Property description
Fantastic Council Registered C4 HMO Letting Unit - Ideal For Students/Professional Sharers - Offered Chain Free!
Currently producing a rental yield in excess of 5% (calculated on the assumed purchase price of £250,0000 which in our opinion could be improved upon with projections of over 6%, this property offers four bedrooms (three on the first floor and one on the ground) kitchen, separate reception room, four piece bathroom and utility lean to.
This is a fantastic C4 HMO opportunity and viewing is essential to appreciate what is on offer. In our opinion this is a sound investment being sold by a motivated vendor with plenty of scope to improve the current returns as has been let out to family and friends.
Southsea offers great museums, exciting places to visit, and is home to some of the south coast's most historic sites. The shopping area provides a great mix of specialist, unique, and boutique-style shopping together with Debenhams and John Lewis department stores. When you add the beach and the great sea views to a great shopping experience you will certainly want to visit again and again! It's no surprise that the majority of the residential sales in Southsea are to out of town buyers who move from the city to enjoy the relaxed lifestyle on offer.
Southsea provides two distinct shopping areas in close proximity to each other. The town centre shopping is located in and around the Palmerston Road pedestrian area. It's home to well-known brands and has lots of places to enjoy a meal or take a break for coffee and cake.
The area is well-served by public transport, direct transport links offers easy access to London by train or France by ferry. Less than five minutes away from the Town Centre shops you'll find Albert Road, which is home to the King's Theatre. Albert Road provides for a different shopping offer. This area provides a wide and varied range of eateries and bars.
Between the sea and the shops you'll find the great and green open space of Southsea Common. Many of the major events that take place in Portsmouth are based on and around the Common, and when it's not hosting an event, it's a great place to stroll and take a break.
| Bedroom | 9'9\" x 13'7\" (2.97m x 4.14m).
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| Reception Room | 12'9\" x 13' (3.89m x 3.96m).
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| Kitchen | 8'3\" x 10'7\" (2.51m x 3.23m).
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| Bathroom | 8'3\" x 9'2\" (2.51m x 2.8m).
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| Utility | 4'2\" x 9' (1.27m x 2.74m).
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| Landing | 8'3\" x 17'2\" (2.51m x 5.23m).
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| Bedroom | 12'10\" x 11'5\" (3.91m x 3.48m).
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| Bedroom | 9'7\" x 11'9\" (2.92m x 3.58m).
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| Bedroom | 8'3\" x 11'4\" (2.51m x 3.45m).
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