Located within walking distance to Southampton General Hospital, this is a fantastic investment opportunity. Fully licensed with C4 planning in place, this 8 bedroom house is currently let on a room by room basis with a passing rent of £37,104 giving a gross return of 7.8% before direct costs.
Set out over two floors the property is arranged with four bedrooms on the ground floor - two large and two medium sized rooms - and four bedrooms - three double and one single - on the first floor. All of the bedrooms are comfortably furnished with beds, bedside locker, drawers, wardrobe, desk & chair.
The communal kitchen is very spacious with an abundance of cupboard space, 6 burner gas hob, double oven, large fridge/freezer, two under counter fridges & freezers, washing machine & clothes dryer which are located in a utility room off the kitchen. The smaller kitchen appliances are also included plus microwave. With a good sized kitchen table and breakfast bar, it provides the ideal area for cooking, dining and a place for tenants to interact. On the ground floor there is also a small area off the hallway with sofa plus a separate guest wc.
The two bathrooms are on the first floor, the main one with electric shower over bath arrangement and the second has a large corner shower enclosure also with an electric shower. Both are fully tiled.
To the rear of the house, accessed via a side gate, is a spacious secure bicycle storage shed with integrated bike racks. The rest of the large garden is laid with grass and shrubs and provides a private space for the tenants to enjoy the summer sunshine.
Parking is provided for two cars off road and also some on-road parking which is not permit regulated.
Let on a room-by-room basis the property is popular with tenants as it has easy access to a number of local employers including Costco, BAT, the LIDL distribution centre, ABP and, of course, Southampton General Hospital which is less than a mile away. Shirley High Street is just down the road and provides a great choice of local shops, supermarkets, bars & restaurants. For travel into the city centre there is an excellent public transport system either from the hospital or the High Street and for travel by car there is good access to the city's road network and further afield via the M27 and M3.
All in all, this mix of great location and great accommodation make this investment property definitely not one to be missed.
Council Tax Band: E £2,372.67 for 2021/22 (Southampton City Council)
EPC Rating : C
New gas boiler recently installed
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
EPC rating: C.