Lumsden Road, Southsea
About this home
Property Details: - Type: Maisonette - Bedrooms: 3 - Bathrooms: 1
Agent: Rok Marsh Estate Agents - Portsmouth Phone: 023 9424 3404
Investment Opportunity | Tenant in Situ | No Forward Chain<br/><br/>Offered exclusively to investors, this spacious three-bedroom maisonette on Lumsden Road presents an excellent buy-to-let opportunity with a long-term tenant already in residence and wishing to remain. Generating a current rental income of approximately £12,000 per annum, the property provides immediate income from day one without the uncertainty of a void period.<br/><br/>The accommodation comprises a generous lounge, fitted kitchen, three bedrooms and a family bathroom, all presented in good overall condition. Positioned close to local amenities, transport links and Southsea's seafront attractions, the property remains a consistently appealing rental proposition.<br/><br/>A significant advantage is that the sale is offered with no forward chain, allowing for a straightforward purchase process. Furthermore, the seller is prepared to contribute towards, or potentially cover, the buyer's Stamp Duty Land Tax, subject to the agreed purchase price and terms.<br/><br/>This is a rare opportunity to acquire an established investment with proven occupancy, immediate income and a tenant keen to remain in place.<br/><br/>Investor buyers only. Tenant in situ. Sold very well priced as a result.<br/><br/><b>Stamp Duty Incentive</b> - Subject to a suitable offer, the vendor is prepared to pay the second property stamp duty tax as an incentive to the buyer.<br/><br/>
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