House For Sale £375,000
HMO, five bedrooms and four luxury bathrooms. Operated as A HMO for nearly 10 years this business opportunity provides rent of £2900 pcm & £34800 annually. Great addition to A portfolio or as A stand alone investment. The property received an extensive refurbishment installing A brand new central heating system with state of the art thermastatic controls and A full electrical rewire, in addition 4 modern private bathrooms were installed and have received full make overs in the last 12 months making this A highly requested HMO for professional tenants co-living. The house is aprox. 4 mins easy walk to the local train station plus the main line southampton airport parkway which has direct trains to london in 1HR 15MINS. Southampton airport and its many employees are also local to this central property.
Maintained to an extremely high standard the property consists of.....
EPC C - ready to meet the 2025 EPC rental criteria therefore no additional refurb needed.
Option to extend (permitted development) allowing additional tenantable rooms to increase the roi further.
Professional and referenced tenants in place with no rent arrears and an experienced management system in place.
Fully equipped and sociable kitchen diner providing a great co-living reception room for all tenants and sufficient individual storage and cooking facilities where needed. Plus an additional breakfast bar conservatory leading the the south facing garden.
Each bedroom (five in total) all have been totally redecorated within the last 18 months keeping the property to a high standard. All fixtures and fittings are of a high standard and provides quality co-living with minimal maintenance. The property is to be sold with all furnishings as seen.
Each bathroom is luxurious with walk in double showers, private toilets, tall heated towel rails and is allocated to tenants privately which successfully does not take space away from their personal rooms but provides the all important ensuite/private lockable bathroom for individual use. This concept assists in the increase demand for rents.
Bills are very reasonable and heating is controlled with digital thermostats ensuring monitoring of bills and comfortable cozy living in all seasons.
Council Tax is band B.
All rooms have compliant fire safety doors, inside each room is a smoke detector, plus all landings, hall ways and conservatory. Emergency lighting is in place meeting local council regulations. This HMO is not needing any upgrades or replacements. Earn full rents from day one...no waiting for A refurb, expensive building materials or builder delays. Fully licensed.
Additionally there is a funky conservatory for working from home area or just having a meal with housemates or just catching the sun with this south facing property.
The back garden is laid to patio and is well maintained. A shed is included for tenant bikes or additional outdoor sport items.
Why is the owner selling such a great well loved HMO? semi-retirement plus plans to relocate thus capital required.
No voids, no problem tenants, no hidden issues just A great property and great return to be passed on.
Investors will need to provide proof of funds and ability to proceed. Viewings are strictly by appointment and only with serious investors.
Purchase options of a delayed completion considered. This property is being sold directly by the owner.
When enquiring please quote IATA18588
Maintained to an extremely high standard the property consists of.....
EPC C - ready to meet the 2025 EPC rental criteria therefore no additional refurb needed.
Option to extend (permitted development) allowing additional tenantable rooms to increase the roi further.
Professional and referenced tenants in place with no rent arrears and an experienced management system in place.
Fully equipped and sociable kitchen diner providing a great co-living reception room for all tenants and sufficient individual storage and cooking facilities where needed. Plus an additional breakfast bar conservatory leading the the south facing garden.
Each bedroom (five in total) all have been totally redecorated within the last 18 months keeping the property to a high standard. All fixtures and fittings are of a high standard and provides quality co-living with minimal maintenance. The property is to be sold with all furnishings as seen.
Each bathroom is luxurious with walk in double showers, private toilets, tall heated towel rails and is allocated to tenants privately which successfully does not take space away from their personal rooms but provides the all important ensuite/private lockable bathroom for individual use. This concept assists in the increase demand for rents.
Bills are very reasonable and heating is controlled with digital thermostats ensuring monitoring of bills and comfortable cozy living in all seasons.
Council Tax is band B.
All rooms have compliant fire safety doors, inside each room is a smoke detector, plus all landings, hall ways and conservatory. Emergency lighting is in place meeting local council regulations. This HMO is not needing any upgrades or replacements. Earn full rents from day one...no waiting for A refurb, expensive building materials or builder delays. Fully licensed.
Additionally there is a funky conservatory for working from home area or just having a meal with housemates or just catching the sun with this south facing property.
The back garden is laid to patio and is well maintained. A shed is included for tenant bikes or additional outdoor sport items.
Why is the owner selling such a great well loved HMO? semi-retirement plus plans to relocate thus capital required.
No voids, no problem tenants, no hidden issues just A great property and great return to be passed on.
Investors will need to provide proof of funds and ability to proceed. Viewings are strictly by appointment and only with serious investors.
Purchase options of a delayed completion considered. This property is being sold directly by the owner.
When enquiring please quote IATA18588
