- Six Large Double Bedrooms HMO + 1 Bed Flat +
- Spacious Modern Kitchen with White Goods Included +
- Sold as a Going Concern +
- Tenanted Until Summer 2026 +
- Private Off Road Parking +
- High ROI +
- Optimal Rental Locatiom +
- High Quality Modern Finish Throughout +
- Convenient and Premium Romsey Road Location +
- Opportunity to Avoid Majority of Stamp Duty +
Fantastic high quality property, that couldn't be situated more ideally for investment and rental purposes.
2 properties in one.
The first being a high quality 6 bedroom HMO, currently rented for gross income of £4,080 per month/ £48,960 PA until summer 2025, with an incoming tenancy until 2026 for a gross £4,420 per month/ £53,040!
Comprised of 6 well sized double bedrooms, all in good decorative order and sold with furnishings included. 2 large and high quality full bathrooms with double walk in showers.
Separate high quality lounge space and kitchen, providing tenants with a well located and top quality condition rental experience, just a stones through from University, Hospital, Town Centre and Train Station.
The property also benefits from allocated private off road parking to the rear.
The second property being a separate basement flat comprised of kitchen diner/ lounge space and separate large bedroom. All to a high specification with white goods included with a rental in place until late 2025 for a gross rent of £1300 with room for increase.
Totalling an upcoming income of a gross £68,640 per annum, representing an 8% gross ROI with all the perks of confidence in letting interest being so well maintained and located.
The property is also available to purchase in an SPV limited company, meaning over £60,000 in stamp duty costs can be saved!