Summary - 316 FAWCETT ROAD SOUTHSEA PO4 0LG
5 bed 1 bath Terraced
Chain-free HMO with immediate rental income and low-maintenance garden.
Five-bedroom HMO layout currently let at £2,750 pcm
Chain-free sale for straightforward completion
Modern kitchen and communal shower room in place
Single bathroom and one WC for five bedrooms — potential bottleneck
Small, low-maintenance enclosed rear patio garden
Cavity walls show no insulation (assumed) — upgrade opportunity
High local crime level; may affect tenant mix and insurance costs
Cheap council tax and excellent broadband/mobile connectivity
This chain-free mid-terrace HMO sits in central Southsea close to Albert Road’s shops, bars and transport links — a location that consistently attracts students and young professionals. Currently let at £2,750 pcm, it offers immediate rental income and straightforward HMO layout across five bedrooms and communal spaces.
Internally the property has a modern fitted kitchen, contemporary communal living space and a refurbished shower room, keeping void times low. A small, low-maintenance rear patio garden provides outdoor space without heavy upkeep, which suits a lettings model.
There are practical upgrade opportunities that would add value: the cavity walls appear to have no insulation (assumed), the double glazing install date is unknown and there is a single communal shower room and one downstairs WC serving five bedrooms. These are typical, manageable considerations for investors looking to improve energy performance and amenity levels.
Buyers should note the immediate positives and limitations: good broadband and mobile signal, affordable council tax, and a proven tenant market nearby, offset by a high local crime level which may impact certain tenant profiles and insurance costs. Overall this property is a hands-on investment with sensible short-term returns and clear scope for energy and amenity enhancements.
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