5 bedroom maisonette for sale

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5 bedroom maisonette for sale

Elm Grove, Southsea
£260,000

Price History

Initial price £275,000
01/05/25 £260,000
Price Change -5.45%

Description

This spacious 5-bedroom maisonette is located in Elm Grove and is available for investment buyers only. The property has a Class C4 planning and HMO licence, with a gross rental income of £27,500 over an 11-month tenancy until August 2025. The accommodation features five double bedrooms, a fitted kitchen, lounge, bathroom, and shower room, with double glazing and a share of freehold with a remaining lease term of 972 years. The property also benefits from a modern bathroom and shower room, with a gross internal area of approximately 1,450 square feet. The current tenancy agreement includes water and internet costs within the rent, making it an attractive investment opportunity for those looking to generate a steady income.