No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£235,000
OnTheMarket > 14 days

Mixed use for sale

Walmer Road, Portsmouth
Under offer
Save
Mixed use
4 bed
0 bath

Property description & features

  • HMO Investment Opportunity (Class C4 or C3)
  • Central Location Close to shops and Train Station
  • Three First Floor Bedrooms : One on Ground Floor
  • 23ft Open Plan Fitted Kitchen and Communal Living Area
  • First Floor Shower Room
  • Gas Central Heating & Double Glazing
  • Current Rental Yield 6.7% until June 2022
  • Early Viewing Strongly Advised
We have pleasure in marketing for sale this HMO (House of Multiple Occupation) investment opportunity situated in a CONVENIENT location just a short walk from local shopping facilities and transport services including main line rail service. With the FLEXIBILITY of Class C4 (HMO) or Class C3 (Dwelling House) use, the current layout provides FOUR BEDROOMS, three on the first floor and the former living room now a fourth DOUBLE bedroom plus a 23ft open plan kitchen (with integrated oven & hob) and communal living room which would make the PERFECT kitchen/dining room if used as a family home. There is also a first floor shower room. The property benefits from gas central heating & double glazing to most windows while the rear garden is mainly paved. With a current annual 10 month income until June of £15,730 (including water, TV Licence and Internet) there is a healthy yield of a round 6.7%. Viewing is strongly advised

Entrance Porch

Hallway

Living Room/ Bedroom 4 - 13' 0'' x 9' 8'' (3.96m x 2.94m)

Inner Hall
Door to garden

Kitchen/Dining Room/Communal Lounge - 23' 0'' x 10' 6'' into bay (7.01m x 3.20m)

First Floor Landing

Bedroom 1 - 13' 0'' x 12' 11'' (3.96m x 3.93m)

Bedroom 2 - 11' 5'' x 8' 5'' (3.48m x 2.56m)

Bedroom 3 - 11' 7'' x 5' 5'' (3.53m x 1.65m)

Shower Room - 7' 6'' x 7' 1'' (2.28m x 2.16m)

Enclosed Rear Garden

Property information from this agent

Places of interest

    Our Company has been at the centre of the Portsmouth & South Hampshire property market for over 40 years and during that time has established a reputation for professionalism, integrity and a way of doing things which sets us apart from the competition.  The Drayton Office covers , the Northern End of Portsmouth and `Hillslopes` incorporating Drayton, Bedhampton , Farlington & Cosham and all surrounding areas from Fareham in the West to Havant ,Emsworth & Hayling Island in the East and North to Waterlooville , Horndean & Rowlands Castle, 

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    Property reference 11432457. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fry & Kent - Southsea.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.