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10 bedroom semi-detached house for sale
Victoria Road North, Southsea
£900,000
Victoria Road North, Southsea
£900,000
Our Summary
- There is further scope to extend the development to either include parking to the rear, or add accommodation (subject to planning consent) Call us today to view
- GREAT INVESTMENT PROPERTY OPEN FOR DEVELOPMENT OPTIONS
- Great investment property open for development options
Description
This property is a fantastic investment opportunity, generating approximately £7,000 per month in rental income from its 10 bedrooms, all of which are let to professionals. The property underwent a major refurbishment in 2022, including new plumbing, heating, and boiler, and features a garage and shared drive. The spacious communal kitchen/dining area opens out to a nice-sized garden, and each of the 10 bedrooms has an ensuite bathroom. With an average monthly rental of £700 per room, the total monthly rental income is approximately £14,000, translating to £168,000 per year. This property is a must-see for anyone looking for a lucrative investment opportunity.