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6 bedroom house for sale
Lawrence Road, Southsea PO5
£485,000
Lawrence Road, Southsea PO5
£485,000
Our Summary
- A fantastic HMO investment opportunity which currently returns circa £41,000 per annum in Gross rental income
Description
This is a fantastic HMO investment opportunity in Southampton, generating £41,000 in gross rental income per annum. With individual room rates inclusive of all bills, the property currently returns circa 7% net at the asking price, or £585.51 per month. The six-bedroom property is located close to Fratton station and is let to professional tenants on individual ASTs. The current owner includes the cost of a TV license, WiFi, and utilities in the monthly expenses, which may fluctuate with changing costs. Early viewing is advised.