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Lawrence Road, Southsea

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

2

SIZE

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TENURE
Describes 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
  • Great Location
  • Large 6 Bedroom Property
  • Garden
  • Close To Amenities
  • Two Showers
  • Two Toilets
  • £3025pcm Rental (8.54% yield)

Description

PROPERTY DESCRIPTION A substantial and well presented six bedroom HMO located on the ever popular Lawrence Road in Southsea, offering an exceptional investment opportunity with strong, consistent rental demand. Currently fully let and generating £3,025pcm (8.54% yield), this large property provides an immediate and reliable income stream for investors seeking a turnkey addition to their portfolio.

The property benefits from two showers and two separate toilets, ensuring practicality and comfort for multiple occupants. All bedrooms are well sized, and the communal areas offer generous space for tenants to relax and socialise. The home is equipped with double glazing throughout and gas central heating, enhancing energy efficiency and tenant appeal.

Externally, the property features a mature, well kept garden, providing valuable outdoor space rarely found in similar HMOs in the area. This adds to the overall desirability of the property and contributes to long term tenant retention.

Situated in a highly sought after Southsea location, Lawrence Road is known for its strong rental market, excellent access to local amenities, transport links, and the university. Its popularity with students and young professionals ensures ongoing demand and minimal void periods.

A standout investment in a prime Southsea location, offering size, stability, and long term potential. 

HMCR COMPLIANCE To help keep the buying and selling process smooth and secure, all sellers and buyers will need to complete quick online identity checks through Credas. These checks cost £50+VAT per person and are paid directly to Credas in advance. This simple step confirms your identity and ensures we meet our legal requirements set by HMRC, making the process safer for everyone involved. 
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.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lawrence Road, Southsea

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Affordability

Monthly repayments£2,132
Property: £ 425,000
Deposit: £ 42,500
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 102413003294. 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 Days Lettings Ltd, Southsea. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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