Howerts Cl, Warsash, Southampton SO31

5 bedroom in Southampton

For Sale
Offers Over £410,000
Current Yield 5.4 %
Potential Yield 7.4 %
Property Reference: 209418638
  • 5 Bedrooms
  • 3 Bathrooms
  • 2 Receptions

Property Features

Property Features

  • Spacious Lounge & Kitchen
  • Multiple Bathrooms
  • Fantastic Rental Returns
  • Buy-to-Let Opportunity
  • Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers.
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A 5 bedroom End of Terrace located in Southampton currently being occupied as a HMO. There are various valuable amenities within walking distance of the property and it is able to generate fantastic rental returns.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The property features 5 spacious bedrooms, 4 bathrooms, lounges, kitchen, garden ground space, convenient storage available, parking spaces available and has several tenants currently situated. Additionally, The EPC Rating is B+, it has ground floor WC and handbasin situated in the Garage workshop, the garage/workshop is apart from the main door insulated in the roof and walls and a drop down access to the loft which is floored and has velux windows, power and lighting.

Investment details

It currently produces an annual gross income of £26,400 which could be increased by the new owner to a market rate of £36,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 209418638

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £2,200
  • Potential Rent pcm: £3,000
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years
  • Tenants means of funding: Employment
Property Reference: 209418638
Property Reference: 209418638

Property Location

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Request DetailsHowerts Cl, Warsash, Southampton SO31

Offers Over £410,000

Make an offer
Howerts Cl, Warsash, Southampton SO31

Listing Price

Offers Over £410,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.