Stable income property close to waterfront and local amenities.
- Fully licensed six-bedroom HMO with six ensuite rooms
- Current income £44,340 per annum, long-term full occupancy
- Open-plan communal kitchen/living area, turnkey investment
- Low-maintenance rear garden and limited off-street parking
- Double glazing installed after 2002; mains gas central heating
- Solid brick walls likely without cavity insulation (assumed)
- Exterior needs minor maintenance and repainting
- Rents not recently increased — scope to improve income
A fully licensed six-bedroom HMO on Alver Road, PO12, offering a turnkey investment with current annual income of £44,340 and a long record of full occupation. Six ensuite rooms and a communal open-plan kitchen/living area make management straightforward for a professional landlord. Many tenants have remained 2–7 years, demonstrating tenant demand and stable income.
The property is freehold, double-glazed (post-2002) and gas centrally heated via boiler and radiators. The layout is long and linear across two floors, totalling approximately 1,851 sq ft — room sizes range from average to large, giving flexible rental potential or alternative conversion options.
Practical positives include low-maintenance rear garden, some off-street parking and excellent mobile signal plus fast broadband — useful for managed HMOs and student or professional renters. The property sits in a generally low-crime area close to the waterfront, local amenities and schools.
Notable items for buyers: the building is solid-brick and likely has little cavity insulation; exterior would benefit from minor maintenance and repainting. The landlord has not increased rents recently, so there is clear scope to improve income, but investors should allow for periodic upkeep and roof/gutter inspection given age (pre‑1900 construction).
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