Offers in region of
£235,000
(£192/sq. ft)
4 bed terraced house for saleTelephone Road, Southsea PO4
4 beds
1 bath
1 reception
1,227 sq. ft
EPC Rating: D
- Chain free
- Freehold
Sarah Oliver Property
About this property
Ideal student/professional house
£16,800 gross annual income
Circa 7% net
Government backed agreement - let until September 2026
Tenants cover bills and responsible for internal maintenance
Development potential (STP)
Sought after location
South facing garden
Potential to turn into A 5 bedroom at end of current agreement
£16,800 gross annual income ** circa 7.15% net yield ** government backed agreement - let until September 2026 ** ideal student/professional house ** development potential (STP)
**let until September 2026** government backed company contract ** circa 7.15% net yield ** £16,800 net annual income** Sarah Oliver is delighted to present this four bedroom HMO for sale with no onward chain. Let until September 2026 on a government-backed agreement, this house sits in an optimal location for both students and professionals and benefits from a net annual income of £16,800 with internal maintenance issues and all bills covered by the conmpany-tenant.
Also benefitting from a south-facing Garden and circa 100sqm of accommodation, this house may lend itself as a development opportunity for a substantial uplift in future years (pdr or planning permitting.)
Contact now to arrange your appointment to view.
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