£329,500

   

ROI = 7% BMV = 8.26%
Description

FOUR BEDROOM HMO An excellent opportunity to acquire a well-established HMO in the sought-after area of Swaythling, within easy walking distance of the University of Southampton's Highfield Campus. This semi-detached property, listed by Goadsby estate agents in Southampton, offers strong rental demand and a solid return on investment, making it an attractive addition to any portfolio. The accommodation comprises three first-floor bedrooms, a fourth bedroom on the ground floor, a spacious open-plan kitchen/diner, a convenient ground-floor W.C. and a first-floor bathroom. Externally, the property benefits from a private garden and off-road parking. Currently let at £21,000 per annum, with a proposed increase for 2025-2026 delivering a yield approaching 6.5%, this investment offers immediate income with potential for further growth. A new tenancy agreement is in place for the next academic year, pending references, ensuring continued rental stability. Additional features include gas central heating and UPVC double glazing for improved energy efficiency. With its prime student location, strong yield and secure tenancy agreements, this is a fantastic investment opportunity not to be missed. Contact Goadsby estate agents today for further details or to arrange a viewing. Additional Information Tenure: Freehold Parking: Allocated Utilities: Mains Electricity Mains Gas Mains Water Mains (metered) Drainage: Mains Drainage Windows: Double Glazed Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: refer to gov.uk, check long term flood risk Council Tax Band: C DRAFT DETAILS We are awaiting verification of these details by the seller(s). ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.   These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract. Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.

Find out More
Property Details
  • Property ID: 158810597
  • Added On: 2025-02-28
  • Deal Type: For Sale
  • Property Price: £329,500
  • Bedrooms: 4
  • Bathrooms: 1.00
Amenities
  • Prime location
  • close to Highfield University
  • A well-established HMO
  • Strong rental demand
  • Currently let at £21,000 per annum
  • Garden and parking