Kingston Road, Portsmouth, Hampshire
HM

Kingston Road, Portsmouth, Hampshire

By HMO Sales Expert

£ 530,000

Reviews

2 out of 5 stars

HMO Sales Expert says ..

This high-quality 6-bedroom HMO, developed by ProPods—renowned as the 'Best in Pompey'—offers superior housing standards and a strong rental income, generating £51,300 annually. Initially a commercial office building, it underwent a costly transformation into a residential property boasting moder...

Property Oracle says ..

This property is a six-bedroom, six-bathroom HMO located on Kingston Road in Portsmouth. The listing highlights its recent conversion from a commercial building into a residential property and emphasizes its potential for strong rental income (£51,300 annually). The photos showcase a modern interior with updated bathrooms and bedrooms, suggesting a recent refurbishment. The property’s location on Kingston Road offers convenience with nearby shops and transport links. Several schools are within walking distance, making it potentially attractive to families or students. However, the lack of any outdoor space is a notable drawback. A key aspect to consider is the absence of detailed comparable property data, making a comprehensive price assessment challenging. Without access to recent sales data for comparable HMOs in the area, it’s difficult to definitively judge whether the asking price of £530,000 represents good value. Further investigation into local HMO sales figures is recommended before a final decision can be made. The property is presented as a strong investment opportunity due to its HMO status and potential rental yield.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
1
Bedrooms
6
Bathrooms
6
Sqft (est)
764.24

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
222,288.00 £
Decreased by 15.84 %
from 264,112.00 £
Est sale value
188,767.28 £
Decreased by 4.63 %
from 197,938.16 £
Average area rental value
1,121.00 £/mo
Increased by 10.01 %
from 1,019.00 £/mo
Est letting value
764.24 £/mo
Unchanged by 0.00 %
from 764.24 £/mo
Est rental Yield
6.05 %
Increased by 30.67 %
from 4.63 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • HMO Sales Expert marked this listing as sold.

  • HMO Sales Expert created the listing.

Nearby Schools

NameTypeOfstedDistance
The Flying Bull AcademyAcademy ConverterGood0.42 KM
New Horizons Primary SchoolAcademy ConverterGood0.47 KM
Corpus Christi Catholic Primary SchoolAcademy Sponsor Led0.67 KM
North End And Willows Children'S CentreChildren's Centre0.75 KM
Manor Infant And Nursery SchoolCommunity SchoolGood0.80 KM

Images

Bed 3.6 Front 4.JPG Bed 1.2.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Heathfield Road £ 170,00000.00 KM
Emsworth Road £ 229,99500.00 KM
Drayton Road £ 297,50000.00 KM
Grange Road £ 000.00 KM
Garfield Road £ 192,49800.00 KM

Nearby Transport

NameNLCTLCDistance
Fratton5509FTN1.94 KM
Portsmouth And Southsea5537PMS2.00 KM
Hilsea5539HLS2.91 KM
Cosham5896CSA3.54 KM
Portsmouth Harbour5540PMH3.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kingston Road, Portsmouth £ 249,995BUY3 / 100.03 KM
Kingston Road, North End PO2 7LR £ 224,995BUY4 / 100.03 KM
Kingston Road, Portsmouth, Hampshire, PO2 £ 100,000BUY6 / 100.03 KM
Kingston Road, Portsmouth, Hampshire, PO2 £ 120,000BUY4 / 100.03 KM
Ashling Lane, Portsmouth, Hampshire, PO2 £ 150,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
232a Kingston Road £ 75,0000.03 KM
218a Kingston Road £ 90,5000.03 KM
3 Kilbride Path £ 177,5000.13 KM
30 Havant Road £ 139,0000.14 KM
39 Havant Road £ 223,0000.14 KM