New Road East, Portsmouth, Hampshire

£260,000 Guide Price

3 bedroom terraced house for sale

New Road East, Portsmouth, Hampshire
3 Bed3 Bedrooms
1 Bath1 Bathroom
2 Receptions
Tenure: Freehold
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Key Features

  • Offered with no forward chain
  • Successful HMO with C4 planning
  • Plans held to develop into 6-bed to building control level - floorplans available on request
  • Ideal accommodation for both professionals & students
  • Ample living space throughout with generous sized bedrooms & communal area
  • EPC energy efficiency rating E (54/81)

Description

A spacious 4-bedroom HMO terraced house in central Portsmouth, currently at full occupancy and boasting strong yield. Current owner has had plans done extend into loft to building control level to add 2 more rooms, with floorplans available. Located in a well-connected part of Portsmouth and with C4 planning in place, this particular property presents an excellent investment opportunity & growth potential.

 

Important information about this property

  • Shared Ownership: no
  • Council Tax exempt: no
  • Council Tax band: B
  • Tenure: Freehold
  • If buying to rent, please check if Local Authority licensing schemes apply before proceeding
  • Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details
  • Appliances & services are untested, dimensions are approximate and floor plans are not to scale
  • Through a Homewise Home For Life Plan people aged 60+ can secure this property for up to 59% less, by purchasing a Lifetime Lease
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Room Dimensions

Entrance Hallway
Lounge/Bedroom 412'0 × 10'6 (3.66m × 3.2m)
Bedroom 310'8 × 10'6 (3.25m × 3.2m)
Kitchen12'0 × 9'0 (3.66m × 2.75m)
Shower Room9'5 × 9'3 (2.87m × 2.82m)
Separate Toilet
Rear Garden
Front Forecourt
Landing
Bedroom 113'9 × 11'7 (4.19m × 3.53m)
Bedroom 211'1 × 10'6 (3.38m × 3.2m)
Study10'10 × 9'1 (3.3m × 2.77m)

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New Road East, Portsmouth, Hampshire

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Investment opportunity

Estimated yield: 6.51% yield

Estimated rental income: £1,410 pcm

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Zoey McGovern

Zoey McGovern

Office Manager
Thinking of moving home?Use our instant valuation tool and see what your home is worth in seconds

What could my mortgage repayments be on this home?

Monthly Repayments:

£ 1,041

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Zoey McGovern

Zoey McGovern

Office Manager
Thinking of moving home?Use our instant valuation tool and see what your home is worth in secondsEnquire or Book a ViewingCall 023 9266 1213

Investment opportunity

Estimated yield: 6.51% yield

Estimated rental income: £1,410 pcm

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