17 Paddington Road, Portsmouth, Hampshire, PO2 0DU
- Unconditional Online Sale
- Offers in Excess of : £540,000
- Bedrooms: 7
- Bathrooms: 7
Fully Tenanted 7-Bed All-Ensuite HMO | £54,240 Annual Income | 10.04% Gross Yield | Prime Portsmouth Location | Near Naval Base & University | Professional Tenants | Excellent Rail & Road Links
Description
This modern, well-presented, fully compliant 7-bedroom, all-ensuite HMO offers a compelling high-yield investment opportunity in a prime Portsmouth location. Fully tenanted by working professionals, the property generates £54,240 in annual rental income, delivering a strong gross yield of 10.04% with stable occupancy and dependable cash flow. Finished to a high standard throughout, the property is ideally positioned close to Portsmouth Naval Base, the University of Portsmouth, and a wide range of city amenities, supporting consistent demand from professional tenants. Excellent rail connections to London and Southampton, together with convenient access to the M27 and A3, further enhance its appeal to commuters and working professionals. Supported by ongoing waterfront, city centre, and Tipner regeneration initiatives, the area continues to benefit from investment and infrastructure improvements that support long-term rental demand. This asset represents a resilient, income-generating investment with attractive yield potential and strong long-term growth prospects in one of the South Coast's most established and well-connected rental markets.
Income Breakdown (Monthly)
| Room 1: £595 |
| Room 2: £700 |
| Room 3: £675 |
| Room 4: £600 |
| Room 5: £650 |
| Room 6: £650 |
| Room 7: £650 |
| Total Monthly Income: £4,520.00 |
| Total Annual Income: £54,240.00 |
Expenditure Breakdown (Monthly):
| Gas: £122 |
| Electric: £196 |
| Water: £59 |
| Council Tax: £154 |
| TV Licence: £15 |
| Broadband: £39 |
| Cleaner: £300 |
| Management: Self-managed |
| Maintenance reserve: £350 |
| Insurance: £24 |
| Total Monthly Expenditure: £1,259.00 |
| Total Annual Expenditure: £15,108.00 |
Investment Performance:
| Net Annual Income: £39,132.00 |
| Gross Yield: 10.04% |
| Net Yield: 7.25% |
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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Financing
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