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5 bedroom terraced house for sale

Telephone Road, Southsea, Hampshire, United Kingdom

Sold STC £260,000

Property Description

Full description

** CHAIN FREE ** Currently producing a rental yield in excess of 6% (calculated on the assumed purchase price of 260,0000 which in our opinion could be improved upon with projections of over 7%, this property offers five bedrooms, open plan living space that incorporates the lounge, dining area and kitchen. There is also a bathroom and separate shower room on the first floor supported by a WC on the ground floor.

This is a fantastic C4 HMO opportunity and viewing is essential to appreciate what is on offer. In our opinion this is a sound investment being sold by a motivated vendor with plenty of scope to improve the current returns.

About Southsea

Southsea offers great museums, exciting places to visit, and is home to some of the south coasts most historic sites. The shopping area provides a great mix of specialist, unique and boutique style shopping together with Debenhams and John Lewis department stores. When you add the beach and the great sea views to a great shopping experience, Southsea is a fantastic place to live!

The area is also well served by public transport. Direct transport links offers offer easy access to London by train or France by Ferry.

Hall5'4" x 24'4" (1.63m x 7.42m).

Bedroom9'7" x 11'9" (2.92m x 3.58m).

Bedroom9'7" x 12' (2.92m x 3.66m).

Communal Area8'9" x 22'3" (2.67m x 6.78m).

WC4'8" x 3'5" (1.42m x 1.04m).

Landing8'9" x 23'10" (2.67m x 7.26m).

Bedroom13'4" x 8'4" (4.06m x 2.54m).

Bedroom10' x 7' (3.05m x 2.13m).

Bedroom8'9" x 10'6" (2.67m x 3.2m).

Shower Room10' x 3'4" (3.05m x 1.02m).

Bathroom10' x 4'3" (3.05m x 1.3m).

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
29 July 2016


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