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Montague Road, Portsmouth, Hampshire... 6 bed house of multiple occupation for sale
Montague Road, Portsmouth, Hampshire, PO2 0ND
£345,000
Montague Road, Portsmouth, Hampshire, PO2 0ND
£345,000
Our Summary
- We are pleased to bring to the market this fantastic investment opportunity
- there is still great potential to increase this income and the yield
- POTENTIAL TO INCREASE RETURN
- Potential to increase return
Description
This fantastic investment opportunity is a long-established, fully licensed HMO with a 98% occupancy rate across the past 10 years, boasting reliable long-term tenants on individual AST agreements. The current HMO license was issued in January 2025, and the property generates a gross rental income of £37,500 per annum, yielding 10%. With room for growth, there is potential to increase the income and yield, making this a lucrative investment opportunity for those looking to secure a reliable income stream.