2 Bedroom Mid-Terraced House, Wainscott Road, Southsea, PO4

BUY TO LET INVESTORS ONLY-SOLD WITH TENANTS IN SITU
Current Rent £1200 pcm = Gross Yield 7% pa
Great Location! Near Seafront, Amenities & Bus Routes to Portsmouth
New Boiler 2 years ago
Damp proof course that comes with a 20-year guarantee
EPC C-Potential B
https://find-energy-certificate.service.gov.uk/energy-certificate/3400-2544-8712-0004-7002

This well-presented two-bedroom mid-terraced house offers an excellent investment opportunity for buy-to-let investors, as it is being sold with tenants in situ. Currently achieving a rent of £1,200 per calendar month, the property produces a gross yield of 7 percent per annum. The accommodation is arranged over two floors and features two spacious reception rooms, providing flexible living and dining options. The modern kitchen is well-equipped, and both bedrooms are generously sized. The property benefits from gas central heating, with a new boiler installed just two years ago, and a recently completed damp proof course that comes with a 20-year guarantee (providing peace of mind for future maintenance). With an EPC rating of C and potential to improve to a B, this home is energy efficient. Situated in Council Tax Band B, the property enjoys a convenient location within walking distance of the seafront and local amenities, as well as easy access to bus routes leading into Portsmouth.

Externally, the property offers unallocated on-street parking (subject to availability), making it convenient for residents and visitors alike. The house is ideally positioned for those who appreciate coastal living, with the seafront just a short stroll away, perfect for walks or enjoying the sea air. The surrounding area provides a variety of shops, cafes, and leisure facilities, all within easy reach. Public transport links are excellent, ensuring straightforward journeys to Portsmouth and beyond. This property represents a solid addition to any investment portfolio, combining a strong rental yield with a sought-after location near the coast. Viewings are strictly by appointment, and further details are available upon request.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.