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 %
- Est sale value
- 1,595,034.79 £Increased by 26.57 %
- Average area rental value
- 1,115.00 £/moDecreased by 15.02 %
- Est letting value
- 3,600.53 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.35 %Decreased by 32.05 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
HMO Sales Expert created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cumberland Infant School | Community School | Good | 0.62 KM |
| Craneswater Junior School | Community School | Good | 0.65 KM |
| Cumberland Children'S Centre | Children's Centre Linked Site | 0.90 KM | |
| Wimborne Primary School | Community School | 0.98 KM | |
| Southsea And Brambles Children'S Centre | Children's Centre | 0.99 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Spencer Road | £ 0 | 0 | 0.00 KM |
| Morley Road | £ 0 | 0 | 0.00 KM |
| Clovelly Road | £ 0 | 0 | 0.00 KM |
| Beatrice Road | £ 270,000 | 0 | 0.00 KM |
| Fratton Way | £ 162,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Fratton | 5509 | FTN | 1.62 KM |
| Portsmouth And Southsea | 5537 | PMS | 3.18 KM |
| Portsmouth Harbour | 5540 | PMH | 4.83 KM |
| Hilsea | 5539 | HLS | 4.99 KM |
| Cosham | 5896 | CSA | 6.44 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Festing Grove, Southsea, Hampshire | £ 1,150,000 | BUY | 6 / 10 | 0.00 KM |
| Festing Grove, Portsmouth, Hampshire, PO4 | £ 650,000 | BUY | Unknown | 0.05 KM |
| Elizabeth Gardens, Southsea | £ 650,000 | BUY | 7 / 10 | 0.07 KM |
| Elizabeth Gardens, Southsea | £ 650,000 | BUY | 6 / 10 | 0.07 KM |
| Elizabeth Gardens, Southsea | £ 600,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 63 Festing Grove | £ 750,000 | 0.03 KM |
| 55 Festing Grove | £ 560,000 | 0.03 KM |
| 33 Festing Grove | £ 305,000 | 0.03 KM |
| 61 Festing Grove | £ 525,000 | 0.04 KM |
| 49 Festing Grove | £ 343,000 | 0.04 KM |