Festing Road, Southsea, Hampshire
8 8 1
£750,000 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: 7 Festing Road, Southsea, PO4 0NG
Property Type: 8-Bed, All Ensuite HMO
Tenant Type: Fully Tenanted by Working Professionals
Prime Investment Location
Southsea, a lively and sought-after coastal district of Portsmouth, presents an excellent investment opportunity within the HMO rental market. As part of Portsmouth, Southsea benefits from a strong and diverse economy, with key sectors including defence, tourism, retail, and education. The city is home to major employers such as the Royal Navy, the University of Portsmouth, and BAE Systems, all of which contribute to steady employment growth and sustained tenant demand.
Southsea is an increasingly desirable area, offering a mix of coastal living, historical attractions, and excellent local amenities, making it a prime choice for tenants. With Portsmouth’s ongoing regeneration projects, particularly along the seafront and town centre, Southsea continues to experience strong demand for high-quality rental properties.
Consistently Strong Tenant Demand
Southsea enjoys high tenant demand, driven by a large student population, key workers, and young professionals who are attracted to the area's affordable rents, excellent transport links, and vibrant lifestyle. The University of Portsmouth, one of the city’s largest employers, attracts thousands of students each year, creating consistent demand for shared accommodation and HMOs.
Beyond students, Southsea appeals to working professionals and key workers due to its proximity to major employment hubs, including the naval base, dockyards, and commercial centres. The property at 7 Festing Road is ideally situated, with easy access to transport links, employment hubs, and local leisure facilities, making it an attractive choice for long-term tenants.
Financial Summary
Income Breakdown (Monthly):
Room 1: £850.00
Room 2: £775.00
Room 3: £775.00
Room 4: £750.00
Room 5: £825.00
Room 6: £825.00
Room 7: £825.00
Room 8: £795.00
Total Monthly Income: £6,420.00
Gross Annual Income: £77,040.00
Expenditure Breakdown (Monthly):
Gas: £100.00
Electric: £180.00
Water: £43.00
Council Tax: £150.00
TV License: £15.00
Broadband: £60.00
Cleaner: £125.00
Management: £642.00 (10% + VAT)
Total Monthly Expenditure: £1,315.00
Annual Expenditure: £15,780.00
Net Annual Income: £61,260.00 (Annual Income - Annual Expenditure)
Yields:
Gross Yield: 10.27% (Calculated as £77,040 / Sale Price)
Net Yield: 8.17% (Calculated as £61,260 / Sale Price)
Conclusion
The HMO at 7 Festing Road, Southsea represents a prime investment opportunity, offering strong rental yields, full occupancy, and a thriving location. Southsea's growing demand for high-quality rental properties, ongoing regeneration, and strong employment base make it a secure and profitable investment. With excellent transport links, a coastal lifestyle, and strong economic growth, this fully tenanted 8-bed HMO offers investors a high-yielding, hands-off opportunity with long-term growth potential.
Gross Yield: 10.27%
Area Description
Southsea, a vibrant coastal area located within Portsmouth, offers an attractive investment opportunity, particularly in the rental market. The area benefits from a diverse economy, with key sectors including tourism, the armed forces, education, and retail. Portsmouth is home to major employers such as the Royal Navy, the University of Portsmouth, and the naval base, all of which contribute to the city’s economic strength. Southsea itself is increasingly popular due to its blend of coastal living, historical attractions, and proximity to central Portsmouth, making it a prime location for property investors. As a sought-after residential area with a mix of cultural and leisure amenities, Southsea provides long-term growth potential.
Tenant demand in Southsea is consistently strong, driven by the area’s appeal to students, young professionals, and retirees. The University of Portsmouth, a key local institution, attracts a large number of students each year, creating sustained demand for student accommodation and shared housing options such as HMOs. Southsea is also a popular area for young professionals, given its attractive location, vibrant cultural scene, and proximity to Portsmouth’s employment hubs. The property at 7 Festing Road, PO4 0NG, benefits from its prime location near Southsea Common, transport links, and local amenities, making it ideal for tenants seeking both a high quality of life and easy access to work and study opportunities.
Southsea is well-served by excellent transport links, further enhancing its appeal for tenants and investors. The area benefits from regular bus services to central Portsmouth and the surrounding areas, while Portsmouth & Southsea railway station offers direct services to London, Southampton, and other major cities. With good road access to the M27 and A27, Southsea provides excellent connectivity for those commuting within the region. The area is also undergoing regeneration, particularly in the seafront and town center, with plans to enhance public spaces and improve infrastructure. Southsea’s range of attractions, including the Southsea Pier, Clarence Pier, and various festivals, as well as a wealth of parks, cafes, and independent shops, make it an attractive location for residents. With its growing amenities, coastal lifestyle, and strong transport connections, Southsea remains a highly desirable location for property investment.
Additional Details
- Bedrooms: 8 Bedrooms
- Bathrooms: 8 Bathrooms
- Receptions: 1 Reception
- Ensuites: 8 Ensuites
- Kitchens: 1 Kitchen
- Dining Rooms: 1 Dining Room
- Tenure: Freehold
- Rights and Easements: Article 4 Area
- Risks: Ask Agent
Additional Features
- Investment Opportunity
Broadband Speeds
- Download: 3mbps - 1000mbps
- Upload: 0.5mbps - 1000mbps
Estimated broadband speeds provided by Ofcom for this property's postcode.
Videos
Features
- Prime Coastal Location – Southsea is a sought-after rental market with strong demand from students, professionals, and key workers.
- Fully Tenanted 8-Bed HMO – High-quality, all-ensuite property generating stable rental income.
- Strong Tenant Demand – Close to the University of Portsmouth, naval base, and key employment hubs.
- Excellent Transport Links – Direct rail services to London, Southampton, and beyond, plus easy road access via M27/A27.
- High Rental Yields – Gross yield of 10.27% and net yield of 8.17%, ensuring a strong return on investment.
- Ongoing Regeneration – Southsea’s seafront and town centre are undergoing improvements, increasing property values.
- Fully Managed Investment – Hands-off opportunity with professional property management in place.
- Long-Term Growth Potential – Coastal lifestyle, strong employment base, and high rental demand ensure sustained capital appreciation.
Enquiry
To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.
