Chichester Road, Portsmouth, Hampshire

7 7 1

£600,000 Guide Price House of multiple occupation for sale
Photo 28-08-2023, 19 45 13 IMG_2452 IMG_2454 IMG_2764 IMG_2766 IMG_1870 IMG_1871 IMG_1851 IMG_1852 IMG_1853 IMG_1878 IMG_1874 IMG_1875 IMG_1872 IMG_1929 IMG_1926 IMG_3071 IMG_3066 IMG_1866 IMG_1849 IMG_1847 IMG_1893 IMG_1894 IMG_1896 IMG_1855 IMG_1857 IMG_1860 IMG_1888 IMG_1881 IMG_1883 IMG_1880 IMG_1885

Description

This modern, high-spec, fully compliant 7-bedroom, all-ensuite HMO offers a compelling investment opportunity in a prime Portsmouth location. Tenanted by working professionals, the property generates £62,580 in annual rental income, delivering a strong gross yield of 10.43% with stable occupancy and reliable cash flow. The all-ensuite layout enhances tenant appeal and supports sustained demand, particularly given its proximity to the naval base, university, and key city amenities. Excellent transport connectivity via direct rail links to London and Southampton, alongside easy access to the M27 and A3, further strengthens its commuter appeal. Supported by ongoing waterfront, city centre, and Tipner regeneration projects driving long-term growth and rental demand, this property represents a resilient, high-performing asset in one of the South Coast’s most dynamic and established 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: 10.43%

Income Breakdown (Monthly):
Room 1: £675.00 Room 2: £695.00 Room 3: £850.00 Room 4: £750.00 Room 5: £695.00 Room 6: £775.00 Room 7: £775.00 Total Monthly Income: £5,215.00 Total Annual Income: £62,580.00
Expenditure Breakdown (Monthly):
Gas & Electric: £200.00 Water: £79.97 Council Tax: £169.76 TV License: £15.00 Broadband: £79.98 Cleaner: £100.00 Property insurance: £87.61 Management: Self-managed Total Monthly Expenditure: £732.32 Total Annual Expenditure: £8,787.84
Investment Performance:
Net Annual Income: £53,792.16 Gross Yield: 10.43% Net Yield: 8.97%
Reference: XFG-5255621

Area Description

No area description is available for this property.

Additional Details

  • Bedrooms: 7 Bedrooms
  • Bathrooms: 7 Bathrooms
  • Receptions: 1 Reception
  • Ensuites: 7 Ensuites
  • Kitchens: 1 Kitchen
  • Dining Rooms: 1 Dining Room
  • Tenure: Freehold
  • Rights and Easements: Article 4 Area
  • Risks: Ask Agent

Broadband Speeds

  • Download: 15mbps - 5500mbps
  • Upload: 1mbps - 5500mbps

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

GF FF SF FP Energy Efficiency Chart

Features

  • Property Layout – 7 bed, all ensuite HMO, modern, high-spec and fully compliant
  • Tenant Type – Tenanted by working professionals, ensuring strong rental income
  • Strategic Location – Prime Portsmouth location close to 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 demand
  • High Rental Income & Strong Yield – Gross annual income £62,580 delivering 10.43% yield

Enquiry

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

You don't have permission to register