This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£325,000
2 bedroom Mid Terrace House for sale, Pains Road, Southsea, Hampshire, PO5
Features and Description
- Highly sought-after location
- Currently four bedrooms
- Multiple fireplaces
- Large basement
- Garden
- No onward chain
- Close to University
- Excellent public transport links
- Estimated rental income £1800
Presenting a large terraced house, situated in the highly sought-after location of central Southsea. This property is currently listed for sale, offering a perfect opportunity for investors and families alike.
The house features a neutral decor throughout, providing the perfect canvas for buyers to put their own stamp on it. Currently offering a total of four bedrooms, one reception room, a kitchen, and a bathroom, the property is versatile and can accommodate a range of living situations. The house has a proven track record as a rental property, making it an ideal rental investment with an estimated rental income of £1800 per calendar month. Alternatively, it can be easily converted into a spacious family home.
Adding to the charm of the house are multiple fireplaces and a garden, creating a warm and inviting atmosphere. A distinguishing feature of this property is its large basement, which presents an excellent project for those willing to convert it. This could add substantial square footage to the property, thus increasing its value significantly.
The property is in Council Tax Band B and has an EPC rating of D. It's worth noting that the property is offered with no onward chain, making the purchasing process smooth and hassle-free.
The location is nothing short of perfect. Close to the University and local amenities, and with excellent public transport links, this property combines convenience and comfort. The potential of this property is immense, making it an opportunity not to be missed.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Pains Road, Southsea, Hampshire, PO5
Additional Information
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Property refSSE240516
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TenureFreehold
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Council TaxB
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Local authorityPortsmouth City Council
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Your Move Estate Agents Southsea
Your Move Southsea
21 Marmion Road, Southsea, Portsmouth, PO5 2AT
Mon - Fri09:00 - 18:00Saturday09:00 - 16:00SundayClosed
Disabled access available
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Borrowing £292,500 and repaying over 25 years with a 2.5% interest rate.
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