ROI = 8% BMV = 34.58%
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Description
Morris Dibben are pleased to welcome to the market this five bedroom terraced property located in King Street, Southsea. The property was once a large family home with four floors of accommodation and could well be restored to one again if required. Currently it is a HMO and is let for £2150PCM. This generates a yearly income of £25,800 and is being offered with no forward chain. The internal accommodation is split over four floors and comprises: five double bedrooms, two bath/shower rooms, a spacious kitchen/diner and a dedicated laundry room. Externally, there is an enclosed rear garden with wooden gates for access. For further information or to arrange a visit, please contact the Morris Dibben team today.
Find out MoreProperty Details
- Property ID: 150974414
- Added On: 2024-09-21
- Deal Type: For Sale
- Property Price: £425,000
- Bedrooms: 5
- Bathrooms: 1.00
Amenities
- HMO Investment Opportunity
- Tenants in Residence until 2025!
- Central Southsea location
- Offered with No Forward Chain
- Enclosed rear garden with rear access
- Situated in conservation area
- Walking Distance to Shops
- Train Stations and the Seafront
