30 Munster Road, Portsmouth, Hampshire, PO2 9BS
- SIZE
1,076 sq ft
100 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- HMO investment comprising 5 bedrooms
- Fully let on AST
- Attractive Gross Yield of 7.7%
- Gross Current Rent £2,495pcm/£29,940pa
- Asking Price - £385,000
- Located in strong residential district
Description
Located on Munster Road in the prime city of Portsmouth. Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/ A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network.
The subject property is located within a good education district with variety of mainstream schools and colleges as well as universities.
Primmer Olds B.A.S welcome this high quality HMO investment opportunity in a sought-after location. The subject property comprises a 2-storey HMO with 5 bedrooms with 3 en-suite shower rooms and a separate shared shower room. The property was completely gutted and rebuilt from a shell in 2018.
Currently let to professional sharers, the property also scope to be let as a student property, we understand from the local managing agent that the rent is likely to be increased on the next turnover of the rooms.
Terms
Offers in excess of £385,000 subject to contract for the freehold interest with tenants in situ.
Planning
Interested parties are advised to make their own enquiries of the Local Authority for confirmation.
EPC Text
Asset Rating - C
Fully let HMO Investment Opportunity
Brochures
Current BrochureEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Ask agent
30 Munster Road, Portsmouth, Hampshire, PO2 9BS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hilsea Station1.1 miles
- Portsmouth & Southsea Station1.5 miles
- Fratton Station1.6 miles
About the agent
Primmer Olds B.A.S., Southampton
Mountbatten House, 1 Grosvenor Square, Southampton, SO15 2JU
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 8756FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Primmer Olds B.A.S., Southampton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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