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£315,000
Southampton, SO14
- 4 beds
£315,000
- 4 beds
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Estimate monthly mortgage payment:
£1,438 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£15,750
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FOUR BEDROOM TERRACED HMO PROPERTY
The seller has informed us that this HMO property currently generates an approximate annual income of ?21,000 (excluding bills). The vendor has obtained an up-to-date Lawful Development Certificate from the council. Situated in White Star Place, just a short distance from the city center, this spacious mid-terraced HMO presents an excellent opportunity for investors, landlords, and developers. The property currently features four bedrooms and holds a license for accommodating five sharers. There is potential for further modification to create an additional income stream by adding a fifth bedroom (subject to planning permissions). The ground floor offers two bedrooms, one of which includes an en-suite bathroom. Additionally, there is a convenient ground floor W.C. The bedroom at the rear of the property provides access to the garden. On the first floor, you'll find a generously-sized open plan kitchen/breakfast room and a separate open plan lounge/diner. The first floor accommodates two more bedrooms, one of which benefits from an en-suite bathroom. There is also a separate bathroom and an extra room suitable for use as an office or study. The property enjoys a convenient location with easy access to the City Centre and is in close proximity to sought-after amenities such as Solent University, Bedford Place, London Road, and Oxford Street. These areas offer a range of shops, amenities, bars, clubs, and restaurants.
Additional Information
Tenure: Freehold Council Tax Band: C Annual Estate Charge: ?216
Lounge/Diner 5.54m (18'2) x 4.52m (14'10)
Kitchen 4.66m (15'3) x 2.73m (8'11)
Bedroom 1 5.77m (18'11) x 2.37m (7'9)
En-Suite
Bedroom 2 2.41m (7'11) x 4.51m (14'10)
En-Suite
Bedroom 3 3.7m (12'2) x 2.93m (9'7)
Bedroom 4 2.5m (8'2) x 3.21m (10'6)
Bathroom 2.64m (8'8) x 1.45m (4'9)
DRAFT DETAILS
We are awaiting verification of these details by the seller(s).
ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
The seller has informed us that this HMO property currently generates an approximate annual income of ?21,000 (excluding bills). The vendor has obtained an up-to-date Lawful Development Certificate from the council. Situated in White Star Place, just a short distance from the city center, this spacious mid-terraced HMO presents an excellent opportunity for investors, landlords, and developers. The property currently features four bedrooms and holds a license for accommodating five sharers. There is potential for further modification to create an additional income stream by adding a fifth bedroom (subject to planning permissions). The ground floor offers two bedrooms, one of which includes an en-suite bathroom. Additionally, there is a convenient ground floor W.C. The bedroom at the rear of the property provides access to the garden. On the first floor, you'll find a generously-sized open plan kitchen/breakfast room and a separate open plan lounge/diner. The first floor accommodates two more bedrooms, one of which benefits from an en-suite bathroom. There is also a separate bathroom and an extra room suitable for use as an office or study. The property enjoys a convenient location with easy access to the City Centre and is in close proximity to sought-after amenities such as Solent University, Bedford Place, London Road, and Oxford Street. These areas offer a range of shops, amenities, bars, clubs, and restaurants.
Additional Information
Tenure: Freehold Council Tax Band: C Annual Estate Charge: ?216
Lounge/Diner 5.54m (18'2) x 4.52m (14'10)
Kitchen 4.66m (15'3) x 2.73m (8'11)
Bedroom 1 5.77m (18'11) x 2.37m (7'9)
En-Suite
Bedroom 2 2.41m (7'11) x 4.51m (14'10)
En-Suite
Bedroom 3 3.7m (12'2) x 2.93m (9'7)
Bedroom 4 2.5m (8'2) x 3.21m (10'6)
Bathroom 2.64m (8'8) x 1.45m (4'9)
DRAFT DETAILS
We are awaiting verification of these details by the seller(s).
ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
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Mortgage and legal costs:
£999
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