Address: 115 Chichester Road, Portsmouth, PO2 0AG
Property Type: 7-Bed All Ensuite HMO | Additional WC | Communal Kitchen & Living Space
Tenant Type: Fully Tenanted by Working Professionals
This fully tenanted seven-bedroom HMO in central Portsmouth presents a lucrative, hands-off investment opportunity, generating a strong annual income of £67,500 with a 10.4% gross yield. Strategically positioned in a city with a thriving economy driven by maritime, defence, tech, and education sectors, the property benefits from consistently high demand from both professionals and students. Excellent transport links to London, Southampton, and key motorways enhance its appeal, while extensive city centre and waterfront regeneration projects continue to drive up property values. Professionally managed with long-term tenant stability, this low-maintenance asset offers reliable returns in a high-growth location.
Financial Overview
Monthly Rental Income
Room 1: £750
Room 2: £800
Room 3: £750
Room 4: £875
Room 5: £750
Room 6: £875
Room 7: £825
Total Monthly Income: £5,625
Gross Annual Income: £67,500
Monthly Expenditure
Property Management (including cleaning): £545
Council Tax: £216
Gas & Electricity: £400
Water: £80
Broadband: £40
Total Monthly Expenditure: £1,281
Annual Expenditure: £15,372
Net Annual Income: £52,128
Declaration: In accordance with the Estate Agents Act, we are required to inform prospective purchasers that this property is owned by a member of staff employed by Bayzos Estate Agents.
Disclaimer
Disclaimer
Money Laundering Regulations: Buyers will need to provide identification documents once an offer is accepted. This is required to complete anti-money laundering (AML) checks. Please note, a fee is charged per person for these checks. Property Details: The information provided does not form part of an offer or contract for the property’s sale. Measurements: All measurements are for guidance only. We recommend prospective buyers verify dimensions before incurring any expenses. Appliances and Fixtures: Bayzos has not tested any equipment, fixtures, or services. Buyers are advised to check the condition and functioning of appliances independently.
Legal Title: Bayzos has not verified the legal ownership of the property. Buyers should obtain confirmation through their solicitor.
