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7 bedroom semi-detached house for sale
125 Laburnum Grove, Portsmouth, Hampshire, PO2 0HF
£480,000
125 Laburnum Grove, Portsmouth, Hampshire, PO2 0HF
£480,000
Our Summary
- FOR SALE BY ONLINE AUCTION - Tagline Fully let 7-Bedroom semi-detached HMO producing £60,180 per annum; Description Well presented 7-bedroom all ensuite HMO Large fully integrated communal kitchen/diner and living space Recently refurbished Benefits from one parking space at the front of the property for a small car, and easily accessible on-street parking Fully occupied Rental income £60,180 per annum Location Laburnum Grove is located within a 30-minute walk of the city centre of Portsmouth
- Transport links are provided by both Portsmouth and Southsea Station as well as Fratton Station HMO Compliance HMO Compliance documentation can be found inside the legal pack Planning Planning application granted by Portsmouth County Council: Ref - 20/00749/FUL (08-07-2020) Change of use from dwelling house (Class C3) to purposes falling within Suis Generis (house in multiple occupation)
Description
This 7-bedroom semi-detached HMO property is fully let and producing £60,180 per annum, with a large communal kitchen/diner and living space that has been recently refurbished. The property benefits from one parking space and easily accessible on-street parking, making it an attractive investment opportunity. Located in Laburnum Grove, it's within a 30-minute walk of Portsmouth city centre and has access to nearby shops, amenities, and transport links. The property has HMO compliance documentation available and has been granted planning permission by Portsmouth County Council for a change of use from a dwelling house to a house in multiple occupation. With a fully integrated kitchen, all ensuite bedrooms, and a desirable location, this property is an excellent choice for investors looking for a steady income stream.