**Standout Features:**
- **Investment Potential:** Currently generating £23,920 per annum as a licensed House of Multiple Occupancy (HMO).
- **Prime Location:** Just minutes from the bustling Portswood High Street, in a vibrant cosmopolitan student neighborhood.
- **Generous Space:** Five well-sized bedrooms, perfect for student accommodation.
- **Open-Plan Living Area:** Spacious living room with kitchen, ideal for social gathering.
- **Outdoor Space:** Secure rear garden accessible from the living area.
- **Chain Free:** Straightforward purchase process with no onward chain.
**Notable Concerns:**
- **High Crime Rate:** Potential concern for personal security.
- **Unmodernized Spaces:** May require cosmetic updates to meet contemporary standards.
- **Cavity Walls:** No insulation assumed, which may affect energy efficiency.
Nestled in the lively SO17 postcode, this charming Victorian terraced property offers a lucrative opportunity for investors seeking a rental-ready asset in a high-demand student area. The home features five spacious bedrooms and a well-maintained shared bath, making it an appealing choice for university students. The open-plan living area, flooded with natural light, seamlessly connects to a cozy rear garden—ideal for outdoor relaxation.
With a proven track record of successfully operating as an HMO for over thirty years and currently leased at £23,920 per annum for the upcoming academic year, this property promises immediate income potential. Its chain-free status simplifies the purchasing process, allowing for swift investment entry. Act quickly to secure this rare investment opportunity in a fast-moving market!