4 Bed HMO near Southampton University
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4 bed semi detached house less then half a mile from Southampton University with C4 usage. Currently let at £14,350 p.a. until June 2014 ( £69 p.p.p.w ) producing a Gross Yield of 6.8% on an asking price of £210k.I feel there is some upside to the rent to circa £75 p.p.p.w £15,600 p.a. which would yield in excess of 7.4%. The property is really well located being close to Portswood High St., a large Sainsbury's store and the City Centre. EPC rating D. Well worth a look. |
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