000

Price History

Initial price £155,000
06/02/25 £140,000
Price Change -9.68%

Description

This neutrally decorated flat is located in the sought-after area of Central Southsea, offering convenient access to local amenities and public transport links, making it an ideal investment opportunity. The property features two bedrooms, one reception room, and a kitchen, with the first bedroom being a generously sized double room with built-in wardrobes and the second bedroom being a comfortable single room with potential for use as a home office or guest room. The reception room provides a great space to relax and entertain guests. With a current rental income of £12,000 per annum and a gross rental yield of 7.7%, this property presents a noteworthy investment opportunity. Additionally, the flat benefits from permit parking on the road and the Freehold is available to purchase separately, making it an attractive option for investors looking to add to their portfolio.