Flat For Sale Palmerston Road, Southsea
Description
Lounge/Diner
17’7 x 17’4
Kitchen
9’5 x 6’2
Bedroom
14’3 x 11’10
Bathroom
50% Share of Freehold
Purchashing Share of Freehold means a 50% ownership of the block which comprises four apartments and one commercial property.
Yourself and the other Freeholder would split equally the £250 annual ground rent from the commercial leaseholder, and the £100 annual ground rent from each of the remaining two residential leaseholders, totalling £450 per annum.
This results in your receiving £225 per annum in ground rent from owning the 50% share of freehold.
Our mortgage calculator is for guidance purposes only, using the simple details you provide. Mortgage lenders have their own criteria and we therefore strongly recommend speaking to one of our expert mortgage partners to provide you an accurate indication of what products are available to you.
Description
Lounge/Diner
17’7 x 17’4
Kitchen
9’5 x 6’2
Bedroom
14’3 x 11’10
Bathroom
50% Share of Freehold
Purchashing Share of Freehold means a 50% ownership of the block which comprises four apartments and one commercial property.
Yourself and the other Freeholder would split equally the £250 annual ground rent from the commercial leaseholder, and the £100 annual ground rent from each of the remaining two residential leaseholders, totalling £450 per annum.
This results in your receiving £225 per annum in ground rent from owning the 50% share of freehold.
Additional Features
- - NO ONWARD CHAIN
- - SHARE OF FREEHOLD
- - ONE BEDROOM APARTMENT
- - SPACIOUS LOUNGE
- - PRIVATE PARKING
- - HIGHLY SOUGHT AFTER LOCATION
- - CLOSE TO SEAFRONT
- - CLOSE TO LOCAL AMENITIES
- - IDEAL FIRST HOME
- - INVESTMENT OPPORTUNITY (CURRENTLY £835PCM)
- -