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Excellent 14 Bed Professional HMO & 2 x 1bed flats

£ 1,100,000 For Sale
Freehold Bedroom Mid-Terraced House HMO Property For Sale
Cranbury Terrace Southampton Hampshire S014
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1089
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0203 970 4112
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Price : £ 1100000
Gross Yield : 10.22 %
Gross Monthly Rent: £ 9364

A high yielding, well maintained, substantial freehold four-storey Grade II Listed Townhouse located in an established residential area close to Southampton City Centre. The Royal South Hants Hospital is located less than half a mile away by foot. Southampton General Hospital, Solent and Southampton Universities are within close proximity, as is Southampton Central Station, Southampton Airport and M3 links East and West.

HMO licensed until 2021 with good quality tenants producing an income of £115,000 per annum, giving a rental yield of 10.22%

Comprising two self-contained flats and 14 letting rooms with all the required amenities

Property Sub Type: Mid-Terraced House
No Storeys: 4
Tenure: Freehold
Construction: Brick & Tile
Condition: Excellent
Garage: None
Additional Parking: Off-road
Heating: Gas Central Heating
Double Glazing: Part
Tenant Type: Professional
Fully Tenanted
Fully Refurbished
Great Location
Strong Rental Demand
Capital Growth Potential
Good Transport Links
Fully Managed
Wifi Enabled Heating
Wireless Broadband
Shared Kitchen Dining Area
HMO Compliant Fire Alarm
Single Ensuite: 2
Double Ensuite: 9
Studio: 2
Kitchens: 1
Kitchenettes: 6
Reception Rooms: 1
Ensuite Bathrooms: 11
Room Type: Price
1 Bed Flat £ 795
1 Bed Flat £ 832
Double Room / Shared Bathroom £ 650
Double Room / Shared Bathroom £ 540
Double Room / Shared Bathroom £ 540
Double Room / Shared Bathroom £ 586
Double Room / Shared Bathroom £ 565
Single Room / Shared Bathroom £ 485
Double Room / Ensuite £ 601
Double Room / Ensuite £ 560
Double Room / Ensuite £ 595
Double Room / Ensuite £ 540
Single Room / Shared Bathroom £ 475
Double Room / Shared Bathroom £ 520
Double Room / Shared Bathroom £ 540
Double Room / Shared Bathroom £ 540
Gross Monthly Rent: £ 9364
HMO Licence Required: Yes
HMO Licence In Place: Yes
HMO Licence Expiry Date: 01-01-22
Licensed No of Persons: 14
Licensed Units of Accomodation: 14
Planning Use Class: Sui Generis
Gas:£ 155
Electric:£ 224
Water:£ 150
Broadband:£ 58
Insurance:£ 125
Cleaner:£ 200
Council Tax:£ 250
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