Tully & Co says ..
A fantastic HMO investment opportunity which currently returns circa £41,000 per annum in Gross rental income. With individual room rates including all bills, the property currently returns circa 7% NET at the asking price (at full occupancy levels). Let to professional tenants ...
Property Oracle says ..
This six-bedroom property located on Lawrence Road in Central Southsea, Portsmouth presents itself as an attractive investment opportunity. Its central location offers easy access to amenities and transportation links, including several railway stations within a reasonable distance. The proximity to well-regarded schools such as Southsea Infant School and Craneswater Junior School adds significant appeal, particularly for families. The property also includes a garden, although its exact size is unavailable. The photographs showcase a reasonably well-maintained interior, with light and airy rooms. The kitchen and bathrooms, although functional, might benefit from some updating to elevate their appeal. The provided photos depict a tidy property, but a professional viewing will allow for a complete condition assessment. The list price of £485,000 seems competitive within the context of similar properties in the area but without precise details on square footage, a conclusive assessment on value for money is not possible. The property’s suitability largely depends on the buyer’s needs; families will benefit from the schools, and investors from the six-bedroom HMO potential.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 6
- Bathrooms
- 2
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Metrics Year-on-Year
- Average area value
- 269,625.00 £Decreased by 6.52 %
- Average area rental value
- 1,216.00 £/moDecreased by 16.14 %
- Est rental Yield
- 5.41 %Decreased by 10.28 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Tully & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Southsea And Brambles Children'S Centre | Children's Centre | 0.20 KM | |
| Southsea Infant School | Community School | Good | 0.30 KM |
| Bramble Infant School And Nursery | Community School | Good | 0.47 KM |
| The Brambles Children'S Centre And Nursery School | Children's Centre Linked Site | 0.50 KM | |
| Craneswater Junior School | Community School | Good | 0.54 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Boulton Road | £ 0 | 0 | 0.00 KM |
| Beatrice Road | £ 270,000 | 0 | 0.00 KM |
| Campbell Road | £ 0 | 0 | 0.00 KM |
| Onslow Road | £ 0 | 0 | 0.00 KM |
| The Dell | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Fratton | 5509 | FTN | 0.99 KM |
| Portsmouth And Southsea | 5537 | PMS | 2.02 KM |
| Portsmouth Harbour | 5540 | PMH | 3.64 KM |
| Hilsea | 5539 | HLS | 4.91 KM |
| Cosham | 5896 | CSA | 6.11 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lawrence Road, Southsea | £ 485,000 | BUY | 6 / 10 | 0.00 KM |
| Lawrence Road, Southsea, Portsmouth | £ 415,000 | BUY | 7 / 10 | 0.03 KM |
| Lawrence Road, Southsea | £ 400,000 | BUY | 7 / 10 | 0.03 KM |
| Lawrence Road, Southsea | £ 220,000 | BUY | 6 / 10 | 0.05 KM |
| Lawrence Road, Southsea | £ 200,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 54 Lawrence Road | £ 260,000 | 0.04 KM |
| 38 Lawrence Road | £ 320,000 | 0.04 KM |
| 8 Lawrence Road | £ 385,000 | 0.04 KM |
| 40 Lawrence Road | £ 117,500 | 0.04 KM |
| 16 Lawrence Road | £ 257,000 | 0.04 KM |