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UNDER OFFER

Suffolk Avenue, Southampton

£425,000
Added on 13/01/2021
Hamilton Parkers, Romsey
PROPERTY TYPE
Terraced
BEDROOMS
x6
BATHROOMS
x3

Key features

  • Exceptional investment opportunity with excellent yield
  • Rental income from the day you pick up the keys
  • Unrestricted on road parking
  • Easy access to central Southampton and Southampton central train station
  • Short walk to Southampton Common
  • Gas CH and double glazing throughout
  • Nice location on a quiet residential street
  • Five bedrooms and separate studio to the rear
  • HMO license in place-new owner will need to apply for a new license in their name
  • Similar opportunity just a few doors away so two similar excellent investment options

Property description

Tenure: Freehold

ATTENTION ALL INVESTORS-SECOND OF TWO EXCEPTIONAL HMO INVESTMENT OPPORTUNITIES JUST A FEW DOORS APART! Large Victorian end terrace house situated close to Southampton City Centre and The Common, in good order throughout having been recently refurbished to include a new boiler, comprising of 5 bedrooms in the main house, one with en-suite and four with kitchenettes in the rooms, one communal shower room, communal WC and one communal kitchen and a separate studio apartment to the rear. There are tenants currently in situ so your rental income is guaranteed from the day you pick up the keys. The current income amounts to £37,200 per annum. The house benefits from a good size low maintenance garden to the rear. PLEASE NOTE THIS IS THE SECOND OF TWO SIMILAR OPTIONS BEING SOLD IN SUFFOLK AVENUE.


The house is located in a sought after location just a few minutes walk from Southampton Common and within easy access of Southampton City Centre either on foot or by bus from nearby Shirley Road. Southampton central train station is also just a short distance away and within a short walk. Located on a quiet residential street this area is always popular with professionals looking for straight forward commutes. In good order throughout this is an ideal investment opportunity offering an exceptional yield and no initial outlay for decorative works as the house is well presented throughout.


Current income as follows:

Ground floor:
Room one-£600 pcm ( with kitchen included in room and access to communal shower room )
Room two-£475 pcm ( with kitchen included in room and access to communal shower room )
Self contained studio with private entrance-£400 pcm ( includes main living area, separate kitchen and bathroom and private entrance )

First floor:
Room three-£700 pcm (with kitchen and en-suite included in room )
Room four-£475 pcm ( with kitchen included in room and access to communal shower room )
Room five-£450 pcm ( with access to communal kitchen and shower room )

Total-£3,100 pcm

Brochures

Full Details

Energy Performance Certificates

Energy Perform...

Suffolk Avenue, Southampton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Millbrook Station0.7 miles
  • Southampton Central Station0.7 miles
  • St. Denys Station1.4 miles
Mortgages
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About the agent

Hamilton Parkers, Romsey

Basepoint Business Centre, Premier Way, Abbey Park Industrial Estates, Romsey, SO51 9AQ

Hamilton Parkers, Romsey

Hamilton Parkers have a vast network of experienced Property Enthusiasts dealing in all property matters nationwide.

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Disclaimer - Property reference 10718692. 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 Hamilton Parkers, Romsey. 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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