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Baileys Rd, 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

  • 11.4% Gross Yield
  • 6-Bed HMO
  • Double Bedrooms
  • Massive Communal Room
  • Large Kitchen
  • Great Sized Garden
  • Double Glazing
  • Done To High Standard
  • Fully Let

Description

PROPERTY DESCRIPTION This exceptional 6 bed HMO offers one of the strongest investment opportunities currently available in this highly sought after location. Fully let for the next academic year at £4,040.88pcm, the property delivers an outstanding gross yield of approximately 11.4% at a £425,000 purchase price - a return rarely seen in such a popular and consistently high demand area.

Finished to an impressively high standard throughout, the property features six spacious double bedrooms, each designed to appeal to students and young professionals seeking quality accommodation. The layout includes two modern bathrooms plus an additional WC, ensuring excellent practicality for a full household.

The heart of the home is the large communal living and kitchen space, offering an inviting, open environment ideal for shared living. This generous social area significantly enhances tenant satisfaction and retention, contributing to the property's strong occupancy history.

Outside, the property benefits from a large, low maintenance garden, providing valuable outdoor space without the upkeep burden - a major plus for both tenants and landlords.

Located in a thriving rental hotspot with year round demand, this HMO combines premium condition, excellent tenant appeal, and exceptional income performance. Opportunities with yields this strong, in such a desirable area, are increasingly rare.

A standout, turnkey investment - early viewing is strongly recommended. 

HMRC 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. 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: B
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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Baileys Rd, 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 102413003304. 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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