Goodwood Road, Southsea, Hampshire

3 1 1

£260,000 Offers Over House of multiple occupation for sale

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Description

This well-presented, fully compliant 3-bedroom HMO—featuring one bathroom and an additional WC—offers a secure, student-focused investment in a prime Southsea location. Fully let to students, the property generates £18,000 in annual rental income, delivering a gross yield of 6.92% with reliable academic-year occupancy and repeat demand. Ideally positioned close to the university, seafront, and a wide range of local amenities, it benefits from consistently strong student appeal. Excellent transport connectivity via rail links to London and Southampton, alongside easy access to the M27 and A3, further enhances its accessibility. Supported by ongoing Portsmouth and Southsea waterfront and city-wide regeneration, this property represents a stable, low-void investment opportunity in one of the South Coast’s most established and resilient student 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: 6.92%

Income Breakdown (Monthly):

Room 1: £500.00 Room 2: £500.00 Room 3: £500.00 Total Monthly Income: £1,500.00 Total Annual Income: £18,000.00

Expenditure Breakdown (Monthly):

Tenants cover all utility bills Management: £225.00 Total Monthly Expenditure: £225.00 Total Annual Expenditure: £2,700.00

Investment Performance:

Net Annual Income: £15,300.00 Gross Yield: 6.92% Net Yield: 5.88%

Reference: XFG-28555107

Area Description

No area description is available for this property.

Additional Details

Bedrooms: 3 Bedrooms
Bathrooms: 1 Bathroom
Receptions: 1 Reception
Additional Toilets: 1 Toilet
Dining Rooms: 1 Dining Room
Tenure: Freehold
Rights and Easements: Article 4 Area
Risks: Ask Agent

Broadband Speeds

Download: 5mbps - 1000mbps
Upload: 0.6mbps - 1000mbps

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

Features

Property Layout – 3 bed, 1 bath HMO with additional WC, well-presented and compliant
Tenant Type – Fully let to students, providing consistent academic-year rental income
Strategic Location – Prime Southsea location close to university, seafront and local amenities
Transport & Connectivity – Strong rail links to London & Southampton, plus easy M27/A3 access
Regeneration Benefits – Ongoing Portsmouth & Southsea waterfront and city regeneration boosting demand
High Rental Income & Yield – Gross annual income £18,000 delivering 6.92% yield

Enquiry

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