Mid Terraced House, Stubbington Avenue, Portsmouth - Nexa
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Sold

Mid Terraced House, Stubbington Avenue, Portsmouth

Portsmouth
£375,000
5Beds
5Baths
Property ID: 103284001735

Description

**9.2% GROSS YIELD**FULLY LET PROFESSIONAL HMO**FIVE EN-SUITE DOUBLE BEDROOMS** Darrell Manchip at NEXA Properties is delighted to market this professional HMO for sale on Stubbington Avenue. Fully let, the house was recently refurbished and features five double bedrooms, all with full en-suite shower rooms. The house benefits from a great size communal living area, benefitting from a modern fitted kitchen, low maintenance rear garden and a separate utility area. Returning £2875pcm, this property provides a 9.2% gross yield. Call now to book your viewing.

**There is also the option to purchase 100% shares of the limited company that owns this and two other similar HMO properties; in doing so, a stamp duty bill of just 0.5% would be payable. Ask Darrell for more information on the portfolio.**

Brochure & Floor Plans

Additional Features

  • - 9.2% GROSS YIELD
  • - FIVE DOUBLE BEDROOMS
  • - PROFESSIONAL LET
  • - ALL EN-SUITE BEDROOMS
  • - RECENTLY REFURBISHED
  • - CIRCA 8.2% NET YIELD
  • - LOW MAINTENANCE REAR GARDEN
  • - £2875PCM RENTAL INCOME
  • - SOUGHT AFTER LOCATION
  • - GREAT ADDITION TO INVESTMENT PORTFOLIO
Contact

Agent Information

Darrell Manchip

Mobile: +44 (0) 7920423034 Email: darrell@nexaproperties.com
Darrell Manchip joined NEXA in April 2018 after spending two years overseeing the sales department of a successful independent Estate Agency in Waterlooville. Driven by the potential of our unique business model, he left the comfort of a secure position within an established company to focus on building his own personal brand within a very […]

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