Summary - 94 GOODWOOD ROAD SOUTHSEA PO5 1NW
3 bed 2 bath Terraced
Ready-let HMO with secured academic-year income and planning flexibility.
Full HMO licence in place and let for 2025/26 at £1,500 pcm
This Victorian mid-terrace in Southsea offers a compact, income-producing three-bedroom layout ideal for buy-to-let investors. The property is chain-free, comes with a full HMO licence and has a strong letting history since 2009, currently secured at £1,500 pcm for the 2025/26 academic year, providing immediate rental income.
Accommodation is arranged over two storeys with a ground-floor bedroom, communal living room, fitted kitchen, small low-maintenance courtyard and two first-floor bedrooms plus a modern bathroom and downstairs WC. Double glazing and gas central heating are in place; the overall internal footprint is small (approx. 808 sq ft).
Practical points for buyers: the building is traditional Victorian with assumed cavity walls and no installed insulation, and the neighbourhood records above-average crime levels. The property holds planning permission for both C3 and C4 use classes until 2034 and an HMO licence in force until 2029, giving flexibility for owner-occupation or continued HMO use.
This is a straightforward, easy-to-manage student/young-professional rental with renovation potential to improve energy performance and margins. Prospective purchasers should carry out a full inspection and structural survey and note tenants are in situ.
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