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To book a viewing for this property, please call Bayzos Estate Agents, on 0330 124 6533.

To book a viewing for this property, please call Bayzos Estate Agents, on 0330 124 6533.

For Sale
£635,000 Offers Over

7 Bedroom Mid-Terraced House, Chichester Road, Portsmouth, PO2

Chichester Road, Portsmouth, PO2


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Bayzos Estate Agents

9 The Square, Kenilworth

Description

Address: 115 Chichester Road, Portsmouth, PO2 0AG
Property Type: 7-Bed All Ensuite HMO | Additional WC | Communal Kitchen & Living Space
Tenant Type: Fully Tenanted by Working Professionals

This fully tenanted seven-bedroom HMO in central Portsmouth presents a lucrative, hands-off investment opportunity, generating a strong annual income of £67,500 with a 10.4% gross yield. Strategically positioned in a city with a thriving economy driven by maritime, defence, tech, and education sectors, the property benefits from consistently high demand from both professionals and students. Excellent transport links to London, Southampton, and key motorways enhance its appeal, while extensive city centre and waterfront regeneration projects continue to drive up property values. Professionally managed with long-term tenant stability, this low-maintenance asset offers reliable returns in a high-growth location.

Financial Overview

Monthly Rental Income

Room 1: £750

Room 2: £800

Room 3: £750

Room 4: £875

Room 5: £750

Room 6: £875

Room 7: £825

Total Monthly Income: £5,625
Gross Annual Income: £67,500

Monthly Expenditure

Property Management (including cleaning): £545

Council Tax: £216

Gas & Electricity: £400

Water: £80

Broadband: £40

Total Monthly Expenditure: £1,281
Annual Expenditure: £15,372

Net Annual Income: £52,128

Declaration: In accordance with the Estate Agents Act, we are required to inform prospective purchasers that this property is owned by a member of staff employed by Bayzos Estate Agents.

Key Features

  • Prime Coastal City: Located in central Portsmouth, this property benefits from a strong coastal economy driven by maritime, defence, tech, and education—ensuring long-term growth and rental demand.
  • High Tenant Demand: From professionals and students ensures strong occupancy. Ideally located to serve Portsmouth’s thriving rental market and nearby employment and education hubs.
  • Fully Let & Income-Generating: Boasting seven generously sized en-suite bedrooms, this HMO is fully tenanted by working professionals, delivering immediate and reliable cash flow from day one.
  • Excellent Connectivity: Ideally located for commuters, with direct train links to London and Southampton, and quick access to the M27 and M3 motorways—connecting Portsmouth seamlessly to the wider SE.
  • Lucrative Financials: Generate a gross annual rental income of £67,500, equating to an impressive 10.4% gross yield. This high-performing asset is a standout in any investment portfolio.
  • Citywide Regeneration & Growth: Portsmouth’s ongoing city centre and waterfront regeneration is boosting demand and property values, making this an ideal time to invest in a high-growth location.
  • Hassle-Free & Low Maintenance: This is a fully managed investment with a track record of long-term tenant retention—ideal for hands-off investors seeking strong returns with minimal involvement.
  • Modern, Fully Refurbished HMO with Extended Living Space: Modern, fully refurbished and extended HMO completed in 2024, offering high-quality finishes and enhanced living space—ideal for tenants.

Property Details

  • Property type: House
  • Price Per Sq Foot: £737
  • Approx Sq Feet: 861 sqft
  • Council Tax Band: TBD
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

Floorplans

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Disclaimer - Property ID 978b6c6a-bfdb-45da-871c-e8dd41437a04. The information displayed about this property comprises a property advertisement. Street.co.uk and Bayzos Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.