Festing Grove, Southsea, Hampshire
HM

Festing Grove, Southsea, Hampshire

By HMO Sales Expert

£ 1,150,000

Reviews

3 out of 5 stars

HMO Sales Expert says ..

Fully Licensed Pair of HMOs (15 Rooms, 18 Tenants) | £127,560 Annual Income | 11.09% Gross Yield | Prime Southsea Location | Near Seafront, University & Employers | Professional Tenants | Excellent Transport Links | Regeneration Area | Turnkey Investment

Property Oracle says ..

This terraced property in Festing Grove, Southsea, presents a substantial investment opportunity, particularly as a high-occupancy HMO. With 15 bedrooms and 14 bathrooms spread across 3,600.53 sqft, it offers significant accommodation potential. The interior has been modernised, featuring contemporary kitchens and bathrooms. While the exterior shows some signs of wear, the overall condition is good. Located in a desirable area of Southsea, the property benefits from proximity to local amenities, schools, and transport links. The asking price of £1,150,000 appears reasonable given the size and location, potentially offering good value at approximately £319 per square foot, compared to the local average of £443.

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
8
Location
7
Land
3
Bedrooms
15
Bathrooms
14
Sqft (est)
3,600.53

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
399,700.00 £
Increased by 25.09 %
from 319,533.00 £
Est sale value
1,595,034.79 £
Increased by 26.57 %
from 1,260,185.50 £
Average area rental value
1,115.00 £/mo
Decreased by 15.02 %
from 1,312.00 £/mo
Est letting value
3,600.53 £/mo
Unchanged by 0.00 %
from 3,600.53 £/mo
Est rental Yield
3.35 %
Decreased by 32.05 %
from 4.93 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • HMO Sales Expert created the listing.

Nearby Schools

NameTypeOfstedDistance
Cumberland Infant SchoolCommunity SchoolGood0.62 KM
Craneswater Junior SchoolCommunity SchoolGood0.65 KM
Cumberland Children'S CentreChildren's Centre Linked Site0.90 KM
Wimborne Primary SchoolCommunity School0.98 KM
Southsea And Brambles Children'S CentreChildren's Centre0.99 KM

Images

Screenshot 2025-05-02 113650 Studio 6 kit Festing Grove 17.08.17-29.jpeg Studio 7 Ensuite Festing Grove 17.08.17-44.jpeg Studio 7 Festing Grove 17.08.17-40.jpeg Studio 7 kit Festing Grove 17.08.17-39.jpeg Studio 2 Festing Grove 17.08.17-11.jpeg Studio 2 Kit Festing Grove 17.08.17-14.jpeg Studio 2 wide Festing Grove 17.08.17-13.jpeg Studio 6 bed Festing Grove 17.08.17-31.jpeg Studio 6 Festing Grove 17.08.17-32.jpeg

Nearby Streets

NameAverage PriceAverage SqftDistance
Spencer Road £ 000.00 KM
Morley Road £ 000.00 KM
Clovelly Road £ 000.00 KM
Beatrice Road £ 270,00000.00 KM
Fratton Way £ 162,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Fratton5509FTN1.62 KM
Portsmouth And Southsea5537PMS3.18 KM
Portsmouth Harbour5540PMH4.83 KM
Hilsea5539HLS4.99 KM
Cosham5896CSA6.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Festing Grove, Southsea, Hampshire £ 1,150,000BUY6 / 100.00 KM
Festing Grove, Portsmouth, Hampshire, PO4 £ 650,000BUYUnknown0.05 KM
Elizabeth Gardens, Southsea £ 650,000BUY7 / 100.07 KM
Elizabeth Gardens, Southsea £ 650,000BUY6 / 100.07 KM
Elizabeth Gardens, Southsea £ 600,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
63 Festing Grove £ 750,0000.03 KM
55 Festing Grove £ 560,0000.03 KM
33 Festing Grove £ 305,0000.03 KM
61 Festing Grove £ 525,0000.04 KM
49 Festing Grove £ 343,0000.04 KM