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5 bedroom semi-detached house for sale
Hill Lane, Southampton SO15
£425,000
Hill Lane, Southampton SO15
£425,000
Our Summary
- The property provides ample living space, convenient amenities, and a fully enclosed rear garden, making it an ideal investment opportunity
- This property is an excellent investment opportunity, offering versatile living arrangements and the potential for future modifications
Description
This spacious five-bedroom HMO in Ewemove offers a lucrative investment opportunity, currently yielding £3,000 per month with an impressive 8.4% gross yield. The property has been successfully rented out for this year and is set to be let for the following year as well, indicating its strong rental demand and potential for consistent income. The house features a spacious kitchen/diner, two reception rooms, and three WCs, providing ample living space and convenience. The interior includes a mix of double bedrooms, each with a vanity unit, a bathroom, a shower room, and additional separate spaces. The property benefits from a fully enclosed rear garden and off-road parking for three to four cars, making it a practical choice for tenants. The property is available with no forward chain, presenting a hassle-free purchase for investors looking to expand their portfolio or enter the property market.