Tenure: Freehold
Looking to purchase your first HMO or expand your portfolio - this is an easily managed investment located in the popular Portswood area of Southampton. This four bedroom terraced house is currently owned by a professional investor and is currently tenanted with an annual gross rent of £18,900 giving a gross yield of 6.75%.
Spacious and bright, this property is set out over two floors and is being sold as is - fully furnished and with white goods. It has been maintained well by the owner with the tenants taking good care of the house making it very appealing for groups of students or professionals with easy access to Solent University and Southampton University plus the vast selection of shops, bars & restaurants in Portswood.
The ground floor has a large double bedroom, cosy living room for relaxing & enjoying the company of your housemates & friends, a large fitted kitchen with breakfast bar and to the rear the family bathroom with shower enclosure & electric shower, wc and whb.
On the first floor you will find three more good sized double bedrooms and an additional shower room with electric shower.
To the rear is a small back yard and parking is on-street subject to the council regulations.
PRACTICALITIES:
Title : Freehold
EPC Rating: C
Council Tax Band: B (£1,600.95 for 2023/24)
HMO licence for 4 persons
Planning : the property has been granted the Certificate of Lawful Use
No Chain
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
EPC rating: C. Council tax band: B, Domestic rates: £1600.95, Tenure: Freehold,