6 bed property for sale

Walberton Avenue, Portsmouth, Hampshire PO6

Attractive HMO Investment Opportunity

Address: 1b Walberton Avenue, Portsmouth, PO6 2JH
Property Type: 6-Bed, 5-Bath (4 Ensuite) HMO with 2 Additional WCs, Shared Kitchen, Living & Dining Area
Tenant Type: Fully Tenanted by Working Professionals

Prime Investment Location

Portsmouth, a bustling and historic maritime city on England’s south coast, presents a highly compelling environment for HMO investment. With a diversified economy supported by major employers such as the Royal Navy, BAE Systems, and the University of Portsmouth, the city boasts a stable job market and a consistently high level of rental demand. Its strategic coastal location, coupled with strong transport infrastructure and ongoing regeneration projects, enhances both quality of life and capital growth potential. The city continues to attract young professionals, students, and key workers alike, making it a well-rounded, resilient rental market for property investors.

Desirable Accommodation Offering

The property at 1b Walberton Avenue is a well-specified 6-bedroom HMO featuring 5 bathrooms (4 ensuite), two additional WCs, and communal kitchen, living, and dining facilities—designed to meet the expectations of modern tenants. Fully let to working professionals, the accommodation is located in a highly accessible area near shops, schools, and transport connections. Its mix of ensuite and communal facilities, combined with the privacy and comfort of generous room layouts, makes this a sought-after rental choice in a city known for its consistently high occupancy rates.

Connectivity & Lifestyle Amenities

Portsmouth is exceptionally well-connected, with direct rail links to London and Southampton, and quick access to the M27 and A3, ideal for commuting professionals. The city’s ongoing waterfront and city centre regeneration initiatives are transforming the urban landscape, improving housing stock, infrastructure, and public spaces. Portsmouth also offers a rich lifestyle experience—from the Historic Dockyard and Southsea’s seafront attractions to extensive parks, leisure venues, and retail outlets. These features enhance tenant satisfaction and ensure low vacancy rates for investors.

Financial Overview

Income Breakdown (Monthly):

Room 1: £580.00
Room 2: £695.00
Room 3: £525.00
Room 4: £695.00
Room 5: £545.00
Room 6: £695.00

Total Monthly Income: £3,735.00

Total Annual Income: £44,820.00

Expenditure Breakdown (Monthly):

Gas: £250.00
Electric: £250.00
Water: £100.00
Council Tax: £225.00
TV License: £14.58
Broadband: £35.00
Cleaner: £90.00
Management: £375.00

Total Monthly Expenditure: £1,339.58

Total Annual Expenditure: £16,074.96

Investment Performance

Net Annual Income: £28,745.04

Gross Yield: 10.19%

Net Yield: 6.53%

Commentary

This fully tenanted 6-bed HMO produces a monthly income of £3,735, delivering an annual net return of £28,745.04. All operational costs are comprehensively covered, from utilities and council tax to cleaning and full management services. The property combines a turnkey rental setup with hands-off management, offering stable income and the security of a well-established tenant demographic.

With a solid yield profile and strong underlying market fundamentals, this property presents a reliable and sustainable investment in one of the South Coast’s most enduringly popular rental markets.

HMO X Sales are specialists in the UK HMO and multi-unit market. With over 100 years of combined, hands-on experience across investment, management, development, valuation, and sales, our team knows this space inside out. Every property we list is exclusive, direct from landlord, personally visited and quality-checked by our team. There are no buyer fees, no reservation costs—just clear, upfront details on every deal. We give you full access to the numbers and a pro-active, time-served team to help you move fast and buy smart.