7 Festing Road, Southsea, Hampshire, PO4 0NG
- Unconditional Online Sale
- Offers in Excess of : £725,000
- Bedrooms: 8
- Bathrooms: 8
- Reception Rooms: 1
Fully Licensed 8-Bed All-Ensuite HMO | £77,040 Annual Income | 10.63% Gross Yield | Prime Southsea Location | Near Seafront, University & Employers | Professional Tenants | Excellent Transport Links | Regeneration Area | Turnkey Investment
Description
This well-presented 8-bedroom, all-ensuite HMO offers a strong, income-generating investment in a prime Southsea location. Fully let to working professionals, the property produces £77,040 in annual rental income, delivering a robust gross yield of 10.63% with stable occupancy and dependable returns. Ideally situated close to the seafront, the University of Portsmouth, shops, and major employers, it benefits from consistent tenant demand, while excellent rail links to London and Southampton, plus easy access to the M27, A3, and ferry routes, enhance commuter appeal. With significant regeneration across Portsmouth and Southsea’s city centre and waterfront supporting long-term growth, this property represents a secure, high-yielding opportunity in one of the South Coast’s most desirable and resilient rental markets.
Income Breakdown (Monthly)
| Room 1: £850.00 |
| Room 2: £775.00 |
| Room 3: £775.00 |
| Room 4: £750.00 |
| Room 5: £825.00 |
| Room 6: £825.00 |
| Room 7: £825.00 |
| Room 8: £795.00 |
| Total Monthly Income: £6,420.00 |
| Gross Annual Income: £77,040.00 |
Expenditure Breakdown (Monthly):
| Gas: £120.00 |
| Electric: £420.00 |
| Water: £60.00 |
| Council Tax: £162.00 |
| TV License: £15.00 |
| Broadband: £60.00 |
| Cleaner: £125.00 |
| Management: £642.00 (10% + VAT) |
| Total Monthly Expenditure: £1,604.00 |
| Total Annual Expenditure: £19,248.00 |
Investment Performance:
| Net Annual Income: £57,792.00 |
| Gross Yield: 10.63% |
| Net Yield: 7.97% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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