Sold STC

Station Road, Hayling Island, Hampshire, PO11

Offers over £280,000
  • 2 beds
or call 01243 374 711
Gina Overington
Emsworth
emsworth.sales@leaders.co.uk

Key Features

  • Investment/Development Opportunity
  • Potential for 7% Gross Annual Yield
  • Commercial and Residential Lease
  • Freehold Purchase
  • Future Potential and Further Options
  • Parking for Several Vehicles
  • Well Presented Throughout
  • Courtyard Rear Garden
  • No Onward Chain
  • Walking Distance to Local Amenities

Description

SALE AGREED STC BY LEADERS SIMILAR PROPERTIES REQUIRED



An ideal investment opportunity set within a desirable location close to the seafront of Hayling Island. Boasting a yield of 7% the investment briefly comprises of 2x studio apartments and a commercial unit which the business has been running for circa. 40 years. The first floor accommodates two contemporary studio apartments. Flat A has a fresh white tilled kitchen, the bathroom is a modern suite with corner shower and extra space with plumbing for the washing machine. The bedroom/living space is welcoming and bright from dual aspect windows. Flat B offers an entrance hall, handy for shoes and coats. The bathroom is straight ahead, which is again a fresh modern suite. The kitchen/diner flows into the bedroom/living space giving the impression of a large open plan feel throughout. There is a shared outside courtyard area for the use of both apartments which is also home to a separate storage facility. Parking is available for several vehicles. The downstairs commercial unit is currently set up with a waitng room to the front of the building and 4 separate office spaces. There is also a tidy kitchen to the rear, which allows access to the rear courtyard.



`'These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.



Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 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.''

Handy Information

  • EPC
    unknown Rating
  • Council Tax BANDS
    £106.79 per month
  • Broadband Speed
    80 mbps
Calculate stamp duty online
£

Notes

The stamp duty calculator presumes that none (or part) of the property qualifies as mixed-use for which the current SDLT would be 3%.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are correct as of 1st October 2021, which are subject to change at any time

Click here for more information

Sold STC

Station Road, Hayling Island, Hampshire, PO11

Offers over £280,000
  • 2 beds
or call 01243 374 711
Gina Overington
Emsworth
emsworth.sales@leaders.co.uk

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