15 bedroom terraced house for sale

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15 bedroom terraced house for sale

Festing Grove, Southsea, Hampshire
£1,150,000

Our Summary

  • This pair of adjacent HMOs, comprising 15 letting rooms and licensed for 18 tenants, presents a rare high-income investment opportunity in Southsea

Description

This pair of adjacent HMOs in Southsea offers a rare high-income investment opportunity, generating £127,560 in annual rental income and a strong gross yield of 11.09%. The properties are fully let to working professionals and benefit from a stable occupancy rate, dependable cash flow, and consistent tenant demand due to their ideal location near the seafront, university, shops, and major employers. The area is also set to undergo large-scale regeneration, driving demand and long-term capital appreciation. With excellent rail connections to London and Southampton, as well as easy access to the M27, A3, and ferry routes, the properties appeal to commuters. Overall, this portfolio represents a secure, income-generating opportunity in one of the South Coast's most resilient and desirable rental markets.