Mill Road, Totton, Southampton, Hampshire, SO40 3AE
- SIZE
1,270 sq ft
118 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- HMO investment comprising five bedrooms
- Fully let on AST's
- Attractive Gross Yield of 8%
- Gross Current Rent £2,345pcm/£28,140pa
- Asking Price - £350,000
- Located in good residential district
Description
The town of Totton is situated approximately 6 miles to the west of Southampton via the A35, within approximately 1 mile of the M271 which links with the M27 motorway.
Primmer Olds B.A.S welcome this high-quality HMO investment opportunity in a sought-after location. The subject property comprises a 3-storey HMO with five bedrooms and two separate shower rooms. The property was completely gutted and rebuilt from a shell in 2018.
At current the property is let to professional sharers on individual AST's. The property is presented well throughout and will be sold with the benefit of the on-going tenancies.
Planning
Interested parties are advised to make their own enquiries of the Local Authority for confirmation.
EPC Text
Asset Rating - C
Terms
Asking price of £350,000 subject to contract for the freehold interest with the benefit of the on-going tenancy.
Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.
6 Mill Road is let at a current rent of £2,345pcm/£28,140pa.
Brochures
Current Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Mill Road, Totton, Southampton, Hampshire, SO40 3AE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Totton Station0.1 miles
- Redbridge (Southampton) Station0.7 miles
- Millbrook Station2.3 miles
About the agent
Whether you are looking to rent or purchase... concentrate on your business and we will concentrate on your business space!
Whether its retail, medical, industrial, office or something a bit different we have helped numerous business occupiers make the right move.
With an integrated approach, our team of professionals can help with all aspects of the move and advise on the ongoing costs, maintenance and management of your space.
Whether you are looking to rent or purchase...
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 1335FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Primmer Olds B.A.S., Southampton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.