Offered as a fantastic investment opportunity is this six double bedroom HMO terraced house located situated on Shakespeare Avenue. When fully let the property has achieved £2,520 per month which equates to a 7.1% yield. The current owner has been using the property as a prosperous investment for around 25 years. Shakespeare Avenue is located within Portswood which benefits from being located within close proximity to both Southampton Solent University & Southampton Highfield University Campus.
The ground floor accommodation comprises of a welcoming entrance hallway, communal living room, kitchen, two double bedrooms and a shower room. On the first floor is a further four bedrooms plus a three piece bathroom suite. To the rear of the property is an enclosed low maintenance garden with rear gated access. The property also benefits from no forward chain, sash windows and gas central heating.
ENTRANCE HALL:
Carpet flooring. Smooth walls and textured ceiling. Stairs rising to first floor. Under stairs storage. Radiator. Doors to downstairs bedrooms, shower room and communal living room.
KITCHEN 10' 9" (3.28m) x 10' 8" (3.25m):
Vinyl flooring. Cream gloss wall and base units with worktop over. Double glazed window to rear. Single glazed window and door to side. Gas hob, sink and drainer, electric oven, space for fridge/freezer, washing machine and dishwasher. Radiator. Smooth walls and ceiling.
COMMUNAL LIVING ROOM 12' (3.66m) x 14' 8" (4.47m)::
Carpet flooring. Single glazed window to side. Smooth walls and ceiling. Radiator. Door to kitchen.
DOWNSTAIRS MIDDLE BEDROOM 11' 9" (3.58m) x 11' 6" (3.51m)::
Carpet flooring. Single glazed window to rear. Smooth walls and ceiling. Built-in wardrobe within chimney alcove. Radiator.
DOWNSTAIRS FRONT BEDROOM 14' 8" (4.47m) x 12' 9" (3.89m)::
Carpet flooring. Single glazed bay window to front. Smooth walls and ceiling. Radiator. Picture rail.
DOWNSTAIRS SHOWER ROOM:
Vinyl flooring. Enclosed shower cubicle with electric shower unit over. W/C. Ceramic sink unit. Obscured double glazed sash windows to side aspect. Smooth walls and ceiling. Radiator.
FIRST FLOOR LANDING:
Carpet flooring. Smooth walls and ceiling. Doors leading to all four bedrooms and bathroom. Radiator.
UPSTAIRS FRONT BEDROOM 17' 3" (5.26m) x 14' 11" (4.55m)::
Carpet flooring. Feature fireplace. Smooth walls and ceiling. Single glazed sash window. Built-in wardrobe within chimney alcove. Radiator.
UPSTAIRS MIDDLE BEDROOM 11' 11" (3.63m) x 11' 9" (3.58m)::
Carpet flooring. Feature fireplace. Smooth walls and ceiling. Single glazed sash window. Built-in wardrobe within chimney alcove. Radiator.
UPSTAIRS REAR MIDDLE BEDROOM 10' 6" (3.20m) x 7' 2" (2.18m)::
Carpet flooring. Single glazed sash window to side. Textured walls and smooth ceiling. Feature fireplace. Built-in storage within chimney alcove. Radiator.
UPSTAIRS REAR BEDROOM 11' 5" (3.48m) x 10' 9" (3.28m)::
Carpet flooring. Single glazed sash window to rear. Smooth walls and ceiling. Feature fireplace. Built-in wardrobe within chimney alcove with water tank within. Radiator
BATHROOM 6' 1" (1.85m) x 5' 1" (1.55m)::
Vinyl tiled flooring. Panelled bath with electric shower over. Single glazed sash window to side. Smooth walls and ceiling. Access to loft via hatch. Radiator. Wall mounted wash basin and w.c.
OUTSIDE:
To the rear of the property is a low maintenance garden with rear gated access.
COUNCIL TAX
BAND: C
CHARGE: £1,738.92
YEAR: 2022/2023
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