castle road, southsea

Studio | £500,000 | Freehold

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An excellent opportunity to acquire the freehold of this attractive mixed-use property located on the highly sought-after Castle Road in the heart of Southsea. The property comprises a ground floor retail unit together with two self-contained residential flats arranged over the first and second floors. Flats benefit from separate access via a side passage and stairway to personal front doors. All elements of the property are currently let, producing a combined gross annual income of £38,720, making this a strong, income-generating investment with minimal management required. We understand that the property is not elected for VAT.
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Council Tax Band: TBC

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Hi David I wanted to say thank you for all of your hard work over the last few months, finding a buyer for my house during the national lockdown and managing the viewings so that we minimised the risk of Covid being introduced into my property whilst my wife and I were shielding. It was not a great time to be selling a house, but we did find a good cash buyer and were able to complete the transaction quickly with the minimum of hassle. Heidi and I will certainly make Pearsons our first phone call, when we are ready to move from the house that we are currently living in. Best wishes, thank you and regards to the whole team
R & H T

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