Characterful investment with immediate rental income and conversion flexibility.
Four double bedrooms plus two bathrooms, arranged as an HMO
A four-bedroom Victorian mid-terrace in Portswood currently operated as an HMO, offered freehold with immediate rental income. The property retains original features — ornate coving, fireplaces and bay windows — which help attract student tenants and add character. It is let until the end of June 2026, producing £1,600 pcm (bills excluded), making it a hands-off income option until that date.
Internally the layout includes a lounge, dining room, fitted kitchen and two bath/shower rooms across approximately 915 sq ft. The house benefits from double glazing, gas central heating with boiler and radiators, and a low-maintenance garden. On-street parking and excellent mobile and broadband connectivity suit the student market.
Notable considerations: the area is classed as a cosmopolitan student neighbourhood with higher crime and local deprivation indicators, which will influence tenant mix and lettings strategy. The building dates from c.1900–1929 and has cavity walls with no added insulation (assumed), so energy performance and ongoing maintenance should be budgeted for. The property is sold with tenants in situ and cannot be occupied as a residential single household until June/July 2026 if currently operated under HMO arrangements.
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