Kingston Road, Portsmouth

**Offered Via Modern Auction**

NO FORWARD CHAIN

A versatile 4/5 bedroom property on Kingston Road, offering excellent scope for both homebuyers in need of the room at an affordable price or for investors looking for good rental returns.

Currently a licensed 5-bed HMO, it provides solid rental returns with established demand in the area.

The lack of a forward chain ensures a smooth and efficient purchase.

Inside, the property features four well-sized bedrooms along with shared kitchen and bathroom facilities, giving occupants comfortable private space alongside practical communal area in the kitchen/diner. The main lounge serves as the fifth bedroom for the HMO.

Positioned close to local shops, eateries and everyday amenities, this location is ideal for tenants and families alike. Strong transport links make commuting simple and provide easy access to Portsmouth’s key destinations.

A great opportunity to secure a high-yield investment or a spacious home in a convenient city location. Get in touch to arrange your viewing and explore the potential this property offers.

The Property - The property can be accessed either from the front which is situated on the main Kingston Road or the rear through a small alley and patio area off the Balliol Road. Both sides have a staircase that lead up to the main property.

As you reach the top of the stairs and enter the hall, the first bedroom is to your immediate right and is generous in size. There is a bay window that looks out to the front and has a fitted wardrobe, as well as having adequate room for a double bed and other furnishings including a small sofa and desk/dining table.

Next to the first bedroom is the kitchen which has an Induction hob with oven and plenty of cupboard space. There is a window that looks out to the rear above the sink and drainer as well as room for a dining table and chairs.

Towards the end of the hall is the stairs leading up to the next floor. Beneath the stairs you will find the Valliant Boiler which is under 3 years old along with storage space.

At the end of the hall just beyond the stairs is access to the rear of the property that leads out to a private patio area then onto the Balliol Road. Alongside this door is the entrance to the main bathroom with bath, shower and airing cupboard. Within the main bathroom there is a separate door access to the toilet and basin so either can be used privately.

Up the stairs to the top floor there are four double bedrooms, all with radiators, fitted wardrobes for storage and windows to allow fresh air into the room.

Also, on the top floor there is access to the loft in the hall with the hatch having integrated pull down wooden ladders. The loft itself generous in size and is fully boarded with electrics so has the potential to be turned into additional dwellings.

The property benefits from gas central heating, new radiators, new roof, fire doors throughout, emergency lighting and an evacuation plan.

Tenure: Leasehold - 109 Years Remaining
Tax Band: A
Local Authority: Portsmouth City Council

Property is located above a barber shop which is open 9am to 5pm.

HMO licence is granted and certificate available.

Kitchen / Dining Area - 4.04 x 3.66 (13'3" x 12'0") -

Bedroom One - 5.16 x 4.75 (16'11" x 15'7" ) -

Bedroom Two - 4.06 x 3.71 (13'3" x 12'2") -

Bedroom Three - 3.20 x 3.20 (10'5" x 10'5" ) -

Bedroom Four - 5.18 x 3.53 (16'11" x 11'6" ) -

Bedroom Five - 4.09 x 2.31 (13'5" x 7'6" ) -

Anticipated Rental - If the property is let on a standard AST to one family, anticipated rental would be estimated to £1350-£1400pcm

If the property was let as a HMO, it is presently let around £500pcm per room for the 5 bedrooms.

If a communal room was added to replace a bedroom, we would estimate you would achieve £550-£600 per room per month.

This property does hold a C4 licence granted in October 2024

Auction Terms - Viewings:
These can be booked as normal, prior to the auction closing, however, we would advise that you view in good time before hand, where your interest would then be noted and legal packs made available.

Finance your purchase:
If you require advice on how to finance a purchase through auction, please contact us in branch.We specialise in mortgages, specialist finance and bridging finance to meet the terms to complete inside auction timelines via our brokerage, RBM Solutions, which is whole of market.

Bidding online:
Register, make an offer and bid online or call us to receive a link to the live auction listing.

Offers can be made on a property at any time before the end of the auction via the website. The seller can choose to accept an offer at any time before or during an auction cycle, should they so wish, ending the auction immediately. All auction terms and conditions still apply.