9 Bed HMO, Southampton, SO17 3RT, £825,000

Upper Shaftesbury Avenue, Highfield, Southampton, Hampshire, SO17 3RT - 6 views - 5 months ago

HMO
Planning
~279 m²
+7 photos

ValuationOvervalued











Investment Opportunity























Property History

Price changed to £825,000

January 31, 2025

Listed for £850,000

October 31, 2024

Floor Plans

Description

  • Sizeable detached investment property +
  • HMO arranged as eight bedsits and a one-bed flat +
  • Planning granted in 2004 to create five bedsits and four self-contained units +
  • Currently generating of circa £56,712 pa income +
  • Ideally placed for the University and city centre +
  • Popular residential area close to local schools and shops +
  • Detached garage/workshop +
  • Driveway allowing off-road parking +

Currently generating an income of circa £56,712 pa and therefore of interest to investors, landlords or developers, this sizeable detached residence is a HMO and is positioned in a highly sought-after location and ideally placed for access to the nearby university campus.

The ground floor layout comprises a large hallway with a cloakroom and three bedsits. A further one-bedroom flat is approached via an internal door as well as an external rear door. On the first floor there are five further bedsits served by two separate shower rooms. Planning permission was previously granted in 2004 for an extension to the left of the existing property to create in total five bedsits and four self-contained flats. Currently to the left there is car parking and a garage/workshop. A small lawned area with shrubs is found to the right of the house.

Council Tax Band E

Highfield is a highly sought-after residential area and is a short distance from The Common, city centre and the main university campus. Extensive shopping facilities that includes Sainsbury's and Waitrose together with cafes and bars are found nearby in Portswood Broadway. The Jubilee sports hall that has a gym and an indoor swimming pool is located in University Road and the Turner Sims concert hall is close by. A variety of popular pubs are within close proximity and the M3 & M27 motorway networks are easily reached. The Parkway railway station (opposite the international airport) provides a fast route to Waterloo.

Agent Details

Charters, Southampton

0238 144 9902

Next Steps?

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