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6 bedroom terraced house for sale
Montague Road, Portsmouth
£375,000
Montague Road, Portsmouth
£375,000
Our Summary
- ** FANTASTIC INVESTMENT ** FULLY LICENSED HMO ** We are pleased to bring to the market this fantastic investment opportunity
- there is still great potential to increase this income and the yield
Description
This fantastic investment opportunity is a fully licensed HMO with a long history of high occupancy rates and reliable long-term tenants. The property has a gross rental income of £37,500 per annum, providing a return of 10%. With the potential to increase the income and yield, this property is a great opportunity for investors. The property features six bedrooms, four en-suite bathrooms, a communal bathroom, and a kitchen, with a spacious living room and garden. The property is located in Portsmouth and is assessed at Band C for council tax, with a annual cost of £1,844.85. The current HMO license was issued in January 2025, and the property is available for viewing with the Portsmouth branch.