Summary - 1B WALBERTON AVENUE PORTSMOUTH PO6 2JH
6 bed 5 bath House of Multiple Occupation
Secure income-producing investment near university and major employers.
6-bed, 5-bath HMO with four ensuite rooms and two additional WCs
This six-bedroom, five-bath HMO (four ensuites) on Walberton Avenue is a hands-off income property in a well-connected Portsmouth location. Fully tenanted by working professionals, it produces a gross annual income of £44,820, equating to a 10.19% yield — attractive for investors seeking immediate cash flow and stable occupancy near major employers and the university.
The house is freehold, semi-detached and dates from the late 1970s/early 1980s, with double glazing and gas central heating. Communal living, dining and kitchen spaces support the HMO layout, while an attached garage and small garden add practical value. Excellent local transport links, ongoing city-centre and waterfront regeneration, and proximity to the naval base strengthen rental demand and long-term capital prospects.
The property shows signs of age and will benefit from modernization to maximise rent and capital growth; image notes indicate basic finishes, low-to-average ceiling heights and medium-sized rooms. Buyers should budget for cosmetic and systems upgrades where needed. A Buyer Onboarding Fee of £250 + VAT is payable on offer acceptance for AML and onboarding services — this cost is in addition to the purchase price.
Overall, this HMO suits investors seeking a stable, income-generating asset with upside through selective refurbishment. It is best viewed with the expectation of planned improvement work to enhance tenant appeal and rental value.
7 bedroom house of multiple occupation for sale in Chichester Road, Portsmouth, Hampshire, PO2 — £630,000 • 7 bed • 7 bath • 1185 ft²
5 bedroom terraced house for sale in Chichester Road, Portsmouth, Hampshire, PO2 — £340,000 • 5 bed • 5 bath • 1318 ft²
4 bedroom terraced house for sale in Bramble Road, Portsmouth, PO4 — £300,000 • 4 bed • 1 bath • 952 ft²
4 bedroom terraced house for sale in Stubbington Avenue, Portsmouth, PO2 — £280,000 • 4 bed • 2 bath • 732 ft²
4 bedroom terraced house for sale in Boulton Road, Southsea, Hampshire, PO5 — £220,000 • 4 bed • 2 bath • 830 ft²
3 bedroom terraced house for sale in Stubbington Avenue, Portsmouth, Hampshire, PO2 — £280,000 • 3 bed • 3 bath • 733 ft²
