- Five-bedroom licensed HMO +
- LDC (C4) Certificate secured +
- Strong rental demand, circa £26,400 +
- Four income-producing parking spaces +
- Gross income potential circa £30,720 +
5 BED HMO
We are pleased to offer this well-established 5-bedroom HMO with valuable off-road parking to the rear.
The property holds a current HMO licence valid until 2028 and an LDC (C4) Certificate confirming planning consent for HMO use. With scope to generate an annual rental income of approximately £26,400, it presents an ideal turnkey investment opportunity.
To the rear, the property further benefits from four parking spaces, currently let to a local business at £4,320 per annum, providing a steady supplementary income stream.
Any potenital buyer also has the option to purchase the adjoining flat (14a Ordnance Road), which is currently on the same title. Should a buyer not wish to purchase the flat. this will be retained by the seller, with a new 999-year lease granted on a zero ground rent and zero maintenance basis, ensuring clarity and security for future ownership.
Together, the HMO and parking offer a potential gross income of circa £30,720 per annum, combining reliable rental income with additional off-street parking revenue, a highly attractive investment proposition in this sought-after central location.
For further information or to arrange a viewing, please contact Goadsby estate agents in Southampton.
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.