Terraced House in Portsmouth

£200,000

Byron Road, Portsmouth, PO2 7RZ, Portsmouth

UNDER OFFER

Terraced House for sale in Portsmouth, Byron Road, Portsmouth, PO2 7RZ

Byron Road, Portsmouth, PO2 7RZ, Portsmouth

£200,000

Type: Terraced House

Description

LR1024 - Presenting a rare and high-performing "turnkey" investment opportunity in the heart of Portsmouth. This well-maintained residential property is offered to the market specifically for investors and landlords, sold with an exceptional, long-term tenant in situ.

At a purchase price of £200,000 and a market-leading rental income of £1,250 per month, this asset delivers an impressive 7.5% gross yield—significantly outperforming the local regional average for standard residential lets.

Tenant Profile & Rental History
Reliability is the cornerstone of this investment.

Performance: The current tenant has a 100% clean payment history, having never missed a single rental payment.
Stability: This is a long-term tenancy, providing the new owner with immediate peace of mind and continuity of income.
Market Alignment: The property is already achieving a healthy market-rate rent, removing the immediate need for rent reviews or negotiations.
The Property & Location
Located on Byron Road (PO2), a consistently popular area for renters due to its excellent transport links and proximity to local amenities.

The Building: A classic Portsmouth bay-and-forecourt style terraced home, typically offering spacious double bedrooms, two reception rooms, and a private rear garden. 
Location Benefits: Within easy reach of local schools, major bus routes, and Fratton/Hilsea train stations, ensuring the property remains a highly desirable long-term rental prospect.
Management: Being sold with the tenant in situ means zero void periods, no initial letting agent finders' fees, and no need for immediate marketing or refurbishment.
Investment Financials
Monthly Rental Income: £1,250
Annual Rental Income: £15,000
Gross Yield: 7.5%
EPC Rating: D (Typical for the area/era)
Council Tax Band: B (Portsmouth City Council)
 
Agent’s Note: This property is strictly for sale to investors. It represents a "ready-made" addition to a portfolio, combining a high yield with a proven, reliable income stream. Properties with this level of financial transparency and tenant reliability are rarely available at this price point.

Location

Byron Road, Portsmouth, PO2 7RZ, Portsmouth

Data

Object TypeTerraced House
Purchase Price£200,000
Living Space0 m²
Plot SizeN/A
Bathrooms2
Construction YearN/A
ConditionNot specified
Rooms3

Contact Agent

Listing Agent