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6 bed property, in Lawrence Road, £485,000
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6 bed property

Lawrence Road, Southsea PO5
£485,000

Our Summary

  • A fantastic HMO investment opportunity which currently returns circa £41,000 per annum in Gross rental income

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Description

This is a fantastic HMO investment opportunity in Southampton, generating £41,000 in gross rental income per annum. With individual room rates inclusive of all bills, the property currently returns circa 7% net at the asking price, or £585.51 per month. The six-bedroom property is located close to Fratton station and is let to professional tenants on individual ASTs.

The current owner includes the cost of a TV license, WiFi, and utilities in the monthly expenses, which may fluctuate with changing costs. Early viewing is advised.