Howerts Close, Warsash SO31 5 bed end of terrace house for sale

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Howerts Close, Warsash SO31 5 bed end of terrace house for sale

Howerts Close, SO31
£360,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 5-bedroom end-of-terrace property in Southampton is currently being used as a House of Multiple Occupancy (HMO) and is generating a fantastic annual gross income of £26,400. With its prime location, the property is surrounded by various amenities within walking distance, making it an attractive investment opportunity. The property features five spacious bedrooms, four bathrooms, lounges, kitchen, garden ground space, convenient storage, and parking spaces. The EPC rating is B+, and the property has a garage/workshop with a drop-down access to the loft, which is floored and has Velux windows. The current tenants are long-term, and with some adjustments, the annual gross income could be increased to £36,000, making it a worthwhile addition to an investor's portfolio.