Lincoln Road, Portsmouth, PO1 5BQ

**HMO LICENSE FOR 3 PEOPLE**CURRENTLY TENANTED ON A JOINT AST**£1,500 PER MONTH BILLS EXCLUDED**

We are pleased to offer to the market this three-bedroom mid-terraced HMO located on Lincoln Road, Fratton, Portsmouth. The property is conveniently situated within walking distance of the University, Fratton Train Station, and Asda Supermarket.

The accommodation is arranged over two floors and comprises of a reception room, ground-floor double bedroom (off the lounge), a good-sized shaker-style kitchen, and a south-facing garden with a storage shed at the rear. The first floor features two double bedrooms and a three-piece bathroom suite.

- The property is currently occupied by three tenants on a joint tenancy agreement.

- The tenants pay £1,500 per month (excluding bills).

- The existing HMO licence is valid until 03/03/2030 in the current owner's name.

- The property is currently fully managed by Kings Estate Agents.

Please contact us directly to arrange a viewing.

A fee of £25 + VAT (£30) per purchaser is payable following acceptance of an offer to cover the required ID, AML and Sanctions checks. This fee is non-refundable once the checks have been carried out, even if the sale does not proceed to completion.