5 bed terraced house for sale

Milton Road, Southampton, Hampshire SO15

Austin&Wyatt are please to present this exceptional 5 bed HMO on Milton Road, Southampton. Ready made investment, tenants in situ.

An outstanding HMO investment opportunity on Milton Road. A beautifully presented, no work required five bed property currently let and producing £2,300pcm. This rare find offers two double bedrooms on the ground floor and three double bedrooms upstairs, two modern bathrooms, and private parking for three cars to the rear, an incredibly uncommon feature for this location. The property is being sold with tenants in situ until next year, so it starts earning from day one. Perfect for investors looking for immediate rental income.

Key features
• 5 bedrooms (2 downstairs, 3 upstairs) — fully habitable, no refurbishment needed.
• 2 bathrooms — modern and well maintained.
• Rear parking for 3 cars (rare in the area) — huge added value for tenants and a differentiator for lettings.
• Current rent: £2,300 per month.
• Tenants in situ until next year — instant cashflow for the new owner (investors only).
• HMO designation — typically achieves stronger yields in university cities like Southampton.

Why this location works for investors

Milton Road sits very close to central transport links — Southampton Central is within walking distance (around 0.5 miles from some Milton Road postcodes), making the property highly appealing to students and commuting professionals.

Investment highlights
• Immediate rental income with tenants in situ — turn key investment.
• No remedial work required
• Rare private parking for 3 cars
• Located in a high demand HMO market (students & young professionals), supporting strong occupancy and rental resilience.