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Buy to Let
land/development plot for sale - Southwood Road, Hayling Island, Hampshire, PO11 - Property View 1
  • land/development plot for sale - Southwood Road, Hayling Island, Hampshire, PO11 - Property View 2
  • land/development plot for sale - Southwood Road, Hayling Island, Hampshire, PO11 - Property View 3
Buy to Let
land/development plot for sale - Southwood Road, Hayling Island, Hampshire, PO11

£1,375,000

Asking price

Southwood Road, Hayling Island, Hampshire, PO11

land/development plot for sale

    • Gross Yield: 6.7%
    • Monthly Rental Income:£7,700 pcm (£92,400 PA)

    Key Features

    • Block Investment Opportunity
    • Six sea-front apartments
    • Residents’ parking
    • No forward chain
    • Communal gardens with direct beach access

    Description

    Investment Opportunity: Six Two-Bedroom Flats with Direct Beach Access and Sea Views

    Currently configured as six two-bedroom flats, each with direct beach access and stunning sea views, this property offers an attractive annual rental return of £77,400 under existing Assured Shorthold Tenancies (ASTs).

    Flat Details:

    Flat 1: Two bedrooms, one bathroom, lounge/diner, private patio with sea view

    Flat 2: Two bedrooms, one bathroom, lounge/diner, private patio with sea view

    Flat 3: Two bedrooms, two bathrooms, lounge/diner overlooking car park

    Flat 4: Split-level, two bedrooms, two bathrooms, study, lounge/diner, balcony with sea views

    Flat 5: Split-level, two bedrooms, two bathrooms, study, lounge/diner, balcony with sea views

    Flat 6: Two bedrooms, one bathroom, lounge/diner, north-facing with slight sea view

    Additional features include a communal residents-only car park and EPC rating C for all flats. Heating is supplied via Economy 7 electric systems, with no gas on the property.

    Agent Notes: Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £96 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.
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    Location

    Southwood Road, Hayling Island, Hampshire, PO11

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    2024-06-06 14:17:03
    2025-11-28 14:12:28

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