- Spacious Town House +
- Four Bedroom HMO Status +
- Great Location - Close to Restaurants +
- 500m to Seafront +
- Allocated Parking - Private Gated +
- Two Bathrooms plus Ground Floor WC +
- Gas Centrally Heated & Double Glazed +
- Modern Property +
- Guide Price £300,000 - £325,000 +
- Currently Occupied +
A spacious three-storey townhouse in the heart of Southsea, offering flexible living and excellent investment potential. The property features two receptions (one currently used as a bedroom), 2 bathrooms, and the rare benefit of private gated allocated parking. HMO status for four bedrooms, this home is perfectly positioned just 275m from vibrant Albert Road and only 500m from Canoe Lake and Southsea Seafront
Description - This spacious three-storey townhouse offers versatile and well-proportioned accommodation, making it ideal as both a solid investment opportunity and a comfortable residence. Arranged over three floors, the property features two generous reception rooms – one currently utilised as an additional bedroom – alongside two bathrooms, providing flexibility for families, professionals, or sharers.
A key benefit of this home is its private, gated, and allocated parking – a rare advantage in this highly sought-after Southsea location. The property already holds an HMO licence for four bedrooms, adding significant value for investors seeking a ready-made rental opportunity.
The location is particularly appealing, set in a delightful part of Southsea just 275 metres from the lively and diverse Albert Road, where an array of shops, bars, cafés, and restaurants create a vibrant community atmosphere. For those who enjoy outdoor leisure, Canoe Lake and Southsea Seafront are only 500 metres away, offering open spaces, seaside walks, and recreational activities.
Currently tenanted by professional occupants, the property is generating an income of £2,200 per calendar month. However, this figure is notably below current local rental guidelines, indicating considerable scope for increased returns. With modest investment in interior upgrades or targeted refurbishment, rental yields could be significantly enhanced. The property would also make an excellent student rental, given its proximity to transport links, the University of Portsmouth, and the amenities of Southsea.
Overall, this is a rare opportunity to acquire a spacious and adaptable townhouse in a prime Southsea location – equally suited to investors seeking strong rental yields or buyers wanting a vibrant coastal lifestyle with the added benefit of secure parking.
Location - Portsmouth & Southsea is a vibrant waterfront city steeped in rich maritime history and brimming with modern amenities. As the UK's only island city, it's surrounded by the sea, offering stunning coastal views, bustling harbours, and plenty of outdoor activities. The iconic Spinnaker Tower dominates the skyline, providing panoramic views of the city and beyond.
Portsmouth is home to the Historic Dockyard, where visitors can explore famous ships like HMS Victory and HMS Warrior, as well as the Mary Rose Museum. Gunwharf Quays offers a mix of high-end shopping, waterfront dining, and entertainment, making it a popular spot for both locals and tourists.
Southsea, the city's seaside resort, boasts a long pebble beach, perfect for walks or picnics by the shore. Its Victorian pier, amusements, and Southsea Common provide family-friendly attractions, while the vibrant cultural scene includes the Kings Theatre, independent shops, cafes, and bars.
With excellent transport links, including a busy ferry port and train services to London, Portsmouth & Southsea offers the perfect balance of coastal living and urban convenience, making it a desirable place to live or visit.