Guide price
£630,000
7 bed property for saleChichester Road, Portsmouth, Hampshire PO2
7 beds
7 baths
1 reception
EPC Rating: B
- Freehold
HMOX Sales
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About this property
Property Layout – 7 bed all-ensuite HMO with shared kitchen, living area, WC and garden
Tenant Type – Fully tenanted by working professionals, ensuring steady rental income
Strategic Location – Prime Portsmouth spot near university, naval base, shops and major employers
Transport & Connectivity – Strong rail links to London & Southampton, easy M27/A3 access and ferry routes
Regeneration Benefits – Major city centre, waterfront and Tipner West regeneration driving growth
High Rental Income & Strong Yield – Gross annual income £63,900 delivering 10.14% yield
This high-quality 7-bedroom, all-ensuite HMO offers a compelling investment opportunity in a prime Portsmouth location. Fully let to working professionals, the property generates a strong annual rental income of £63,900 delivering a gross yield of 10.14% with stable occupancy and dependable returns. Designed with modern ensuite rooms, a shared kitchen, living area, WC, and garden, it provides the quality accommodation today’s tenants demand. Ideally situated near the University of Portsmouth, the naval base, shops, and major employers, it benefits from consistent rental demand, while excellent rail connections to London and Southampton, easy M27/A3 access, and ferry links enhance its commuter appeal. With large-scale regeneration across the city centre, waterfront, and Tipner West driving long-term growth and capital appreciation, this fully tenanted asset represents a secure, income-generating opportunity in one of the South Coast’s most resilient rental markets.
Income Breakdown (Monthly):
Room 1: £750.00
Room 2: £750.00
Room 3: £750.00
Room 4: £750.00
Room 5: £775.00
Room 6: £775.00
Room 7: £775.00
Total Monthly Income: £5,325.00
Total Annual Income: £63,900.00
Expenditure Breakdown (Monthly):
Gas: £127.00
Electric: £128.00
Water: £99.00
Council Tax: £153.74
TV License: £14.54
Broadband: £35.00
Cleaner: £60.00
Management: £511.20.
Total Monthly Expenditure: £1,128.48
Total Annual Expenditure: £13,541.76
Investment Performance:
Net Annual Income: £50,358.24
Gross Yield: 10.14%
Net Yield: 7.99%
Compliance And Licensing:
- HMO License (7 people)
- Sui Generis Planning Approval
- EPC
- eicr
- Fire Risk Assessment
- Emergency Lighting Test Certificate
- Fire Alarm Test Certificate
- Gas Safety Certificate
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