This four-bedroom House of Multiple Occupation (HMO) presents a compelling investment prospect, ideally located near the University of Southampton Highfield Campus, ensuring strong appeal in the competitive student rental market. Having served successfully as a student let for many years, this property is now available with no forward chain. It is currently secured with tenants for the upcoming academic year, guaranteeing immediate rental income following purchase.
The layout spans two floors and begins with a hallway that includes a sizable walk-in cupboard, which could be converted into a cloakroom or wet room, pending any necessary permissions. The ground floor comprises two reception rooms that can function as communal spaces or additional bedrooms, providing flexible living arrangements. At the rear lies a community kitchen outfitted with ample cabinets and space for appliances, offering direct access to an outdoor garden area.
On the first floor, you will find three additional bedrooms and a communal shower room featuring modern fittings. Outside, both front and rear gardens present well-maintained lawns, alongside a driveway that allows for off-road parking. This plot also holds potential for expansion, subject to local planning approvals, enhancing its long-term value.
Overall, this established HMO represents a rare chance to acquire a fully tenanted property in an optimal student location with immediate cash flow and prospects for future improvements.
