Telephone Road, Southsea

Offers in the region of £245,000

Property type

Houses

Bedrooms

X 4

Bathrooms

X 1

Reception areas

X 1

Key Details

  • 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

Full Description

£16,800 GROSS ANNUAL INCOME ** CIRCA 7% 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% 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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