7 bed property for sale

Chichester Road, Portsmouth, Hampshire PO2

Brand New High-Spec HMO Investment Opportunity

Address: 208 Chichester Road, Portsmouth, PO2 0AX
Property Type: 7-Bed All-Ensuite HMO with Shared Kitchen, Living Area, Additional WC & Garden
Tenant Type: Working Professionals

Prime Investment Location

Portsmouth, a historic coastal city with deep maritime roots, stands out as a robust location for residential property investment. With a diverse and expanding economy driven by maritime, defence, education, and technology, the city offers long-term stability for rental property owners. Key employers including BAE Systems, the Royal Navy, and the University of Portsmouth provide a strong employment base and contribute to continued housing demand. Major regeneration efforts across the city centre and waterfront are further enhancing Portsmouth’s appeal, creating a well-rounded, future-facing investment environment.

Appealing to a Wide Tenant Market

Tenant demand in Portsmouth is consistently high, supported by a growing population of students, key workers, and professionals. The University of Portsmouth alone attracts thousands annually, while the city's affordability and high quality of life appeal to young professionals in the defence, education, and healthcare sectors. Situated close to the city centre, 208 Chichester Road benefits from proximity to amenities, bus routes, and commuter links, making it an ideal living space for tenants seeking both comfort and convenience. The property's all-ensuite layout, stylish interiors, and modern shared spaces elevate it above standard HMO offerings, enhancing tenant satisfaction and retention.

Transport Connectivity & Lifestyle Appeal

Portsmouth’s extensive transport infrastructure makes it a commuter-friendly and tenant-attractive city. Regular train services to London and Southampton, coupled with the A3 and M27 road networks, connect Portsmouth effortlessly to the wider South East. The city also boasts a dynamic urban lifestyle, with attractions such as the Historic Dockyard, Southsea beaches, shopping hubs, and cultural venues, ensuring a desirable residential environment. The city's ongoing investment in infrastructure and regeneration further enhances capital growth prospects and bolsters long-term rental appeal.

Financial Overview:

Income Breakdown (Monthly):

Room 1: £750.00
Room 2: £750.00
Room 3: £750.00
Room 4: £750.00
Room 5: £775.00
Room 6: £775.00
Room 7: £775.00

Total Monthly Income: £5,325.00

Total Annual Income: £63,900.00

Expenditure Breakdown (Monthly):

Gas: £127.00
Electric: £128.00
Water: £99.00
Council Tax: £153.74
TV License: £14.54
Broadband: £35.00
Cleaner: £60.00
Management: £511.20.

Total Monthly Expenditure: £1,128.48

Total Annual Expenditure: £13,541.76

Investment Performance

Net Annual Income: £50,358.24

Gross Yield: 10.14%

Net Yield: 7.99%

Commentary

This brand new 7-bed HMO presents a compelling investment opportunity, combining high-spec finishes, full ensuite convenience, spacious communal areas, and professional management already in place. With a gross annual income of £63,900 and net returns exceeding £50,000 per year, the property is generating strong, sustainable cash flow from day one.

Positioned in a highly rentable area with broad appeal, this newly developed HMO is ideal for hands-off investors seeking a turnkey asset in a strong regional market with consistent demand and long-term capital growth prospects.

HMO X 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.