>
3 bedroom flat for sale
Portswood Road, Southampton
£200,000
Portswood Road, Southampton
£200,000
Our Summary
- A rare investment opportunity awaits with this spacious three-bedroom flat in the highly desirable Portswood Road area of Southampton
- Lease & Costs: With a long lease of over 200 years and a low ground rent of £10 per annum, this property offers excellent long-term investment potential
- C4 Planning: Already in place, the C4 planning permission adds further value, making it ready to rent as an HMO immediately with no additional planning requirements
- This is an exceptional investment opportunity with substantial income potential and a straightforward path to strong returns
- Don't miss out on adding this rare find to your portfolio-schedule a viewing today to explore its full potential
Description
This spacious three-bedroom flat in the sought-after Portswood Road area of Southampton presents a rare investment opportunity, offering a near 10% yield. With a long lease of over 200 years and a low ground rent of £10 per annum, the property provides excellent long-term investment potential. The C4 planning permission is already in place, allowing for immediate rental as a House in Multiple Occupation (HMO) with no additional planning requirements. Located in a highly desirable area for students and young professionals, the flat is close to University of Southampton campuses, public transport links, and local amenities, ensuring high rental demand and minimal vacancy periods. With a reasonable service charge of £450 per annum and an EPC rating of D, this property offers a straightforward path to strong returns, making it an exceptional investment opportunity that shouldn't be missed.