Summary - 17 PERCY ROAD SOUTHSEA PO4 0BH
4 bed 2 bath Terraced
Ready-made HMO investment with garage and tenants in place close to local amenities.
Tenants in situ — HMO producing immediate rental income
A straightforward HMO investment in Southsea offering immediate rental income with tenants in situ. The mid-terrace Victorian property has four double bedrooms, two bathrooms and a garage with off-street parking, making it appealing for shared-occupancy lettings or an investor seeking steady yield.
The house benefits from gas central heating, double glazing and good broadband and mobile connectivity — practical features for tenant demand. The property is freehold and of average overall size (approx. 1,215 sqft) with a small courtyard garden, which reduces external maintenance while retaining outdoor space.
Notable negatives are clear and should factor into purchase appraisal: rooms are generally small, the building dates from early 1900s with cavity walls likely uninsulated, double glazing installed before 2002 and the area records above-average crime. Tenants are in situ (sold with tenancy), so possession timelines depend on existing agreements and HMO compliance. Renovation or upgrading (insulation, windows, possible modernisation) would improve long-term value and energy efficiency.
This is best placed for investors targeting student or shared housing in a cosmopolitan Southsea neighbourhood. Reasonable council tax and a garage add practical value, but budget for refurbishment and compliance checks before committing.
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