£325,000

4 bedroom end of terrace house for sale

Westfield Road, Southsea
terraced house terraced house
bedrooms 4 bedrooms
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Property description

* NO FORWARD CHAIN*

4 double bedroom HMO with 4 bathrooms, communal reception, kitchen and courtyard after being freshly re-developed in the last 12 months, providing an active income of £2,850pcm in rental income, in the desirable area of Southsea.

RICS Residential Survey conducted in Sept '24 at value of £355,000

HMO Licence was obtained with in the last 12 months and renewed in Feb '25, with gas safe & electrical safe certificates in place.

Can easily be re-utilised as a family home if desired.

Room Rates - The property in over 12 months has had a 100% occupancy rate, with each room receiving £750, £800, £750 and £550 respectively. Presently all occupied.

Note From The Vendor - The vendor is looking to sell due to opportunities abroad.

Note From The Agent - This is a modern and well laid out HMO with great returns and very little work work required, to provide a steady and decent rental income, in a high demand area, a great find.
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Westfield Road, Southsea

Marketed by

Rok Marsh Estate Agents - Portsmouth Gatcombe House Copnor Road Portsmouth, Hants PO3 5EJ
Call agent on 023 9424 3404
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