30 Munster Road

Located on Munster Road in the prime city of Portsmouth. Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/ A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network. The subject property is located within a good education district with variety of mainstream schools and colleges as well as universities. Primmer Olds B.A.S welcome this high quality HMO investment opportunity in a sought-after location. The subject property comprises a 2-storey HMO with 5 bedrooms with 3 en-suite shower rooms and a separate shared shower room. The property was completely gutted and rebuilt from a shell in 2018. Currently let to professional sharers, the property also scope to be let as a student property, we understand from the local managing agent that the rent is likely to be increased on the next turnover of the rooms.

• HMO investment comprising 5 bedrooms
• Fully let on AST
• Attractive Gross Yield of 7.7%
• Gross Current Rent £2,495pcm/£29,940pa
• Asking Price - £385,000
• Located in strong residential district