Lot 5 - 125 Laburnum Grove, Portsmouth, Hampshire, PO2 0HF
- Unconditional Online Auction Sale
- Guide Price* : £480,000
- Bedrooms: 7
- Bathrooms: 7
- Reception Rooms: 1
Fully let 7-Bedroom semi-detached HMO producing £60,180 per annum
Description
• Well presented 7-bedroom all ensuite HMO
• Large fully integrated communal kitchen/diner and living space
• Recently refurbished
• Benefits from one parking space at the front of the property for a small car, and easily accessible on-street parking
• Fully occupied
• Rental income £60,180 per annum
Location
Laburnum Grove is located within a 30-minute walk of the city centre of Portsmouth. Access to the M275 is a 10-minute drive away. Within walking distance is a range of shops and amenities. A short drive away is the Historic Naval Dockyard and the Gunwharf Quay shopping and leisure complex.
Transport links are provided by both Portsmouth and Southsea Station as well as Fratton Station
Planning
Planning application granted by Portsmouth County Council: Ref - 20/00749/FUL | (08-07-2020)
Change of use from dwelling house (Class C3) to purposes falling within Suis Generis (house in multiple occupation)
HMO Compliance
HMO Compliance documentation can be found inside the legal pack
Accommodation
| Room Number | Floor | Accommodation | Tenancy Info | Rent Per Annum |
|---|---|---|---|---|
| 1 | Ground | HMO room with en-suite bathroom with shared kitchen and reception room | Subject to 6 month AST starting from 13th November 2024 | £9,180 |
| 2 | Ground | HMO room with en-suite bathroom with shared kitchen and reception room | Subject to 6 month AST starting from 9th May 2024 | £8,220 |
| 3 | First | HMO room with en-suite bathroom with shared kitchen and reception room | Subject to 6 month AST starting from 16th November 2024 | £9,240 |
| 4 | First | HMO room with en-suite bathroom with shared kitchen and reception room | Subject to 6 month AST starting from 15th June 2024 | £8,220 |
| 5 | First | HMO room with en-suite bathroom with shared kitchen and reception room | Subject to 6 month AST starting from May 2024 | £8,100 |
| 6 | Second | HMO room with en-suite bathroom with shared kitchen and reception room | Subject to 6 month AST starting from 29th May 2024 | £8,220 |
| 7 | Second | HMO room with en-suite bathroom with shared kitchen and reception room | Subject to 6 month AST starting from 28th February 2025 | £9,000 |
Vendors Solicitor
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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