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5 bedroom block of apartments for sale
Marmion Road, Southsea
£380,000
Marmion Road, Southsea
£380,000
Our Summary
- *** FREEHOLD INVESTMENT OPPORTUNITY *** *** SHOP AND MAISONETTE *** *** CURRENTLY LET ****** 5 BED HMO *** *** SEPARATE SHOP *** *** GROSS RETURN ON INVESTMENT OF 11
Description
This freehold property in Marmion Road offers a unique investment opportunity, comprising a lock-up shop on the ground floor, currently tenanted, and a 5-bedroom maisonette above, used as a HMO and currently let to professional tenants on a room-by-room basis. The maisonette has a gross return on investment of 11.7% on current rents, making it an attractive opportunity for investors. The property also features a rear courtyard garden and a separate shop with a kitchenette, providing a versatile space for retail or other uses. With a rare opportunity to acquire a freehold block in this sought-after area, early interest is encouraged.