Turnkey five-bed HMO with off‑street parking and strong student demand — refurbishment upside.
Five-bedroom licensed HMO with LDC (C4) planning consent
Reliable income and strong student demand make this Victorian semi a practical buy-to-let in central Southampton. Currently operated as a five‑bed HMO with an LDC (C4) certificate and an HMO licence in place until 2028, it produces around £26,400 pa from rooms, with four off‑street parking spaces adding circa £4,320 pa — gross potential about £30,720 pa.
The house retains period features: high ceilings, bay windows and Victorian brickwork that appeal to tenants and give clear scope for value‑adding refurbishment. The freehold title and long 999‑year lease arrangement (if the adjoining flat is not purchased) simplify ownership and planning for continued HMO use.
Be candid about running costs and location factors: the property is small (approx. 888 sq ft) with a single bathroom, likely cavity walls without insulation, and sits in an area with very high crime and socioeconomic deprivation. These realities affect management, maintenance budgets and insurance costs, so plan for ongoing repairs and tenant management.
This is best suited to an investor or landlord experienced with student HMOs who can carry out targeted works to improve energy performance and reduce voids. With active rental demand nearby, modest investment into refurbishment and energy upgrades should increase rent and appeal while safeguarding returns.
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