- GREAT INVESTMENT OPPORTUNITY +
- HMO WITH CERTIFICATE OF LAWFUL USE +
- FIVE DOUBLE BEDROOMS & STUDY +
- THREE BATHROOMS +
- SPACIOUS COMMUNAL OPEN PLAN LIVING ROOM/KITCHEN +
- REAR GARDEN +
- POPULAR WITH STUDENTS +
- CURRENT GROSS YIELD 6.9% +
Currently let at an annual rent of £27,600 with a gross yield of 6.9% PLUS a new tenancy in place for 2025-2026, this is a fabulous five bedroom HMO with additional study has proven to be very popular with tenants, both groups of students and professionals.
Tenants enjoy socialising in the large communal open plan kitchen & living room which is comfortably furnished with sofas and coffee table and looks out into the large rear garden. The fitted kitchen has an abundance of worktop & cupboard space with a large fridge/freezer, oven ,hob & washing machine - plenty of room to rustle up a meal or late night snack. The five bedrooms are are sizeable doubles with room to make a peaceful haven from the hustle & bustle to sleep and study. Completing the accommodation are the three bathrooms - one with shower over bath, one with shower enclosure & one lucky bedroom with an en-suite shower room.
To the rear there is a large garden to enjoy the sunshine plus a large brick-built shed to store bicycles etc. Plus an added bonus of space for two cars in the driveway.
Located on Avenue Road inbeween Portswood & The Avenue, it has good access to the shops, bars & restaurants of Portswood and the city centre with its vast choice of eating and recreational amenities. It is popular with students attending both Southampton University and Solent University with good access to both.
PRACTICALITIES:
Title : Freehold
EPC Rating: D
Council Tax Band: D (£2156.99 for 2023/24)
HMO licence for 5 persons
Planning : The property has been granted the Certificate of Lawful Use
No Chain
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
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EPC rating: D. Tenure: Freehold,