Flat for sale in The Avenue, Southampton, Hampshire SO17

An exciting opportunity to acquire a freehold multiple income investment opportunity located in a desirable part of central Southampton. Comprising of two popular multiple occupation properties (HMO's) and two separate commercial shops with a large garden and prominent parking to the front for four vehicles.

The Avenue in a desirable spot on the northly side of the City Centre sandwiched between Southampton Common and Banister Park. The property resides on one of the main routes into the City in a terrace of other mixed retail and residential dwellings with a wealth of amenities and transport links on your doorstep.

This substantial end of terrace property is arranged with a large six bedroom HMO that offers accommodation arranged over three floors and is fully let. A four bedroom HMO is arranged over two floors and is fully let. To the front of the building are two separate commercial retail units, one with new tenants due to occupy soon and the other let to a long standing tenant.

In total and fully occupied, these multiple units will generate £58,200 a year and there is room to enhance the building further to aid with obtaining higher rental income.