5 Bed Terraced House For Sale King Street, Southsea, PO5

£450,000- Terraced

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Last Updated: 22nd March 2024

Description

We are delighted to offer to market this characterful Southsea residence, which is currently a Five Bedroom Student HMO generating £25,800 per annum and being offered with no forward chain. The sellers have acquired tenants for the upcoming academic year with tenants vacating in Summer 2025, which boasts a 5.7% yield. The internal accommodation is split over four floors and comprises: five bedrooms, two bath/shower rooms, a spacious kitchen/diner and a dedicated laundry/drying room. The property is conveniently located within walking distance of local amenities and shops, which can be found on Castle Road, Elm Grove and nearby Gunwharf Quays. Discerning purchasers are strongly recommended to put forward the earliest of enquiries to avoid disappointment.
Agent Details
Fry & Kent
7/9 Stanley Street, Southsea, PO5 2DS

Investment Analysis

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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.
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Potential Return-on-Cash Invested