Key features
- FREEHOLD BLOCK ON SOUGHT AFTER ROAD
- CURRENTLY LET
- 5 BED HMO
- SEPARATE SHOP
- OF INTEREST TO INVESTORS
- GROSS RETUN (ON CURRENT RENT) OF CIRCA 11.7%
- CENTRAL SOUTHSEA LOCATION
- TENANTS IN SITU
- A UNIQUE OPPORTUNITY
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Material information
ExpandProperty Description
*** FREEHOLD INVESTMENT OPPORTUNITY *** *** SHOP AND MAISONETTE *** *** CURRENTLY LET ***
*** 5 BED HMO *** *** SEPARATE SHOP *** *** GROSS RETURN ON INVESTMENT OF 11.7% WITH FULL OCCUPANCY ***
A unique opportunity to acquire a freehold block in the sought after Marmion Road. Comprising of a lock-up shop to the ground floor (currently tenanted) and a 5 bed maisonette to the rear and above.
The maisonette has been used for many years as an HMO and is currently let to professional tenants on a room by room basis.
All in all this is a rare opportunity so we would encourage early interest.
Please note the return on investment figures are based on full occupancy and may vary. Please contact us for up to date information.
GROUND FLOOR
Entrance to maisonette via door to the right of the shop front. Door to shop to the left.
Hallway to kitchen/lounge, door to ground floor bedroom and stairs to the upper floors.
KITCHEN/LOUNGE
W/C
BEDROOM ONE
FIRST FLOOR
BEDROOM TWO
BATHROOM
BEDROOM THREE
BEDROOM FOUR
SECOND FLOOR
BEDROOM FIVE
REAR COURTYARD GARDEN
SHOP
Accessed from Marmion Road. Area of retail space to the front with shop counter and partition providing access to a kitchenette.
Similar properties
"We wanted to thank you for all your help (and continued help) with us purchasing Festing Road. Jo and Gem"
