Terraced house for sale in Telephone Road, Southsea PO4
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Property features
- Ideal student/professional house
- £16,800 gross annual income
- Circa 7% net
- Government backed agreement - let until September 2026
- Tenants cover bills and responsible for internal maintenance
- Development potential (STP)
- Sought after location
- South facing garden
- Potential to turn into A 5 bedroom at end of current agreement
Property description
£16,800 gross annual income ** circa 7% net yield ** government backed agreement - let until September 2026 ** ideal student/professional house ** development potential (STP)
**let until September 2026** government backed company contract ** circa 7% net yield ** £16,800 net annual income** Sarah Oliver is delighted to present this four bedroom HMO for sale with no onward chain. Let until September 2026 on a government-backed agreement, this house sits in an optimal location for both students and professionals and benefits from a net annual income of £16,800 with internal maintenance issues and all bills covered by the conmpany-tenant.
Also benefitting from a south-facing Garden and circa 100sqm of accommodation, this house may lend itself as a development opportunity for a substantial uplift in future years (pdr or planning permitting.)
Contact now to arrange your appointment to view.
Property info
For more information about this property, please contact
Sarah Oliver Property, PO7 on +44 1730 297371 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sarah Oliver Property, and do not constitute property particulars. Please contact Sarah Oliver Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
