Festing Road, Southsea, Hampshire

Under Offer

8 8 1

£725,000 Guide Price House of multiple occupation for sale
7_Festing_Road_V2-08
Under Offer
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Description

This well-presented 8-bedroom, all-ensuite HMO offers a strong, income-generating investment in a prime Southsea location. Fully let to working professionals, the property produces £77,040 in annual rental income, delivering a robust gross yield of 10.63% with stable occupancy and dependable returns. Ideally situated close to the seafront, the University of Portsmouth, shops, and major employers, it benefits from consistent tenant demand, while excellent rail links to London and Southampton, plus easy access to the M27, A3, and ferry routes, enhance commuter appeal. With significant regeneration across Portsmouth and Southsea’s city centre and waterfront supporting long-term growth, this property represents a secure, high-yielding opportunity in one of the South Coast’s most desirable and resilient rental markets.

Gross Yield: 10.63%

Income Breakdown (Monthly):
Room 1: £850.00 Room 2: £775.00 Room 3: £775.00 Room 4: £750.00 Room 5: £825.00 Room 6: £825.00 Room 7: £825.00 Room 8: £795.00 Total Monthly Income: £6,420.00 Gross Annual Income: £77,040.00
Expenditure Breakdown (Monthly):
Gas: £100.00 Electric: £180.00 Water: £43.00 Council Tax: £150.00 TV License: £15.00 Broadband: £60.00 Cleaner: £125.00 Management: £642.00 (10% + VAT) Total Monthly Expenditure: £1,315.00 Total Annual Expenditure: £15,780.00
Investment Performance:
Net Annual Income: £61,260.00 Gross Yield: 10.63% Net Yield: 8.45%
Reference: XFG-92654889

Area Description

No area description is available for this property.

Additional Details

  • Bedrooms: 8 Bedrooms
  • Bathrooms: 8 Bathrooms
  • Receptions: 1 Reception
  • Ensuites: 8 Ensuites
  • Kitchens: 1 Kitchen
  • Dining Rooms: 1 Dining Room
  • Tenure: Freehold
  • Rights and Easements: Article 4 Area
  • Risks: Ask Agent

Additional Features

  • Accessibility - Not Suitable for Wheelchair Users
  • Investment Opportunity

Broadband Speeds

  • Download: 3mbps - 1000mbps
  • Upload: 0.5mbps - 1000mbps

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

Screenshot 2025-02-11 120516 Screenshot 2025-02-11 120521 Screenshot 2025-02-11 120526 Energy Efficiency Chart

Videos

Features

  • Property Layout – 8 bed, all ensuite HMO, well-presented and fully compliant
  • Tenant Type – Fully tenanted by working professionals, ensuring reliable rental income
  • Strategic Location – Prime Southsea spot near seafront, university, shops and major employers
  • Transport & Connectivity – Excellent rail links to London & Southampton, plus easy M27/A3 access and ferry routes
  • Regeneration Benefits – Ongoing Portsmouth & Southsea waterfront and city centre regeneration boosting demand
  • High Rental Income & Strong Yield – Gross annual income £77,040 delivering 10.63% yield

Enquiry

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

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