Chain-free investment with parking and development potential close to university.
Five-bedroom licensed HMO, vacant possession and immediately rentable
A substantial five-bedroom mid-terrace offered freehold and chain-free, presented as a licensed HMO with vacant possession and immediate rental potential. The layout includes five bedrooms, a bathroom plus separate WC, and communal living space, already configured for multiple occupancy. Off-street parking to the rear accommodates several vehicles (up to four reported) with two additional spaces to the front, a rare practical benefit for inner-city properties.
The property sits close to the University of Southampton, the general hospital and the city centre, supporting strong tenant demand from students and professionals. There is also potential for further development to the rear, subject to necessary planning consents, which could increase income or living space. Heating is by mains gas boiler and radiators; glazing is double glazed (install date unknown).
Buyers should note material negatives: the area ranks as very deprived and the wider neighbourhood is an inner-city ethnic mix, which may affect long-term capital growth for some buyers. The external façade and some internal finishes show dated wear and will need cosmetic updating; cavity walls are assumed to have no insulation, which could mean immediate energy-efficiency works. Council tax is low, and broadband and mobile signal are both good.
This property is aimed at investors or landlords seeking an income-producing HMO with scope to add value through targeted refurbishment or planning-led extension to the rear. It offers immediate cashflow with realistic upside if you are prepared to manage refurbishment and navigate local planning processes.
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