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3 bedroom terraced house for sale

Londesborough Road, Southsea, Hampshire, United Kingdom, PO4

Offers Over £200,000

Property Description

Full description

Well established three bedroom C4/HMO Student Let - Current Gross Yield of 5% (calculation based on the asking price) with, in our opinion, could be greatly improved to provide a return of in excess of 6%. Accommodation arranged over two floors comprises of three bedrooms served by ground floor bathroom and supported by the kitchen and communal room. The current landlord has decided not to increase the chargeable room rates under their ownership, therefore this property offers a fantastic opportunity to the new owner to increase the room rates and vastly improve their gross yield. Be quick, because in our opinion, we don't think this one will be around for long!

Southsea offers great museums, exciting places to visit, and is home to some of the south coast's most historic sites. The shopping area provides a great mix of specialist, unique and boutique style shopping together with Debenhams and John Lewis department stores. When you add the beach and the great sea views to a great shopping experience, Southsea is a fantastic place to live! The area is also well served by public transport. Direct transport links offer easy access to London by train or France by Ferry.


More information from this agent

Listing History

Added on Rightmove:
14 July 2017

Floorplans

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