This property has been taken off the market.
10 Bed End Of Terrace House For Sale The Avenue, Southampton, SO17
£900,000- End Of Terrace
1 of 15
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Last Updated: 19th May 2024
Description
An exciting opportunity to acquire a freehold multiple income investment opportunity located in a desirable part of central Southampton. Comprising of two popular multiple occupation properties (HMO's) and two separate commercial shops with a large garden and prominent parking to the front for four vehicles.
The Avenue in a desirable spot on the northly side of the City Centre sandwiched between Southampton Common and Banister Park. The property resides on one of the main routes into the City in a terrace of other mixed retail and residential dwellings with a wealth of amenities and transport links on your doorstep.
This substantial end of terrace property is arranged with a large six bedroom HMO that offers accommodation arranged over three floors and is fully let. A four bedroom HMO is arranged over two floors and is fully let. To the front of the building are two separate commercial retail units, one with new tenants due to occupy soon and the other let to a long standing tenant.
In total and fully occupied, these multiple units will generate £58,200 a year and there is room to enhance the building further to aid with obtaining higher rental income.
The Avenue in a desirable spot on the northly side of the City Centre sandwiched between Southampton Common and Banister Park. The property resides on one of the main routes into the City in a terrace of other mixed retail and residential dwellings with a wealth of amenities and transport links on your doorstep.
This substantial end of terrace property is arranged with a large six bedroom HMO that offers accommodation arranged over three floors and is fully let. A four bedroom HMO is arranged over two floors and is fully let. To the front of the building are two separate commercial retail units, one with new tenants due to occupy soon and the other let to a long standing tenant.
In total and fully occupied, these multiple units will generate £58,200 a year and there is room to enhance the building further to aid with obtaining higher rental income.
Agent Details
Morris Dibben
53 London Road, Southampton, SO15 2AD
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.