7 bedroom terraced house for sale

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7 bedroom terraced house for sale

Chichester Road, Portsmouth, PO2
£600,000

Our Summary

  • This fully tenanted seven-bedroom HMO in central Portsmouth presents a lucrative, hands-off investment opportunity, generating a strong annual income of £67,500 with a 10

Description

This 7-bedroom HMO in central Portsmouth is a lucrative investment opportunity, generating a strong annual income of £67,500 with a 10.4% gross yield. The property is fully tenanted by working professionals and benefits from consistently high demand in the city, driven by its thriving economy and excellent transport links. The property is professionally managed and offers reliable returns in a high-growth location. The monthly rental income is £5,625, with monthly expenditure of £1,281, resulting in a net annual income of £52,128. With a long-term tenant stability and low-maintenance asset, this property presents a hands-off investment opportunity with strong potential for long-term growth.