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Southsea, PO5

£485,000|House | 6 bedroom | Freehold|↑97.15% compared to last sold price
Approximate area: PO5
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Added on 17th January 2023 by Tully & Co, Southsea
On the market for 3 years, 7 months
Summary
A fantastic HMO investment opportunity which currently returns circa £41,000 per annum in Gross rental income. With individual room rates including all bills, the property currently returns circa 7% NET at the asking price (at full occupancy levels). Let to professional tenants ...
Price history
2011 £246,000
  (+6.96%)
2009 £230,000
  (+21.05%)
2003 £190,000
£100k£200k£300k£400k£500k20032009201520212026Asking £485,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 4th March 2021 - Valid
EPC rating: D
Property age: 1930-1949
EPC energy efficiency rating: current 61, potential 73
Rent data
20 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £2,250 to £5,390 which represents a yield of between 5.6% and 13.3% if buying at the asking price
A yield of 6.2% to 14.8% if purchased for 90% of the asking price (£436,500)
A yield of 7% to 16.7% if purchased for 80% of the asking price (£388,000)
Stamp duty
£
Main and only residence: £14,250.00
First-time buyer: £9,250.00
Buy-to-let: £38,500.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None