105 Balfour Road, Portsmouth, Hampshire, PO2 0NH
- Unconditional Online Sale
- Offers in Excess of : £600,000
- Bedrooms: 7
- Bathrooms: 7
Fully Licensed 7-Bed All-Ensuite HMO | £61,200 Annual Income | 10.20% Gross Yield | Prime Portsmouth Location | Near Naval Base, University & Amenities | Professional Tenants | Excellent Rail & Road Links | Regeneration Area | Turnkey Investment
Description
This modern, high-spec, fully licensed 7-bedroom HMO—featuring seven ensuite bathrooms and an additional WC—offers a compelling investment opportunity in a prime Portsmouth location. Fully tenanted by working professionals, the property generates £61,200 in annual rental income, delivering a strong gross yield of 10.20% with stable occupancy and dependable cash flow. Finished to an excellent standard throughout, the property is ideally positioned close to the naval base, the University of Portsmouth, and a wide range of city amenities, ensuring consistently high tenant demand from professional occupants. Excellent transport connectivity via direct rail links to London and Southampton, together with easy access to the M27 and A3, further enhances its appeal to commuters. Supported by ongoing waterfront, city centre, and Tipner regeneration projects, this asset represents a resilient, income-generating investment with excellent long-term growth potential in one of the South Coast's most established and high-performing rental markets.
Income Breakdown (Monthly)
| Room 1: £700 |
| Room 2: £750 |
| Room 3: £700 |
| Room 4: £750 |
| Room 5: £700 |
| Room 6: £750 |
| Room 7: £750 |
| Total Monthly Income: £5,100.00 |
| Total Annual Income: £61,200.00 |
Expenditure Breakdown (Monthly):
| Gas: £110 |
| Electric: £150 |
| Water: £30 |
| Council Tax: £170 |
| Broadband: £45 |
| Cleaner: £125 |
| Management: £612 |
| Maintenance reserve: £50 |
| Gardening: £10 |
| Insurance: £27 |
| Total Monthly Expenditure: £1,329.00 |
| Total Annual Expenditure: £15,948.00 |
Investment Performance:
| Net Annual Income: £45,252.00 |
| Gross Yield: 10.20% |
| Net Yield: 7.54% |
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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