Angerstein Road, Portsmouth, Hampshire
7 7 1
£600,000 Guide Price House of multiple occupation for sale
Description
HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.
Attractive HMO Investment Opportunity
Address: 31 Angerstein Road, Portsmouth, PO2 8HL
Property Type: 7-Bed All Ensuite HMO | Additional WC | Communal Kitchen & Living Space
Tenant Type: Fully Tenanted by Working Professionals
Prime Investment Location
Portsmouth, a thriving coastal city, offers exceptional investment potential in the HMO rental market. The city has a diverse and growing economy, driven by key sectors such as maritime, defence, technology, education, and tourism. Portsmouth is home to major employers such as the Royal Navy, BAE Systems, and the University of Portsmouth, all of which drive employment and rental demand.
The city’s coastal location, strong maritime industry, and expanding tech sector make it an attractive place for businesses and professionals. Additionally, its proximity to London and Southampton, combined with ongoing regeneration projects, ensures long-term economic growth and property value appreciation.
Consistently High Tenant Demand
Portsmouth experiences high demand for rental properties, fuelled by a growing population, a large student base, and an influx of professionals working in defence, education, and technology sectors. With growing economic opportunities, strong rental demand, and continued development, Portsmouth presents an excellent investment market with high future potential.
Financial Summary
Income Breakdown (Monthly):
Room 1: £700.00
Room 2: £675.00
Room 3: £700.00
Room 4: £725.00
Room 5: £725.00
Room 6: £725.00
Room 7: £750.00
Total Monthly Income: £5,000.00
Gross Annual Income: £60,000.00
Expenditure Breakdown (Monthly):
Gas & Electric: £400.00
Water: £80.00
Sewage: £27.80
Council Tax: £292.00
TV License: £15.00
Broadband: £39.60
Cleaner: £100.00
Management Fee (12% + VAT): £600.00
Total Monthly Expenditure: £1,554.40
Annual Expenditure: £18,652.80
Net Annual Income: £41,347.20
Yields:
Gross Yield: 10.00% (Calculated as £60,000 / Sale Price)
Net Yield: 6.89% (Calculated as £41,347.20 / Sale Price)
Conclusion
The HMO at 31 Angerstein Road, Portsmouth presents an exceptional investment opportunity with strong rental yields, high occupancy rates, and low risk. With a stable tenant base and a fully-managed structure, this property ensures consistent cash flow and long-term growth potential. Its prime location, strong economic fundamentals, and excellent transport links further solidify it as a highly attractive and profitable investment.
For investors seeking a well-performing, hassle-free HMO in a thriving coastal city, this property offers excellent returns and long-term value appreciation.
Gross Yield: 10.00%
Area Description
Portsmouth is a vibrant and historically rich city located on the south coast of England, offering significant investment potential, particularly in the residential rental market. The city boasts a diverse and resilient economy, with key sectors including maritime, defense, technology, education, and tourism. Portsmouth is home to major employers such as the Royal Navy, BAE Systems, and the University of Portsmouth, all of which contribute to the local economy and provide a stable source of employment. The city’s strategic coastal location and strong maritime industry make it an attractive place for businesses, while its growing tech sector and proximity to London further enhance its economic appeal, ensuring a steady demand for housing.
Tenant demand in Portsmouth remains strong due to the city’s growing population, the large number of students, and the influx of professionals working within the defense, education, and technology sectors. The University of Portsmouth is one of the key drivers of tenant demand, attracting thousands of students each year and creating a need for student accommodation and shared housing, including HMOs. The property at 31 Angerstein Road, PO2 8HL, is well-positioned to cater to the demand for affordable housing, given its proximity to the city centre, transport links, and key employment areas. The combination of student and professional tenants ensures a broad and consistent demand for rental properties in the area.
Portsmouth benefits from excellent transport links, which contribute to its attractiveness for both tenants and investors. The city is well-served by rail, with direct services to London, Southampton, and other major cities, making it an ideal location for commuters. Additionally, Portsmouth is connected to the M27 and M3 motorways, providing easy access to surrounding areas and the rest of the South East. The city is also undergoing significant regeneration, particularly in the waterfront and city centre areas, with projects aimed at improving infrastructure, public spaces, and housing options. These developments, along with the city’s array of attractions such as the historic dockyard, museums, and vibrant cultural scene, make Portsmouth an appealing place to live and work. With its strong transport links, robust economy, and continued regeneration, Portsmouth offers a compelling case for property investment, with excellent potential for long-term growth.
Additional Details
- Bedrooms: 7 Bedrooms
- Bathrooms: 7 Bathrooms
- Receptions: 1 Reception
- Ensuites: 7 Ensuites
- Additional Toilets: 1 Toilet
- Kitchens: 1 Kitchen
- Tenure: Freehold
- Rights and Easements: Article 4 Area
- Risks: Ask Agent
Additional Features
- Investment Opportunity
Broadband Speeds
- Download: -1mbps - 1000mbps
- Upload: -1mbps - 1000mbps
Estimated broadband speeds provided by Ofcom for this property's postcode.
Videos
Features
- Prime Location – Portsmouth offers a thriving economy with key sectors including maritime, defence, tech, and education, ensuring strong investment potential.
- Fully Tenanted HMO – Seven-bedroom, all-ensuite property fully occupied by working professionals, guaranteeing stable rental income.
- High Tenant Demand – Large student population and professionals working in defence, education, and tech sectors fuel consistent demand.
- Excellent Transport Links – Direct trains to London and Southampton, plus easy access to M27/M3 motorways for regional connectivity.
- Strong Financials – Gross annual income of £60,000 and net annual income of £41,347.20, delivering reliable returns.
- Ongoing Regeneration – Major city centre and waterfront projects enhance infrastructure, boosting property value and rental demand.
- High Rental Yields – Gross yield of 10.00% and net yield of 6.89% make this a lucrative and low-risk investment.
- Low Maintenance Asset – Fully managed structure with long-term tenant stability, offering investors a hands-off, high-return opportunity.
Enquiry
To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.
