Rosemary Way, Horndean, Waterlooville, Hampshire

HMO Sales Expert 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.

Property Overview

Investment Highlights
Located in Horndean, East Hampshire, 56 Rosemary Way offers an excellent investment opportunity in the HMO market, specifically catering to working professionals. This 9-bedroom property is positioned in a peaceful residential area while offering easy access to major urban centers. The property is ideal for commuters with robust transport links and access to the A3(M), connecting residents to Portsmouth, Guildford, and London.

Location Benefits
Horndean’s location blends rural village charm with access to key amenities and major employers. The nearby Langstone Technology Park and Portsmouth's business district ensure a solid base of potential tenants. With convenient transport links, local bus services, and proximity to the A3(M), tenants enjoy easy commuting options, while the South Downs National Park and coastal attractions add to the area's appeal.

Economic and Market Potential
Horndean is experiencing continuous improvement through residential development projects that are set to increase property values and attract further investment. The combination of natural surroundings and growing urban infrastructure creates a desirable living environment for tenants and enhances the investment’s long-term potential.

Financial Performance

Total Monthly Income: £5,286.00
Annual Income: £63,432.00
Total Monthly Expenditure: £1,550.00
Annual Expenditure: £18,600.00
Net Annual Income: £44,832.00
Gross Yield: 9.61%
Net Yield: 6.79%
With a gross yield of 9.61% and a net yield of 6.79%, this property represents a solid financial investment with stable tenant demand and long-term growth potential. It offers a strong balance between rental income and operating expenses.

Income Breakdown (Monthly):

Room 1: £675.00
Room 2: £550.00
Room 3: £490.00
Room 4: £671.00
Room 5: £550.00
Room 6: £525.00
Room 7: £650.00
Room 8: £650.00
Room 9: £525.00
Total Monthly Income: £5,286.00

Annual Income: £63,432.00

Expenditure Breakdown (Monthly):

Gas: £200.00
Electric: £300.00
Water: £25.00
Council Tax: £251.00
TV License: [Not provided]
Broadband: £40.00
Cleaner: £100.00
Management: £634.00
Total Monthly Expenditure: £1,550.00

Annual Expenditure: £18,600.00

Net Annual Income: £44,832.00 (calculated as Total Income - Total Expenditure)

Gross Yield: 9.61% (calculated as Annual Income / Sale Price)

Net Yield: 6.79% (calculated as Net Annual Income / Sale Price)

Commentary: The financial summary for the property at 56 Rosemary Way, Horndean, shows a solid annual income of £63,432.00, with a net annual income of £44,832.00. The gross yield stands at 9.61%, and the net yield is 6.79%, which suggests that the property could be a good investment opportunity. There is no provision for TV License costs, which could affect the total expenditure slightly. Furthermore, it’s important to confirm if any other expenses are applicable to ensure a more accurate financial picture.