House For Sale £450,000
King Street, Southsea

We are delighted to offer to market this characterful Southsea residence, which is currently a Five Bedroom Student HMO generating £25,800 per annum and being offered with no forward chain. The sellers have acquired tenants for the upcoming academic year with tenants vacating in Summer 2025, which boasts a 5.7% yield. The internal accommodation is split over four floors and comprises: five bedrooms, two bath/shower rooms, a spacious kitchen/diner and a dedicated laundry/drying room. The property is conveniently located within walking distance of local amenities and shops, which can be found on Castle Road, Elm Grove and nearby Gunwharf Quays. Discerning purchasers are strongly recommended to put forward the earliest of enquiries to avoid disappointment.

Ground Floor

Lounge - 14' 0'' x 12' 3'' (4.26m x 3.73m)

Kitchen - 13' 0'' x 10' 4'' (3.96m x 3.15m)

Basement Level

Master Bedroom - 13' 7'' x 12' 0'' (4.14m x 3.65m)

Bedroom 2 - 12' 10'' x 9' 10'' (3.91m x 2.99m)

Shower Room - 5' 11'' x 5' 0'' (1.80m x 1.52m)

First Floor Landing

Bedroom 3 - 13' 0'' x 10' 0'' (3.96m x 3.05m)

Bedroom 4 - 13' 0'' x 10' 6'' (3.96m x 3.20m)

Second Floor Landing

Bedroom 5 - 14' 10'' x 12' 8'' (4.52m x 3.86m)

Bathroom - 9' 4'' x 7' 10'' (2.84m x 2.39m)

Council Tax Band: C
Tenure: Freehold