ROI = 10% BMV = 18.13%
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Description
*** FREEHOLD INVESTMENT OPPORTUNITY *** *** SHOP AND MAISONETTE *** *** CURRENTLY LET *** *** 5 BED HMO *** *** SEPARATE SHOP *** *** GROSS RETURN ON INVESTMENT OF 11.7% ON CURRENT RENTS *** A unique opportunity to acquire a freehold block in the sought after Marmion Road. Comprising of a lock-up shop to the ground floor (currently tenanted) and a 5 bed maisonette to the rear and above. The maisonette has been used for many years as an HMO and is currently let to professional tenants on a room by room basis. All in all this is a rare opportunity so we would encourage early interest. Ground Floor - Entrance to maisonette via door to the right of the shop front. Door to shop to the left. Hallway to kitchen/lounge, door to ground floor bedroom and stairs to the upper floors. Kitchen/Lounge - W/C - Bedroom One - First Floor - Bedroom Two - Bathroom - Bedroom Three - Bedroom Four - Second Floor - Bedroom Five - Rear Courtyard Garden - Shop - Accessed from Marmion Road. Area of retail space to the front with shop counter and partition providing access to a kitchenette.
Find out MoreProperty Details
- Property ID: 158662226
- Added On: 2025-02-25
- Deal Type: For Sale
- Property Price: £380,000
- Bedrooms: 5
- Bathrooms: 1.00
Amenities
- FREEHOLD BLOCK ON SOUGHT AFTER ROAD
- CURRENTLY LET
- 5 BED HMO
- SEPARATE SHOP
- OF INTEREST TO INVESTORS
- GROSS RETUN (ON CURRENT RENT) OF CIRCA 11.7%
- CENTRAL SOUTHSEA LOCATION
- TENANTS IN SITU
- A UNIQUE OPPORTUNITY
