Offers over

£375,000

6 bed property for sale
Romsey Road, Southampton SO16

    • 6 beds

    • 3 baths

  • EPC Rating: C

  • Freehold

Added on

Hunters - Southampton

Logo of Hunters - Southampton

About this property

    Established HMO Investment | Company Share Acquisition Preferred | Existing Finance at 3.44% Subject to Lender Consent | RICS Valuation £400,000

    Hunters are pleased to offer an unusual opportunity to acquire an established Southampton HMO investment, either through a conventional property purchase or, preferably, through acquisition of the shares in the property owning company.

    The property has an August 2026 RICS valuation of £400,000 and is offered at oieo £375,000.

    The company acquisition route offers an incoming investor the opportunity to acquire the established letting business together with the benefit of its existing circa £250,000 interest only OneSave facility, fixed at 3.44%, subject to lender approval of the change of control and incoming guarantor.

    Investment Highlights

    • August 2026 RICS valuation of £400,000
    • Established Southampton HMO investment
    • Established rental income
    • Company share acquisition available
    • Circa £250,000 OneSave facility at 3.44%, subject to lender consent
    • Potential for lower acquisition taxes and initial cash requirement through a share purchase
    • Investment and due diligence pack available to qualifying applicants
    • Buyer financial comparison calculator available

    Purchasers interested in the company acquisition will make offers by reference to the underlying property value. Indicative equity consideration will take account of the existing finance, net company creditors and an agreed allowance for latent corporation tax.

    Completion of a share acquisition will be subject to satisfactory due diligence and OneSave's consent to the change of control and incoming guarantor.

    Planning

    The seller advises continuous HMO use since at least April 2014. Further information regarding the planning position is available within the due diligence pack.

    Further Information

    A comprehensive Investment Memorandum and supporting information are available through Hunters.

    Financial illustrations are indicative, pre tax and not financ

    Aml

    Agents are required by law to conduct anti-money laundering checks on all those buying a property.

    We outsource the initial checks to partner suppliers Coadjute who will contact you once you have had an offer accepted on a property you wish to buy.

    The cost of these checks is £54inc vat per person. This is a non-refundable fee.

    These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.

    This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.

    Material Information - Southampton

    Tenure Type; Freehold
    Council Tax Banding; C

    Zoopla tools

    Stamp duty calculator

    Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

    From 1st April 2025 £-

    This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

    Local area information

    Zoopla insights

    Sign in and gain expert analysis to make informed decisions.

    More information

    • Tenure

      Freehold

    • Council tax band

      C

    • Report this listing
    See all recent sales in SO16

    Property descriptions and related information displayed on this page are marketing materials provided by - Hunters - Southampton. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hunters - Southampton for full details and further information.