4 Bedroom Terraced House for Sale

Name: Sarah Oliver Property
Address: Tangier Road,, Portsmouth, Hampshire, PO3 6PQ, GB
Telephone: 02394217317
Rating: 5.00

Telephone Road, Southsea

OIRO £245,000

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Key Features

IDEAL STUDENT/PROFESSIONAL HOUSE
CIRCA 7% NET
TENANTS COVER BILLS AND RESPONSIBLE FOR INTERNAL MAINTENANCE
SOUGHT AFTER LOCATION
POTENTIAL TO TURN INTO A 5 BEDROOM AT END OF CURRENT AGREEMENT

?16,800 GROSS ANNUAL INCOME
GOVERNMENT BACKED AGREEMENT - LET UNTIL SEPTEMBER 2026
DEVELOPMENT POTENTIAL (STP)
SOUTH FACING GARDEN

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.

More Information from this agent

TELEPHONE ROAD, SOUTHSEA