Portland Avenue

GUIDE PRICE £475,000 - £500,000
A substantial six-bedroom HMO investment opportunity offering approximately 1,554 sq. ft. of accommodation arranged over two floors. The property is currently operated as a five-bedroom HMO with an existing licence, whilst the current layout provides six bedrooms and the owners have applied for a six bedroom licence which they are hoping to have approved before the end of September 2026. The property provides excellent proportions throughout, with multiple communal areas and bathrooms, making this an attractive investment opportunity.

Tenure: Freehold
Council Tax Band: C
HMO Licence: Currently licensed for 5 bedrooms but has the licence for 6 bedrooms hopefully being approved before October 2026

Interior

The property offers an excellent layout for HMO use, with six bedrooms arranged across the ground and first floors. The ground floor comprises two bedrooms, a generous kitchen, separate dining room, utility room, bathroom and WC, together with the entrance hall. The first floor provides four further bedrooms alongside a bathroom and additional WC. The overall accommodation extends to approximately 144.4 sq. metres (1,554 sq. ft.), providing considerably more space than many comparable HMO investments.

Exterior

The property benefits from the external space associated with this established residential property, providing useful additional amenity for occupants. The substantial internal footprint and versatile arrangement make this an appealing proposition for an investor seeking an established HMO with the potential to maximise the existing accommodation, subject to the relevant licensing requirements.

Location

Portland Avenue is situated within an established residential area of Southend-on-Sea, providing convenient access to local shops, amenities, transport links and the wider town. The property's location also makes it well placed for access to employment hubs, Southend's town centre and local railway connections, supporting its suitability for professional and working tenants.

School Catchment

The property is positioned within reach of a number of established primary and secondary schools, with the surrounding area offering a range of educational options. School catchments and admissions criteria can change, so prospective purchasers are advised to make their own enquiries with Southend-on-Sea City Council and the individual schools.

HMO information:

HMO Licensing Note: The property is currently licensed as a five-bedroom HMO. Although the existing layout provides six bedrooms, any use as a six-bedroom HMO would be subject to the purchaser obtaining any necessary HMO licence and satisfying all relevant licensing, planning, fire safety and amenity requirements. The owners have applied for this and are hoping for approval on this in Sept 2026. Yearly Gross Income: £51,600 across 6 rooms