This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 1st October 2021.
1/18
£500,000
6 bedroom Property for sale, St. Edwards Road, Southsea, PO5
Features and Description
- Six Bedrooms
- Achieving £32,400 PA Rental Income
- Tenants in Situ
- 6.5% Gross Yield
- No Chain
- Two Kitchens
- Private Rear Garden
- Four Floors
- Prime Southsea Location
- Currently Managed by LetCo
** SIX BEDROOM HMO PROPERTY IN SOUTHSEA WITH TWO KITCHENS AND PRIVATE GARDEN - ACHIEVING £32,400 PA SOLD WITH TENANTS IN SITU **
Presenting a unique opportunity for investment buyers, this end of terrace property is currently being utilised as a HMO, achieving an impressive rental figure of £32,400 per annum. The property is being sold with tenants in situ until August 2025, providing immediate income upon purchase.
The property boasts six generously-sized bedrooms and two bathrooms, making it an ideal investment for those seeking a healthy-yield return. The property is spread across four floors, offering ample space for tenants. There are two kitchens to be utilised by those occupying the property.
One of the highlights of this property is its fantastic Southsea location. It's close to the seafront and benefits from excellent public transport links. Local amenities are also within easy reach, adding to the appeal for prospective tenants.
Additional features include a charming courtyard garden and a convenient separate WC. The property retains its character as an end of terrace house, making it a truly unique investment opportunity for any keen property investors.
Kitchen - 3.6 x 2.9 (11'9" x 9'6")
Utility Room - 2.3 x 1.6 (7'6" x 5'2")
Bathroom - 2.3 x 1.7 (7'6" x 5'6")
W/C - 1.2 x 0.9 (3'11" x 2'11")
Kitchen - 2.7 x 2.4 (8'10" x 7'10")
Living Room - 6.5 x 4.7 (21'3" x 15'5")
Bathroom - 1.9 x 1.6 (6'2" x 5'2")
Bedroom 1 - 4.7 x 4.5 (15'5" x 14'9")
Bedroom 2 - 3.9 x 2.4 (12'9" x 7'10")
Bedroom 3 - 3.8 x 2.9 (12'5" x 9'6")
Bedroom 4 - 3.8 x 2.9 (12'5" x 9'6")
Bedroom 5 - 3.9 x 3.4 (12'9" x 11'1")
Bedroom 6 - 4.7 x 4.4 (15'5" x 14'5")
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month's rent is required. Rent is to be paid one month in advance. It is the tenant's responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
St. Edwards Road, Southsea, PO5
Additional Information
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Property ref101586005712
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