Lot 79: SIX BEDROOM HMO FOR INVESTMENT

Sold £225,000

A freehold mid-terrace property situated a short drive from the centre of Gosport with its shopping and other amenities including ferry connections to Portsmouth.

The property is at present arranged as six bedsitting rooms, each currently let on an Assured Shorthold Tenancy Agreement, and is considered ideal for continued use as an income producing investment.

Lower Ground Floor

Bedsit 3

Living room and bedroom let at a current rental of £350 per calendar month.

Ground Floor

Communal kitchen.

Bedsit 1

Living room/bedroom let at a current rental of £350 per calendar month.

Bedsit 2

Living room/bedroom let at a current rental of £350 per calendar month.

First Floor

Communal bathroom with W.C., communal cloakroom with W.C. and communal shower room (no W.C.).

Bedsit 4

Bedroom/living room let at a current rental of £340 per calendar month.

Second Floor

Room 5

Living/bedroom currently let at a current rental of £295 per calendar month.

Room 6

Living/bedroom let at a current rental of £350 per calendar month.

Outside

Gardens to the front and rear.

Planning

Planning Permission has been granted by Gosport Borough Council under reference 18/00107/FULL dated 28th August 2018 for change of use from house of multiple occupancy to three one bedroom self-contained flats, subject to conditions. A copy of the planning consent and proposed plans will be available for download from the Clive Emson website.

Auctioneer’s Note

The seller had plans for a fourth flat however these were not submitted at the time of the planning application.

Residential EPC: D