House For Sale Fawcett Road, Southsea
Description
**SOLD OFF-MARKET**SIMILAR HMOs REQUIRED FOR HIGH DEMANDING MARKETPLACE** Darrell Manchip at NEXA Properties is delighted to introduce this five double bedroom student HMO for sale with no onward chain. Fully let at £2130pcm (£23,430 per annum), the house has tenants in situ until August 2022 and caters for multiple investment business models – most noticeably, the option to convert the loft to create additional bedrooms (subject to planning.) Call now to arrange your appointment to view.
LOUNGE 12′ 5" x 9′ 3" (3.78m x 2.82m)
KITCHEN 11′ 9" x 8′ 8" (3.58m x 2.64m)
UTILITY ROOM 9′ 4" x 4′ 4" (2.84m x 1.32m)
BATHROOM
DOWNSTAIRS WC
BEDROOM ONE 14′ 0" x 10′ 9" (4.27m x 3.28m)
BEDROOM TWO 11′ 4" x 10′ 10" (3.45m x 3.3m)
BEDROOM THREE 11′ 9" x 9′ 4" (3.58m x 2.84m)
BEDROOM FOUR 11′ 4" x 11′ 0" (3.45m x 3.35m)
BEDROOM FIVE 14′ 0" x 13′ 0" (4.27m x 3.96m)
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Description
**SOLD OFF-MARKET**SIMILAR HMOs REQUIRED FOR HIGH DEMANDING MARKETPLACE** Darrell Manchip at NEXA Properties is delighted to introduce this five double bedroom student HMO for sale with no onward chain. Fully let at £2130pcm (£23,430 per annum), the house has tenants in situ until August 2022 and caters for multiple investment business models – most noticeably, the option to convert the loft to create additional bedrooms (subject to planning.) Call now to arrange your appointment to view.
LOUNGE 12′ 5" x 9′ 3" (3.78m x 2.82m)
KITCHEN 11′ 9" x 8′ 8" (3.58m x 2.64m)
UTILITY ROOM 9′ 4" x 4′ 4" (2.84m x 1.32m)
BATHROOM
DOWNSTAIRS WC
BEDROOM ONE 14′ 0" x 10′ 9" (4.27m x 3.28m)
BEDROOM TWO 11′ 4" x 10′ 10" (3.45m x 3.3m)
BEDROOM THREE 11′ 9" x 9′ 4" (3.58m x 2.84m)
BEDROOM FOUR 11′ 4" x 11′ 0" (3.45m x 3.35m)
BEDROOM FIVE 14′ 0" x 13′ 0" (4.27m x 3.96m)
Additional Features
- - £23,430 GROSS ANNUAL INCOME
- - 8.52% GROSS YIELD
- - FIVE DOUBLE BEDROOMS
- - SUCCESSFUL STUDENT HMO
- - UPLIFT POTENTIAL (STP)
- - SOUGHT AFTER LOCATION
- - TENANTS IN SITU UNTIL AUGUST 2022
- - C4 HMO WITH PLANNING
- - APPROX £20,000 NET ANNUAL INCOME
- - CIRCA 7.4% NET YIELD
Agent Information
