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5 bedroom end of terrace house for sale
Howerts Close, SO31
£395,000
Howerts Close, SO31
£395,000
Price History
Initial price | £425,000 |
27/08/24 | £420,000 |
04/09/24 | £415,000 |
12/09/24 | £410,000 |
20/09/24 | £405,000 |
27/09/24 | £400,000 |
03/10/24 | £395,000 |
Price Change | -7.06% |
Description
This 5-bedroom end-of-terrace property in Southampton is currently operating as a successful HMO and offers a fantastic investment opportunity. With a range of valuable amenities within walking distance, the property features 5 spacious bedrooms, 4 bathrooms, lounges, kitchen, and a garden ground space, as well as convenient storage and parking. The property has a B+ EPC rating and additional features such as a ground floor WC and handbasin, a garage/workshop with insulation and a drop-down access to the loft. The property currently generates an annual gross income of £26,400, which could be increased to £36,000 with long-term tenants in place. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property presents a lucrative opportunity for those looking to expand their rental portfolio.