Cleveland Road, Southsea
£340,000, 5 bedrooms, house - mid terrace

SSTC

Key features

  • 5 BEDROOM HMO
  • UNDERGOING REFURBISHMENT
  • NEW KITCHEN
  • NEW SHOWER ROOMS
  • HIGH SPECIFICATION FINISH
  • BLUETOOTH MUSIC SYSTEM IN ALL ROOMS
  • LET AGREED FOR THE NEXT ACADEMIC YEAR
  • PROJECTED GROSS RENT OF £29,700
  • PERFECT READY MADE INVESTMENT
  • GROSS YIELD OF CIRCA 8.7%

Property Description

*** FANTASTIC INVESTMENT PROPERTY *** UNDERGOING REFURBISHMENT *** TENANTS LINED UP FOR THE NEXT ACADEMIC YEAR *** FIVE BEDROOMS *** PROJECTED GROSS INCOME OF £29,700 ***

Currently undergoing substantial refurbishment to include a loft conversion, this terraced house will be transformed into a FIVE BEDROOM let. The specification includes blue tooth music systems in all bedrooms, two shower rooms and a cloakroom, brand new kitchen and shower rooms and re-wired electrics.

Tenants are lined up for the academic year 2021-2022 with a projected 11 month contract at a gross monthly rent of £2,700 (to include bills), providing a healthy 8.7% Gross yield at the asking price.

Early interest is advised.

AGENTS NOTE
Please note that the photos represent the standard of finish proposed and are taken from a previous project completed by the owner.

"To Tullys Thank you for being quick, thorough and generally good letting agents this year."
Sarah