Chichester Road, Portsmouth... 5 bed house of multiple occupation for sale

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Chichester Road, Portsmouth... 5 bed house of multiple occupation for sale

Chichester Road, Portsmouth, Hampshire, PO2 0AJ
£325,000

Our Summary

  • Fantastic investment opportunity

Description

This 5-bedroom property in Copnor, Portsmouth, is being sold via online bidding with terms and conditions applying. The property boasts a unique feature of having all 5 bedrooms with en-suite bathrooms, as well as a large communal kitchen area. Additionally, it has been licensed for C4 HMO (Houses of Multiple Occupation) use, making it an attractive investment opportunity. According to the current rental income, the property is achieving £2365 PCM, resulting in a gross return of 8.6% based on the asking price. Although the property has not been inspected, it presents a potential buy-to-let opportunity for investors.