Guide price
£440,000
6 bed property for saleWalberton Avenue, Portsmouth, Hampshire PO6
6 beds
5 baths
1 reception
EPC Rating: C
- Freehold
HMOX Sales
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About this property
Property Layout – 6 bed, 5 bath (4 ensuite) HMO with 2 WCs, shared kitchen, living & dining areas
Tenant Type – Fully tenanted by working professionals, providing reliable rental income
Strategic Location – Prime Portsmouth location near university, naval base, employers and amenities
Transport & Connectivity – Excellent rail links to London & Southampton, easy M27/A3 access and ferry links
Regeneration Benefits – Ongoing city centre, waterfront and Tipner West regeneration driving strong demand
High Rental Income & Strong Yield – Gross annual income £44,820 delivering 10.19% yield
This well-presented 6-bedroom, 5-bathroom HMO-featuring four ensuites, two additional WCs, and generous communal kitchen, living, and dining areas-offers a secure, high-yield investment in a prime Portsmouth location. Fully let to working professionals, the property generates £44,820 in annual rental income, delivering a solid 10.19% yield with stable occupancy and dependable cash flow. Situated close to the University of Portsmouth, the naval base, major employers, and local amenities, it benefits from strong tenant demand, while excellent transport links to London and Southampton, easy access to the M27 and A3, and nearby ferry connections enhance its commuter appeal. With ongoing regeneration projects across the city centre, waterfront, and Tipner West further strengthening long-term demand and capital growth, this property represents a hands-off, income-generating asset in one of the South Coast’s most resilient rental markets.
Income Breakdown (Monthly):
Room 1: £580.00
Room 2: £695.00
Room 3: £525.00
Room 4: £695.00
Room 5: £545.00
Room 6: £695.00
Total Monthly Income: £3,735.00
Total Annual Income: £44,820.00
Expenditure Breakdown (Monthly):
Gas: £250.00
Electric: £250.00
Water: £100.00
Council Tax: £225.00
TV License: £14.58
Broadband: £35.00
Cleaner: £90.00
Management: £375.00
Total Monthly Expenditure: £1,339.58
Total Annual Expenditure: £16,074.96
Investment Performance:
Net Annual Income: £28,745.04
Gross Yield: 10.19%
Net Yield: 6.53%
Compliance And Licensing:
- HMO License (6 people)
- EPC
- eicr
- Fire Risk Assessment
- Fire Alarm Test Certificate
- Gas Safety Certificate
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