>
Telephone Road, Southsea PO4 4 bed terraced house for sale
Telephone Road, Southsea
£235,000
Telephone Road, Southsea
£235,000
Our Summary
- 15% NET YIELD ** GOVERNMENT BACKED AGREEMENT - LET UNTIL SEPTEMBER 2026 ** IDEAL STUDENT/PROFESSIONAL HOUSE ** DEVELOPMENT POTENTIAL (STP)**LET UNTIL SEPTEMBER 2026** GOVERNMENT BACKED COMPANY CONTRACT ** CIRCA 7
- Also benefitting from a south-facing Garden and circa 100sqm of accommodation, this house may lend itself as a development opportunity for a substantial uplift in future years (PDR or planning permitting
- DEVELOPMENT POTENTIAL (STP)
- Development potential (STP)
- Development potential (stp)
- POTENTIAL TO TURN INTO A 5 BEDROOM AT END OF CURRENT AGREEMENT
- Potential to turn into A 5 bedroom at end of current agreement
- Potential to turn into a 5 bedroom at end of current agreement
Description
Sarah Oliver presents this four-bedroom HMO for sale, let until September 2026 on a government-backed agreement, offering a net annual income of £16,800 with all bills covered by the company-tenant. The property benefits from a south-facing garden and circa 100sqm of accommodation, making it an ideal location for both students and professionals. With internal maintenance issues covered, this property is a hassle-free investment opportunity, and its location also presents potential for development in the future, subject to planning permission. With a net yield of circa 7.15%, this property is a lucrative investment opportunity, and viewing appointments can be arranged by contacting the agent.