Balfour Road, Portsmouth, Hampshire

7 7

£575,000 Guide Price House of multiple occupation for sale

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Description

This modern, high-spec, fully licensed 7-bedroom HMO—featuring seven ensuite bathrooms and an additional WC—offers a compelling investment opportunity in a prime Portsmouth location. Fully tenanted by working professionals, the property generates £61,200 in annual rental income, delivering a strong gross yield of 10.64% with stable occupancy and dependable cash flow. Finished to an excellent standard throughout, the property is ideally positioned close to the naval base, the University of Portsmouth, and a wide range of city amenities, ensuring consistently high tenant demand from professional occupants. Excellent transport connectivity via direct rail links to London and Southampton, together with easy access to the M27 and A3, further enhances its appeal to commuters. Supported by ongoing waterfront, city centre, and Tipner regeneration projects, this asset represents a resilient, income-generating investment with excellent long-term growth potential in one of the South Coast's most established and high-performing rental markets.

Committed Sale Process

This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.

If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.

Full details of the Committed Sale process are available within the legal pack or from the HMO X team.

Gross Yield: 10.64%

Income Breakdown (Monthly):

Room 1: £700 Room 2: £750 Room 3: £700 Room 4: £750 Room 5: £700 Room 6: £750 Room 7: £750 Total Monthly Income: £5,100.00 Total Annual Income: £61,200.00

Expenditure Breakdown (Monthly):

Gas: £110 Electric: £150 Water: £30 Council Tax: £170 Broadband: £45 Cleaner: £125 Management: £612 Maintenance reserve: £50 Gardening: £10 Insurance: £27 Total Monthly Expenditure: £1,329.00 Total Annual Expenditure: £15,948.00

Investment Performance:

Net Annual Income: £45,252.00 Gross Yield: 10.64% Net Yield: 7.87%

Reference: XFG-38019566

Area Description

No area description is available for this property.

Additional Details

Bedrooms: 7 Bedrooms
Bathrooms: 7 Bathrooms
Ensuites: 7 Ensuites
Additional Toilets: 1 Toilet
Kitchens: 1 Kitchen
Dining Rooms: 1 Dining Room
Tenure: Freehold
Rights and Easements: Article 4 Area
Risks: Ask Agent

Broadband Speeds

Download: 17mbps - 5500mbps
Upload: 1mbps - 5500mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

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Features

Property Layout – 7 bed, all ensuite HMO with additional WC, modern, high-spec and fully licensed
Tenant Type – Fully tenanted by working professionals, ensuring reliable rental income
Strategic Location – Prime Portsmouth location close to the naval base, university and city amenities
Transport & Connectivity – Excellent rail links to London & Southampton, plus easy M27/A3 access
Regeneration Benefits – Ongoing waterfront, city centre and Tipner regeneration driving strong tenant demand
High Rental Income & Strong Yield – Gross annual income £61,200 delivering 10.64% yield

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.