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Portswood 5 bed terraced house for sale
Portswood
£325,000
Portswood
£325,000
Our Summary
- The house has operated successfully as a licensed HMO for over two decades and benefits from the valuable advantage of C4 planning permission
- Externally, the house enjoys a good-sized enclosed rear garden, providing valuable outdoor space for relaxation during the warmer months and presenting scope for future extension if desired
- At the front, a hard-standing area potentially offers the rare benefit of off-road parking (subject to planning), a highly desirable feature in such a sought-after student location
- This combination of location, proven rental history, and immediate income stream makes this property an outstanding investment opportunity not to be missed
Description
This 5-bedroom licensed HMO in Portswood, Southampton, is an exceptional investment opportunity for landlords seeking a reliable and income-producing property. The house has been successfully operating as a licensed HMO for over two decades and benefits from C4 planning permission, ensuring a consistent record of occupancy and a smooth continuation of income. The property is well-presented and features a spacious open-plan living and kitchen area, five generously proportioned bedrooms, and two shared bathroom facilities. With tenancies already secured for the current and forthcoming academic years, the property generates a healthy annual income of £26,400. The location is highly sought after, with a vibrant community atmosphere, excellent amenities, and easy access to the University of Southampton, local shops, and transport links into the city centre. The property also enjoys a good-sized enclosed rear garden and potentially offers off-road parking, making it an outstanding investment opportunity not to be missed.