Summary - Drayton Road, Portsmouth, PO2 PO2 0BX
3 bed 2 bath Flat
**Standout Features:**
- Portfolio of 2 self-contained flats
- Long-term tenants already in place
- Generating current annual gross income of £21,360, with potential to increase to £25,800
- Freehold tenure providing ownership flexibility
- Excellent mobile signal and fast broadband speeds
**Summary:**
Discover a lucrative buy-to-let opportunity with this portfolio of two well-maintained Victorian flats in Portsmouth. Each flat boasts its own private entrance, kitchen, and bathroom, providing a comfortable living space for tenants. The current gross annual income of £21,360 presents a solid return on investment, with the potential to escalate to £25,800. This is an exceptional opportunity for discerning investors or developers looking to expand their portfolios or enter the rental market.
Set in a vibrant residential area, these flats cater well to families and working professionals, given proximity to reputable schools and an array of local amenities including supermarkets, cafes, and public transport. While the average crime rate and area deprivation may warrant consideration, the property's solid tenant base and promising rental yields offer an appealing balance of risk and reward. With minimal refurbishment needed, you can step into a profitable investment that offers immediate cash flow and future growth potential. Don’t miss your chance to secure these exclusive assets!
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