2 bed terraced house for sale

Byron Road, Portsmouth PO2

LR1024 - Presenting a rare and high-performing "turnkey" investment opportunity in the heart of Portsmouth. This well-maintained residential property is offered to the market specifically for investors and landlords, sold with an exceptional, long-term tenant in situ.

At a purchase price of £200,000 and a market-leading rental income of £1,250 per month, this asset delivers an impressive 7.5% gross yield—significantly outperforming the local regional average for standard residential lets.

Tenant Profile & Rental History
Reliability is the cornerstone of this investment.

Performance: The current tenant has a 100% clean payment history, having never missed a single rental payment.
Stability: This is a long-term tenancy, providing the new owner with immediate peace of mind and continuity of income.
Market Alignment: The property is already achieving a healthy market-rate rent, removing the immediate need for rent reviews or negotiations.
The Property & Location
Located on Byron Road (PO2), a consistently popular area for renters due to its excellent transport links and proximity to local amenities.

The Building: A classic Portsmouth bay-and-forecourt style terraced home, typically offering spacious double bedrooms, two reception rooms, and a private rear garden.
Location Benefits: Within easy reach of local schools, major bus routes, and Fratton/Hilsea train stations, ensuring the property remains a highly desirable long-term rental prospect.
Management: Being sold with the tenant in situ means zero void periods, no initial letting agent finders' fees, and no need for immediate marketing or refurbishment.
Investment Financials
Monthly Rental Income: £1,250
Annual Rental Income: £15,000
Gross Yield: 7.5%
EPC Rating: D (Typical for the area/era)
Council Tax Band: B (Portsmouth City Council)

Agent’s Note: This property is strictly for sale to investors. It represents a "ready-made" addition to a portfolio, combining a high yield with a proven, reliable income stream. Properties with this level of financial transparency and tenant reliability are rarely available at this price point.