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Incredible 5 Bed Professional HMO

£ 287,500 For Sale
Freehold 5 Bedroom Mid-Terraced House HMO Property For Sale
Emsworth Road Portsmouth Hampshire PO2 - REF #014
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0203 970 4112
New
Price : £ 287500
Gross Yield : 8.62 %
Gross Monthly Rent: £ 2065
Operational Costs: £ 494
Net Monthly Rent: £ 1571
Net Yield: 6.56 %

RECENTLY COMPLETED REMODELLED AND REFURBISHED 5 BEDROOM, 2 BATHROOMS COUNCIL CERTIFICATED HMO FULLY TENANTED WITH PROFESSIONALS.

This property has been inspected and awarded a 5 bed HMO certificate by Portsmouth city council. This is no longer possible to obtain in the Portsmouth area without a full planning application.

The big bedrooms are very attractive to tenants as they have a good living space, are fully furnished and equipped for a comfortable living. They also include wi-fi and hard-wired broadband. All the furniture, fixtures and fittings are included in the price.

5 Bedroom properties are the benchmark in converted HMO usage. They give the ultimate balance between a high rental yield and offering the most attractive rooms for students because of the size of the rooms and the general accommodation.

Property Sub Type: Mid-Terraced House
No Storeys: 2
Tenure: Freehold
Condition: Excellent
Garage: None
Additional Parking: None
Garden: Rear
Heating: Gas Central Heating
Double Glazing: Full
Tenant Type: Professional
Fully Tenanted
Fully Refurbished
Great Location
Strong Rental Demand
Capital Growth Potential
Good Transport Links
Fully Managed
Wireless Broadband
Shared Kitchen Dining Area
HMO Compliant Fire Alarm
Double: 3
Double Ensuite: 2
Total Lettable Units: 5
Kitchens: 1
Reception Rooms: 1
Ensuite Bathrooms: 2
Shared Bathrooms: 1
Separate WCs: 1
Room Type: Price
Double Room / Shared Bathroom £ 395
Double Room / Shared Bathroom £ 350
Double Room / Ensuite £ 525
Double Room / Shared Bathroom £ 395
Double Room / Ensuite £ 400
Gross Monthly Rent: £ 2065
HMO Licence Required: Yes
HMO Licence In Place: Yes
HMO Licence Expiry Date: 07-05-24
Licensed No of Persons: 5
Licensed Units of Accomodation: 5
Planning Use Class: C4
Gas:£ 117
Electric:£ 80
Broadband:£ 60
Insurance:£ 30
Cleaner:£ 84
Council Tax:£ 123
Total Costs:£ 494
Floor Plan
rooms: 5
baths: 2
Floor Plan
HMO Licence:
Planning Permission:
RICS Valuation:
Gas Safety Cert:
Elect Safety Cert:
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