Mill Road, Totton, Southampton, Hampshire, SO40 3AE
- SIZE
1,270 sq ft
118 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 five bedrooms
- Fully let on AST's
- Attractive Gross Yield of 8%
- Gross Current Rent £2,345pcm/£28,140pa
- Asking Price - £350,000
- Located in good residential district
Description
The town of Totton is situated approximately 6 miles to the west of Southampton via the A35, within approximately 1 mile of the M271 which links with the M27 motorway.
Primmer Olds B.A.S welcome this high-quality HMO investment opportunity in a sought-after location. The subject property comprises a 3-storey HMO with five bedrooms and two separate shower rooms. The property was completely gutted and rebuilt from a shell in 2018.
At current the property is let to professional sharers on individual AST's. The property is presented well throughout and will be sold with the benefit of the on-going tenancies.
Planning
Interested parties are advised to make their own enquiries of the Local Authority for confirmation.
EPC Text
Asset Rating - C
Terms
Asking price of £350,000 subject to contract for the freehold interest with the benefit of the on-going tenancy.
Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.
6 Mill Road is let at a current rent of £2,345pcm/£28,140pa.
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
Mill Road, Totton, Southampton, Hampshire, SO40 3AE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Totton Station0.1 miles
- Redbridge (Southampton) Station0.7 miles
- Millbrook Station2.3 miles
About the agent
Primmer Olds B.A.S., Southampton
Mountbatten House, 1 Grosvenor Square, Southampton, SO15 2JU
Whether you are looking to rent or purchase... concentrate on your business and we will concentrate on your business space!
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With an integrated approach, our team of professionals can help with all aspects of the move and advise on the ongoing costs, maintenance and management of your space.
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 1335FH. 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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