Byron Road,Portsmouth,PO2 7RZ
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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- TENUREDescribes 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
- LR1024 - Investors/Landlords Only
- Rental Income - £1250.00pcm
- Annual Income - £15,000pa
- Gross Yield - 7.5%
- Two Bedroom Terraced House
- Seperate Bathroom and shower room
- Outside office/bar/study
- Low Maintenance Garden
- Long Term Tenant
- Fully Managed
Description
LR1024 - Presenting a rare and high-performing "turnkey" investment opportunity in the heart of Portsmouth. This well-maintained residential property is offered to the market specifically for investors and landlords, sold with an exceptional, long-term tenant in situ.
At a purchase price of £200,000 and a market-leading rental income of £1,250 per month, this asset delivers an impressive 7.5% gross yield—significantly outperforming the local regional average for standard residential lets.
Tenant Profile & Rental History
Reliability is the cornerstone of this investment.
Performance: The current tenant has a 100% clean payment history, having never missed a single rental payment.
Stability: This is a long-term tenancy, providing the new owner with immediate peace of mind and continuity of income.
Market Alignment: The property is already achieving a healthy market-rate rent, removing the immediate need for rent reviews or negotiations.
The Property & Location
Located on Byron Road (PO2), a consistently popular area for renters due to its excellent transport links and proximity to local amenities.
The Building: A classic Portsmouth bay-and-forecourt style terraced home, typically offering spacious double bedrooms, two reception rooms, and a private rear garden.
Location Benefits: Within easy reach of local schools, major bus routes, and Fratton/Hilsea train stations, ensuring the property remains a highly desirable long-term rental prospect.
Management: Being sold with the tenant in situ means zero void periods, no initial letting agent finders' fees, and no need for immediate marketing or refurbishment.
Investment Financials
Monthly Rental Income: £1,250
Annual Rental Income: £15,000
Gross Yield: 7.5%
EPC Rating: D (Typical for the area/era)
Council Tax Band: B (Portsmouth City Council)
Agent’s Note: This property is strictly for sale to investors. It represents a "ready-made" addition to a portfolio, combining a high yield with a proven, reliable income stream. Properties with this level of financial transparency and tenant reliability are rarely available at this price point.
Brochures
Brochure 1- 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.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Level access
Byron Road,Portsmouth,PO2 7RZ
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Visit our security centre to find out moreDisclaimer - Property reference S1754201. 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 eXp UK, South West. 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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