Romsey Road, Southampton
- PROPERTY TYPE
House
- BEDROOMS
6
- BATHROOMS
3
- 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
Description
Hunters are pleased to offer an unusual opportunity to acquire an established Southampton HMO investment, either through a conventional property purchase or, preferably, through acquisition of the shares in the property owning company.
The property has an August 2026 RICS valuation of £400,000 and is offered at OIEO £375,000.
The company acquisition route offers an incoming investor the opportunity to acquire the established letting business together with the benefit of its existing circa £250,000 interest only OneSave facility, fixed at 3.44%, subject to lender approval of the change of control and incoming guarantor.
Investment Highlights
• August 2026 RICS valuation of £400,000
• Established Southampton HMO investment
• Established rental income
• Company share acquisition available
• Circa £250,000 OneSave facility at 3.44%, subject to lender consent
• Potential for lower acquisition taxes and initial cash requirement through a share purchase
• Investment and due diligence pack available to qualifying applicants
• Buyer financial comparison calculator available
Purchasers interested in the company acquisition will make offers by reference to the underlying property value. Indicative equity consideration will take account of the existing finance, net company creditors and an agreed allowance for latent corporation tax.
Completion of a share acquisition will be subject to satisfactory due diligence and OneSave's consent to the change of control and incoming guarantor.
Planning
The seller advises continuous HMO use since at least April 2014. Further information regarding the planning position is available within the due diligence pack.
Further Information
A comprehensive Investment Memorandum and supporting information are available through Hunters.
Financial illustrations are indicative, pre tax and not financ
Aml - Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We outsource the initial checks to partner suppliers Coadjute who will contact you once you have had an offer accepted on a property you wish to buy.
The cost of these checks is £54inc vat per person. This is a non-refundable fee.
These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.
Material Information - Southampton - Tenure Type; Freehold
Council Tax Banding; C
Brochures
Romsey Road, Southampton- 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.
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- 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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Romsey Road, Southampton
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Visit our security centre to find out moreDisclaimer - Property reference 34864797. 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 Hunters, Southampton. 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. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.