Initial price	£120,000
13/08/24	£110,000
Price Change	-8.33%

assistant Here is a summary of the property description in a single paragraph: A vacant two-bedroom upper maisonette is being sold by public auction with a guide price of £100,000-£110,000. The property is located on Albert Road, a prominent and varied commercial/residential thoroughfare, and is just a short distance from Southsea Seafront. The maisonette is presented in fair order and has the benefit of vacant possession. It is suitable for investment or owner-occupation and has a projected rental return of around £1,000 per month, equivalent to a lucrative gross yield of 10% per annum. The property has a short remaining lease term and requires modest refurbishment. It is being sold with a 99-year leasehold from 1992, with a service charge of 60% of building outgoings and a ground rent of £90 per annum.