Walberton Avenue, Portsmouth, Hampshire

6 5 1

£440,000 Guide Price House of multiple occupation for sale

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Description

This well-presented 6-bedroom, 5-bathroom HMO—featuring four ensuites, two additional WCs, and generous communal kitchen, living, and dining areas—offers a secure, high-yield investment in a prime Portsmouth location. Fully let to working professionals, the property generates £44,820 in annual rental income, delivering a solid 10.19% yield with stable occupancy and dependable cash flow. Situated close to the University of Portsmouth, the naval base, major employers, and local amenities, it benefits from strong tenant demand, while excellent transport links to London and Southampton, easy access to the M27 and A3, and nearby ferry connections enhance its commuter appeal. With ongoing regeneration projects across the city centre, waterfront, and Tipner West further strengthening long-term demand and capital growth, this property represents a hands-off, income-generating asset in one of the South Coast’s most resilient rental markets.

Gross Yield: 10.19%

Income Breakdown (Monthly):

Room 1: £580.00 Room 2: £695.00 Room 3: £525.00 Room 4: £695.00 Room 5: £545.00 Room 6: £695.00 Total Monthly Income: £3,735.00 Total Annual Income: £44,820.00

Expenditure Breakdown (Monthly):

Gas: £250.00 Electric: £250.00 Water: £100.00 Council Tax: £225.00 TV License: £14.58 Broadband: £35.00 Cleaner: £90.00 Management: £375.00 Total Monthly Expenditure: £1,339.58 Total Annual Expenditure: £16,074.96

Investment Performance:

Net Annual Income: £28,745.04 Gross Yield: 10.19% Net Yield: 6.53%

Compliance and Licensing:

- HMO License (6 people) - EPC - EICR - Fire Risk Assessment - Fire Alarm Test Certificate - Gas Safety Certificate

Reference: XFG-89505106

Area Description

No area description is available for this property.

Additional Details

Bedrooms: 6 Bedrooms
Bathrooms: 5 Bathrooms
Receptions: 1 Reception
Ensuites: 4 Ensuites
Additional Toilets: 2 Toilets
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

Broadband Speeds

Download: 16mbps - 1000mbps
Upload: 1mbps - 1000mbps

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

Features

Property Layout – 6 bed, 5 bath (4 ensuite) HMO with 2 WCs, shared kitchen, living & dining areas
Tenant Type – Fully tenanted by working professionals, providing reliable rental income
Strategic Location – Prime Portsmouth location near university, naval base, employers and amenities
Transport & Connectivity – Excellent rail links to London & Southampton, easy M27/A3 access and ferry links
Regeneration Benefits – Ongoing city centre, waterfront and Tipner West regeneration driving strong demand
High Rental Income & Strong Yield – Gross annual income £44,820 delivering 10.19% yield

Enquiry

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