I’ve just taken this little beauty on the market today. It has two bedrooms, two en suites and a lounge/diner. Only slight negative is that it has a communal garden…. But actually thinking about it, this could be a good thing… Tenants aren’t always big fans of maintaining gardens so perhaps having it done for them would be ideal!
Up for sale at £169,950 the property would probably get around £725 monthly rental, meaning it’s a 5.1% gross yield. apart from a very small amount of TLC inside, maintenance costs should be pretty low due to the fact that it’s leasehold (all in £400 per annum), so all communal areas are maintained.
Being on Titchfield Road, close to Stubbington village and with easy access routes out to the Fareham it’s a little gem!