Montague Road, Portsmouth, Hampshire... 6 bed house of multiple occupation for sale

>

Montague Road, Portsmouth, Hampshire... 6 bed house of multiple occupation for sale

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.