Chain-free investment with instant rental income near shops and transport.
Five-bedroom mid-terrace HMO, tenants in situ, immediate rental income
Let currently achieving £2,750 pcm (income evidence provided)
EPC rating C; double glazing and mains gas central heating
Modern fitted kitchen and low-maintenance rear patio garden
Single communal bathroom for five bedrooms; potential HMO compliance issue
Small plot and no parking; compact rooms throughout
Built c.1900–1929 with cavity walls (assumed no insulation)
Located close to Albert Road amenities in popular student/professional area
This five-bedroom mid-terrace HMO in central Southsea presents a clear income-producing opportunity with tenants in situ and immediate rental return. Currently let at £2,750pcm, the freehold property offers reliable cashflow for investors targeting student and young professional demand close to Albert Road amenities.
The house retains period character externally and benefits from a modern fitted kitchen, double glazing and gas central heating. The low-maintenance rear patio garden and compact plot reduce upkeep, while the EPC rating of C is reasonable for the stock and helps keep operating costs moderate.
Buyers should note the property has a single communal bathroom for five bedrooms and a separate downstairs WC; this may affect future HMO licensing or tenant satisfaction and could limit rental uplift without reconfiguration. The property sits in a high-crime area and has small rooms and a compact plot, which are realistic constraints for some operators.
Overall this is a hands-on investment suited to landlords experienced with HMO management or investors willing to carry modest refurbishment to optimise layout and compliance. Chain-free sale and tenants in situ make the purchase straightforward for those seeking immediate rental income.
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