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Lumsden Road, Eastney

PROPERTY TYPE

Ground Maisonette

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Lock Lake Views
  • Fantastic Investment (9.60% gross yield)
  • 3 Bedrooms
  • Quiet Position on Outskirts of Development
  • Neutrally Decorated
  • No Forward Chain
  • Ground Floor Maisonette

Description

PROPERTY DESCRIPTION We are delighted to present this expansive three-bedroom ground-floor maisonette, situated in a serene locale, boasting breathtaking views of the Lock Lake. This property is an exceptional investment opportunity, offering an impressive 9.60% gross yield and is available with no forward chain.

Key features include a UPVC double-glazed front door opening into an entrance hall with a spacious under-stairs recess ideal for a study, a generous kitchen/dining room, and a separate lounge. The first floor comprises three bedrooms: a master and guest bedroom, both doubles with fitted storage, and a third single bedroom. The family bathroom completes the internal accommodation.

A standout feature of this property is the stunning views over Lock Lake, which can be enjoyed from both the master bedroom and the third bedroom.

With a current rental income of £1200 per month until May 2025, this property ensures a remarkable 9.60% gross yield, making it a fantastic investment. Additionally, residents' permit parking is available, subject to successful application.

Lease Details:

125-year lease from 2007 (109 years remaining)
Ground Rent: £200 p.a.
Service Charges: Approximately £1200 p.a.
Do not miss out on this unique opportunity to own a prime piece of real estate with superb returns and stunning vistas. 
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated,Permit,Off street
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lumsden Road, Eastney

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Fratton Station1.6 miles
  • Portsmouth & Southsea Station2.3 miles
  • Hilsea Station2.8 miles
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About the agent

Martin & Co, Portsmouth

4 Grove Road South Southsea Portsmouth PO5 3QT

Martin & Co, Portsmouth

Martin & Co Portsmouth have become one of the leading Letting agents in the Portsmouth area, with a high commitment to compliance and first class customer service, along with our in-house property management department. We launched our Sales department in 2015 and now offer an unrivalled service not only to our landlords, but also to sellers, buyers and property investors. Our experienced staff between them have a combined over 50 years dealing with property. Whether a landlord, tenant, buyer

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Industry affiliations

National Association of Estate AgentsAssociation of Residential Letting Agents

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Disclaimer - Property reference 100667005368. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Portsmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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