Albert Road, Southsea

Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 1

Agent: Rok Marsh Estate Agents - Portsmouth Phone: 023 9424 3404

Nestled in the vibrant heart of Southsea on Albert Road, this charming two-bedroom first-floor maisonette offers a delightful blend of modern living and convenience. With its own private entrance, the property welcomes you into a practical space ideal for hanging coats, storing shoes, or even accommodating bicycles. The landing area has been cleverly transformed into a home office, providing a perfect spot for remote work or study.<br /><br />The interior of the maisonette is exceptionally well presented, featuring a modern bathroom and kitchen equipped with integrated appliances, including space for a washing machine. New carpets throughout add a touch of comfort and style, making this home ready for immediate enjoyment.<br /><br />Location is key, and this property does not disappoint. Situated amidst the bustling shops, restaurants, and bars of Southsea, it is also conveniently close to schools and just a short stroll from the picturesque seafront and canoe lake. Fratton Train Station is also located close by making commuting a breeze. <br /><br />For those considering investment opportunities, the property has successfully operated as an AirBnB, generating an impressive income of approximately £25,000 per year.<br /><br />Additionally, the maisonette boasts a partly boarded loft space, presenting potential for further development. The property is double glazed, and the interior of the non-connecting walls has been enhanced with thermal plasterboard, ensuring a warm and energy-efficient living environment. The floorboards have been boarded over with hardboard for added insulation.<br /><br />The lease, signed in 2007, has 107 years remaining, with a nominal ground rent of £250 per year. There are no maintenance charges, although the freeholder is open to arranging this if desired, allowing for a straightforward split of external maintenance responsibilities.<br /><br />This maisonette is a rare find in a sought-after location, perfect for both first-time buyers and investors alike.<br /><br />