Lawrence Road, Southsea
TU

Lawrence Road, Southsea

By Tully & Co

£ 485,000

Reviews

3 out of 5 stars

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
269,625.00 £
Decreased by 6.52 %
from 288,420.00 £
Average area rental value
1,216.00 £/mo
Decreased by 16.14 %
from 1,450.00 £/mo
Est rental Yield
5.41 %
Decreased by 10.28 %
from 6.03 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Tully & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Southsea And Brambles Children'S CentreChildren's Centre0.20 KM
Southsea Infant SchoolCommunity SchoolGood0.30 KM
Bramble Infant School And NurseryCommunity SchoolGood0.47 KM
The Brambles Children'S Centre And Nursery SchoolChildren's Centre Linked Site0.50 KM
Craneswater Junior SchoolCommunity SchoolGood0.54 KM

Images

IMG_7049.JPG IMG_7046.JPG IMG_7052.JPG l-2FF630PO5_01.jpg l-2FF630PO5_04.jpg l-2FF630PO5_05.jpg IMG_7058.JPG IMG_7050.JPG IMG_7053.JPG IMG_7047.JPG IMG_7048.JPG IMG_7054.JPG IMG_7051.JPG IMG_7056.JPG l-2FF630PO5_02.jpg l-2FF630PO5_03.jpg l-2FF630PO5_10.jpg l-2FF630PO5_06.jpg l-2FF630PO5_07.jpg l-2FF630PO5_08.jpg l-2FF630PO5_09.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Boulton Road £ 000.00 KM
Beatrice Road £ 270,00000.00 KM
Campbell Road £ 000.00 KM
Onslow Road £ 000.00 KM
The Dell £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Fratton5509FTN0.99 KM
Portsmouth And Southsea5537PMS2.02 KM
Portsmouth Harbour5540PMH3.64 KM
Hilsea5539HLS4.91 KM
Cosham5896CSA6.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lawrence Road, Southsea £ 485,000BUY6 / 100.00 KM
Lawrence Road, Southsea, Portsmouth £ 415,000BUY7 / 100.03 KM
Lawrence Road, Southsea £ 400,000BUY7 / 100.03 KM
Lawrence Road, Southsea £ 220,000BUY6 / 100.05 KM
Lawrence Road, Southsea £ 200,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
54 Lawrence Road £ 260,0000.04 KM
38 Lawrence Road £ 320,0000.04 KM
8 Lawrence Road £ 385,0000.04 KM
40 Lawrence Road £ 117,5000.04 KM
16 Lawrence Road £ 257,0000.04 KM