Turn-key five-bed HMO near universities, 6.9% gross yield and new tenancy in place.
Five double bedrooms with three bathrooms, including one en-suite
A tried-and-tested HMO in a popular student corridor between Portswood and The Avenue, this five-double-bedroom detached house offers immediate rental income and proven demand. Currently producing £27,600 pa (6.9% gross yield) and sold with a Certificate of Lawful Use, it suits investors wanting a turn-key rental asset with a new tenancy in place for 2025–26.
Internally the property is arranged around a large open-plan communal kitchen/living room that opens to a substantial rear garden — a clear tenant draw for social groups. The five double bedrooms and three bathrooms (one en-suite) give flexible sharing layouts; off-street parking for two cars and a big brick storage shed add practical appeal.
Practical considerations: the property has an EPC rating of D, a HMO licence for five occupants and council tax band D. Crime levels in the area are high, and glazing install dates are unknown. Buyers should factor in ongoing management, the HMO licence conditions and routine maintenance when assessing returns. Freehold and chain-free, this is a straightforward purchase for an investor seeking immediate income in a student-focused location.
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