This property is not currently available. It may be sold or temporarily removed from the market.
Montague Road, Portsmouth
£350,000
Guide Price
Property Features
- INVESTORS ONLY
- Great HMO Investment Opportunity
- Five Double Bedrooms
- Two Shared Shower Rooms
- Communal Reception Room & Fully Fitted Kitchen
- Currently All Five Rooms Occupied
- EPC Rating E (53)
Property Summary
***INVESTORS ONLY***PURCHASER INCENTIVE AVAILABLE ON THIS PROPERTY - CALL 02392482147 FOR FURTHER DETAILS***
Very rarely does an investment opportunity arise to acquire a large five-bedroom HMO in the ever-popular location of Northend, Portsmouth with AST in place and currently fully occupied. The period property has been fully renovated throughout providing a strong annual income of circa £27,000 (Gross yield of approximately 8%). The property consists of an entrance hallway to the side of the property with immediate access to Bedroom 1 at the front and a communal reception room. A door leads from the communal reception room to the kitchen, bedroom 2 and a shower room. The kitchen is fitted with a range of wall and base units, a gas hob, electric oven, and white goods which include a fridge-freezer and washing machine. A door from the kitchen leads out to the rear garden. The first floor includes a further three double bedrooms and a shower room. Externally the property benefits from a generous garden which is mainly laid to lawn with the addition of a decked terrace and a shed with power and a tumble drier. Approaching the front door is also a gated bike storage area and a security iron bar gate before the front door.
SUMMARY OF FEATURES:
Investors only; Great HMO Investment Opportunity; Five Double Bedrooms; Two Shared Shower Rooms; Communal Reception Room & Fully Fitted Kitchen; Currently All Five Rooms Occupied
GENERAL INFORMATION:
TENURE: Freehold; SERVICES: All mains services; LOCAL AUTHORITY: Portsmouth City Council; TAX BAND: C
DISTANCES:
Portsmouth & Southsea Station - 1.7 miles; Portsmouth City Centre - 1.4 miles; Gunwharf Quays Shopping Village - 2.5 miles
Very rarely does an investment opportunity arise to acquire a large five-bedroom HMO in the ever-popular location of Northend, Portsmouth with AST in place and currently fully occupied. The period property has been fully renovated throughout providing a strong annual income of circa £27,000 (Gross yield of approximately 8%). The property consists of an entrance hallway to the side of the property with immediate access to Bedroom 1 at the front and a communal reception room. A door leads from the communal reception room to the kitchen, bedroom 2 and a shower room. The kitchen is fitted with a range of wall and base units, a gas hob, electric oven, and white goods which include a fridge-freezer and washing machine. A door from the kitchen leads out to the rear garden. The first floor includes a further three double bedrooms and a shower room. Externally the property benefits from a generous garden which is mainly laid to lawn with the addition of a decked terrace and a shed with power and a tumble drier. Approaching the front door is also a gated bike storage area and a security iron bar gate before the front door.
SUMMARY OF FEATURES:
Investors only; Great HMO Investment Opportunity; Five Double Bedrooms; Two Shared Shower Rooms; Communal Reception Room & Fully Fitted Kitchen; Currently All Five Rooms Occupied
GENERAL INFORMATION:
TENURE: Freehold; SERVICES: All mains services; LOCAL AUTHORITY: Portsmouth City Council; TAX BAND: C
DISTANCES:
Portsmouth & Southsea Station - 1.7 miles; Portsmouth City Centre - 1.4 miles; Gunwharf Quays Shopping Village - 2.5 miles