6-bedroom house · PO5 1NY
For saleListed 1572 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic HMO investment opportunity which currently returns circa £41,000 per annum in Gross rental income.
With individual room rates including all bills, the property currently returns circa 7% net at the asking price (at full occupancy levels).
Let to professional tenants on individual AST's, and located close to Albert Road, within an easy walk of Fratton station, this property has proven a popular choice for professional sharers.
Comprising six bedrooms, a communal lounge and a large kitchen/breakfast room this substantial property offers an attractive investment. Early viewing is advised. Room One Currently let at £600pcm.
Room Two Currently let at £600pcm. Room Three Currently let at £625pcm. Room Four Currently let at £600pcm. Room Five Currently let at £450pcm. Room Six Currently let at £550pcm.
Further Information Council tax band: C tenure: Freehold. Individual room rents include all bills. The current owner includes the cost of a tv licence, wifi, all utilities and Council Tax.
Current monthly expenditure is circa £585.51, however may fluctuate with changing costs. We advise you to check these details prior to purchase.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 30, Lawrence Road, Southsea
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