House For Sale £650,000
Summary
This is a more than spacious 9 bedroom HMO property located on Lawrence Road, Southsea. With tenants lined up from 1st September for 11 months, this is a fantastic investment with a healthy yield as well as the potential for further growth, both in the property and financially. Call now to view.
Description
This is a generous sized 9 bedroom HMO property located in the central location of Lawrence Road, Southsea. Close to local amenities and entertainment, this is a sought after area of students and young professionals. In this property, all bedrooms are spacious doubles, with plenty of room for wardrobes and desk space, and all rooms have key codes. The kitchen is located in the basement, which is more than spacious with plenty of cupboard space, wall and base units, dining area as well fridges and freezers, The communal area is on the ground floor, which backs on nicely to the utility room and downstairs WC. The garden is low maintenance as well as have rear access and is barely overlooked by neighbouring properties. There are two separate shower rooms across the property, all in good condition and contain shower cubicle, WC and whb. As well as all this the property shows potential for growth in terms of the ability to create more rooms, therefore increasing the yearly income. This property would make a fantastic addition to an investment portfolio, or those looking for a great way to get their foot in the door for HMO's.The conservative rent has been fairly static over the last 10 years and could well achieve a much higher return. Please call now to book your viewing.
Lounge 14' 8" x 10' 7" ( 4.47m x 3.23m )
Kitchen Irregular Shaped Room 16' 3" x 15' 9" max ( 4.95m x 4.80m max )
Utility Room 7' 1" x 5' 1" ( 2.16m x 1.55m )
Shower Room
shower cubicle, whb, WC, Partially tilled.
Bedroom 1 16' 6" x 14' ( 5.03m x 4.27m )
Bedroom 2 17' x 9' 8" max ( 5.18m x 2.95m max )
Bedroom 3 16' 9" x 9' 7" max ( 5.11m x 2.92m max )
Bedroom 4 14' 5" x 10' 7" ( 4.39m x 3.23m )
Shower Room 2
partially tilled. Shower cubicle. WC. Whb
Bedroom 5 16' 6" x 12' 6" max ( 5.03m x 3.81m max )
Bedroom 6 7' 9" x 11' 4" ( 2.36m x 3.45m )
Bedroom 7 10' 8" x 9' 6" ( 3.25m x 2.90m )
Bedroom 8 11' 5" x 10' 3" ( 3.48m x 3.12m )
Bedroom 9 9' x 19' 8" ( 2.74m x 5.99m )
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
This is a more than spacious 9 bedroom HMO property located on Lawrence Road, Southsea. With tenants lined up from 1st September for 11 months, this is a fantastic investment with a healthy yield as well as the potential for further growth, both in the property and financially. Call now to view.
Description
This is a generous sized 9 bedroom HMO property located in the central location of Lawrence Road, Southsea. Close to local amenities and entertainment, this is a sought after area of students and young professionals. In this property, all bedrooms are spacious doubles, with plenty of room for wardrobes and desk space, and all rooms have key codes. The kitchen is located in the basement, which is more than spacious with plenty of cupboard space, wall and base units, dining area as well fridges and freezers, The communal area is on the ground floor, which backs on nicely to the utility room and downstairs WC. The garden is low maintenance as well as have rear access and is barely overlooked by neighbouring properties. There are two separate shower rooms across the property, all in good condition and contain shower cubicle, WC and whb. As well as all this the property shows potential for growth in terms of the ability to create more rooms, therefore increasing the yearly income. This property would make a fantastic addition to an investment portfolio, or those looking for a great way to get their foot in the door for HMO's.The conservative rent has been fairly static over the last 10 years and could well achieve a much higher return. Please call now to book your viewing.
Lounge 14' 8" x 10' 7" ( 4.47m x 3.23m )
Kitchen Irregular Shaped Room 16' 3" x 15' 9" max ( 4.95m x 4.80m max )
Utility Room 7' 1" x 5' 1" ( 2.16m x 1.55m )
Shower Room
shower cubicle, whb, WC, Partially tilled.
Bedroom 1 16' 6" x 14' ( 5.03m x 4.27m )
Bedroom 2 17' x 9' 8" max ( 5.18m x 2.95m max )
Bedroom 3 16' 9" x 9' 7" max ( 5.11m x 2.92m max )
Bedroom 4 14' 5" x 10' 7" ( 4.39m x 3.23m )
Shower Room 2
partially tilled. Shower cubicle. WC. Whb
Bedroom 5 16' 6" x 12' 6" max ( 5.03m x 3.81m max )
Bedroom 6 7' 9" x 11' 4" ( 2.36m x 3.45m )
Bedroom 7 10' 8" x 9' 6" ( 3.25m x 2.90m )
Bedroom 8 11' 5" x 10' 3" ( 3.48m x 3.12m )
Bedroom 9 9' x 19' 8" ( 2.74m x 5.99m )
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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