Map3 bedroom flat for sale
Portswood Road, Southampton
Chain-free
Flat
3 beds
1 bath
818 sq ft / 76 sq m
EPC rating: D
Key information
Features and description
- Three bed flat Lease over 200 years
- C4 Planning in place
- HMO Licence for four people
- Rent at£1,600 9.6% yield very rare find
- Service charge £450 PA
- Ground rent £10 PA
- Floor space 76 SQ meters
- Desired location
- Epc d
- No chain
A rare investment opportunity awaits with this spacious three-bedroom flat in the highly desirable Portswood Road area of Southampton. Ideal for investors seeking strong returns, this property offers a near 10% yield-a rare find in today's market.
Property Highlights:
Size & Layout: Spanning 76 square meters, this well-laid-out flat includes three generous bedrooms, making it suitable for a House in Multiple Occupation (HMO) with a licence to house up to four tenants.
Lease & Costs: With a long lease of over 200 years and a low ground rent of £10 per annum, this property offers excellent long-term investment potential. The service charge is also very reasonable at £450 per annum.
C4 Planning: Already in place, the C4 planning permission adds further value, making it ready to rent as an HMO immediately with no additional planning requirements.
Energy Efficiency: Rated EPC D, providing energy performance that meets current standards and keeps operational costs manageable.
No Chain: The property is available with no onward chain, allowing for a seamless purchase process.
Location & Demand:
Located in Portswood, one of Southampton's most desirable areas for students and young professionals, the flat is close to both University of Southampton campuses, public transport links, and a wide array of local amenities, including shops, restaurants, and leisure facilities. This location offers a high rental demand, ensuring minimal vacancy periods and reliable rental income.
This is an exceptional investment opportunity with substantial income potential and a straightforward path to strong returns. Don't miss out on adding this rare find to your portfolio-schedule a viewing today to explore its full potential.
Property Highlights:
Size & Layout: Spanning 76 square meters, this well-laid-out flat includes three generous bedrooms, making it suitable for a House in Multiple Occupation (HMO) with a licence to house up to four tenants.
Lease & Costs: With a long lease of over 200 years and a low ground rent of £10 per annum, this property offers excellent long-term investment potential. The service charge is also very reasonable at £450 per annum.
C4 Planning: Already in place, the C4 planning permission adds further value, making it ready to rent as an HMO immediately with no additional planning requirements.
Energy Efficiency: Rated EPC D, providing energy performance that meets current standards and keeps operational costs manageable.
No Chain: The property is available with no onward chain, allowing for a seamless purchase process.
Location & Demand:
Located in Portswood, one of Southampton's most desirable areas for students and young professionals, the flat is close to both University of Southampton campuses, public transport links, and a wide array of local amenities, including shops, restaurants, and leisure facilities. This location offers a high rental demand, ensuring minimal vacancy periods and reliable rental income.
This is an exceptional investment opportunity with substantial income potential and a straightforward path to strong returns. Don't miss out on adding this rare find to your portfolio-schedule a viewing today to explore its full potential.
About this agent
Kings Estates are a progressive independent agency, we deliver a superior quality service and an exclusive experience for our landlords, vendors, buyers and tenants. We offer expert local and industry knowledge that will outclass our competitors and ensure you receive unparalleled customer care. We have been established in the centre of Portsmouth for over 10 years and due to our unprecedented success, have expanded into Southampton and now the Guildford market. We are market leaders in both of our south coast offices and due to the demand of our vast portfolio of investors we are now offering our professional and unique know-how to the Surrey area. Each of our offices are run by property experts that have been working tirelessly within the industry in both Sales and Lettings for over a decade. We are highly knowledgeable in the regions we work in and lead our superb teams of professional individuals to ensure the best outcomes are achieved for our clients. We have a far-reaching portfolio of investors waiting for the latest property, so a quick sale is always likely. You will be designated a professional expert for your property and as a point of contact throughout the selling or lettings process. Each week, your property expert will provide feedback on your property and the market to give a clear consistent view of how things are progressing and what next steps you can expect to take. Whether you are a seasoned property investor or new to property, you will receive outstanding customer care and an experience that will mean you can rely on us now, and in the future, to give you the results you require.