Festing Road, Southsea, Hampshire

HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.

Attractive HMO Investment Opportunity

Address: 7 Festing Road, Southsea, PO4 0NG
Property Type: 8-Bed, All Ensuite HMO
Tenant Type: Fully Tenanted by Working Professionals

Prime Investment Location

Southsea, a lively and sought-after coastal district of Portsmouth, presents an excellent investment opportunity within the HMO rental market. As part of Portsmouth, Southsea benefits from a strong and diverse economy, with key sectors including defence, tourism, retail, and education. The city is home to major employers such as the Royal Navy, the University of Portsmouth, and BAE Systems, all of which contribute to steady employment growth and sustained tenant demand.

Southsea is an increasingly desirable area, offering a mix of coastal living, historical attractions, and excellent local amenities, making it a prime choice for tenants. With Portsmouth’s ongoing regeneration projects, particularly along the seafront and town centre, Southsea continues to experience strong demand for high-quality rental properties.

Consistently Strong Tenant Demand

Southsea enjoys high tenant demand, driven by a large student population, key workers, and young professionals who are attracted to the area's affordable rents, excellent transport links, and vibrant lifestyle. The University of Portsmouth, one of the city’s largest employers, attracts thousands of students each year, creating consistent demand for shared accommodation and HMOs.

Beyond students, Southsea appeals to working professionals and key workers due to its proximity to major employment hubs, including the naval base, dockyards, and commercial centres. The property at 7 Festing Road is ideally situated, with easy access to transport links, employment hubs, and local leisure facilities, making it an attractive choice for long-term tenants.

Financial Summary

Income Breakdown (Monthly):

Room 1: £850.00
Room 2: £775.00
Room 3: £775.00
Room 4: £750.00
Room 5: £825.00
Room 6: £825.00
Room 7: £825.00
Room 8: £795.00

Total Monthly Income: £6,420.00

Gross Annual Income: £77,040.00

Expenditure Breakdown (Monthly):

Gas: £100.00
Electric: £180.00
Water: £43.00
Council Tax: £150.00
TV License: £15.00
Broadband: £60.00
Cleaner: £125.00
Management: £642.00 (10% + VAT)

Total Monthly Expenditure: £1,315.00

Annual Expenditure: £15,780.00

Net Annual Income: £61,260.00 (Annual Income - Annual Expenditure)

Yields:

Gross Yield: 10.27% (Calculated as £77,040 / Sale Price)

Net Yield: 8.17% (Calculated as £61,260 / Sale Price)

Conclusion

The HMO at 7 Festing Road, Southsea represents a prime investment opportunity, offering strong rental yields, full occupancy, and a thriving location. Southsea's growing demand for high-quality rental properties, ongoing regeneration, and strong employment base make it a secure and profitable investment. With excellent transport links, a coastal lifestyle, and strong economic growth, this fully tenanted 8-bed HMO offers investors a high-yielding, hands-off opportunity with long-term growth potential.