5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Selbourne Terrace, Fratton
£275,000

Our Summary

  • TO BE SOLD BY PUBLIC AUCTION AT A DATE TO BE CONFIRMED(UNLESS SOLD PREVIOUSLY)
  • We invite IMMEDIATE CASH OFFERS, prior to possible Public Auction, for this highly lucrative INVESTMENT opportunity, being a very conveniently situated FIVE BEDROOM HOUSE WITH C3/C4 (HMO) PLANNING CONSENT, let currently to student sharers at £1,900 p
  • excluding bills, with a projected uplift to £2,000 p

Description

A five-bedroom house with C3/C4 planning consent is available for sale through public auction, with a guide price of £265,000-£275,000. The property is currently let to student sharers at £1,900 per month, resulting in a gross yield of 8.5% per annum. Located in a convenient position between Fratton Station and Southsea Town Centre, the property is a four-storey terrace with a rendered and tile-hung facade and a pitched and tiled roof. The property features an enclosed patio garden, cycle store, and pedestrian access. The property is available immediately and has held a full HMO Licence for the past 8 years.
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