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5 bedroom terraced house for sale

Refurbished 5 bed HMO in Southsea

Sold STC £325,000

Property Description

Key features

  • LUXURY STUDENT ACCOMODATION
  • FANTASTIC INVESTMENT OPPORTUNITY
  • YIELD OF 7.3%
  • RECENTLY REFURBISHED
  • MODERN KITCHEN
  • MODERN BATHROOM
  • 5 BEDROOM HMO LICENSE

Full description

**FANTASTIC INVESTMENT OPPORTUNITY**

It is very rare a student property of this ilk comes to the market, this really must be viewed to be appreciated. Situated within a 10 minute walk of university and in a very popular location with student, this property is expected to achieve an 11 month contract returning an annual income of £27,500 and returning a 7.3% Yield return.

Internally the property has been completely refurbished offering students and purchasers alike a beautifully finished kitchen/diner with integrated fridge freezer. The main bathroom again has been completely refurbished with a brand new shower, W.C and wash basin. USB ports in electrical sockets, A separate W.C, new carpets, freshly redecorated what more could the students want for that luxury finish.

HMO license already in place.

Contact Bernards on 023 9286 4974 to arrange your viewing.

Bedroom One - 4.75m x 3.33m (15'7 x 10'11) - Numbered, key lock, carpeted flooring, UPVC bay double glazed window, 1 x radiator, USB electrical socket

Bedroom Two - 3.91m x 3.33m (12'10 x 10'11) - Numbered, key lock, carpeted flooring, UPVC double glazed window to rear, 1 x radiator, USB electrical socket

Kitchen/Lounge - 6.15m x 2.72m (20'2 x 8'11) - Laminate flooring, range of wall and base units, integrated fridge and freezer, four ring gas hob with overhead extractor fan, splashback tiling, white sink with mixer tap, USB electrical sockets, rear and side UPVC double glazed windows, breakfast bar, space for washing machine.

Bedroom Three - 4.75m x 4.34m (15'7 x 14'3) - Numbered, key lock, carpeted flooring, UPVC double glazed window to rear, 1 x radiator, USB electrical socket

Bedroom Four - 3.91m x 3.33m (12'10 x 10'11) - Numbered, key lock, carpeted flooring, UPVC double glazed window to rear, 1 x radiator, USB electrical socket

Bedroom Five - 3.33m x 2.74m (10'11 x 9) - Numbered, key lock, carpeted flooring, UPVC double glazed window to front, 1 x radiator, USB electrical socket

Bathroom - Tiled flooring, three piece bathroom suite with freestanding shower, low level W.C and wash basin, UPVC double glazed window, 2 x tiled wall

Wc - Tiled flooring, two piece bathroom suite with feature tiled wall, low level W.C and wash basin.

Outside - Laid to Patio, fence surround

Offer Check Procedure - If you are considering making an offer for this or any other property Bernard's Estate Agents are marketing, please make contact with you local office so we can verify your financial/Mortgage situation.

Council Tax Band B - Portsmouth City Council: £947.59 Combined Fire Authority: £124.80 Police and Crime Commissioner: £48.69 Total: £1,121.08

Letting Information- Southsea - If you are considering buying this property for buy to let purposes, we would expect to achieve £2500 PCM. This would give you 7.3% gross return based on the current asking price. If you would like any further information about lettings, what services our in house teams can offer please call your local office on 02392 864974 or email southsea@bernardsestates.co.uk

Solicitor - Bernards appreciate that picking a trustworthy solicitor can be difficult, so we have teamed up with a selected number of local solicitors to ensure your sale is dealt with in a professional and timely manor. Please ask a member of staff for further details.

Removal Quotes - Here at Bernards we like to offer our clients a complete service. In doing so we have taken the time to source a reputable removal company to ensure that your worldly belongings are moved safely. Please ask in office for further details and quotes.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
23 November 2016

Map & Street View

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