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5 Bed Flat, Refurb/BRRR, Portsmouth, PO4 0NG £500,000

29 - 31 Festing Road, Southsea, Portsmouth, PO4 0NG - 1 views - 3 months ago
  1. Deal Search
  2. Portsmouth
  3. PO4
  4. PO4 0NG
Refurb/BRRR
~178 m²

ValuationOvervalued

AI score: 0/100. This may not be accurate, please check manually.

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Links

  • More Deals in Portsmouth
  • More Deals in PO4
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Portsmouth
  • More Refurb/BRRR Deals in PO4

Property History

Price changed to £500,000

November 7, 2025

Listed for £550,000

September 30, 2025

Sold for £67,500

2001

Sold for £315,000

2001

Floor Plans

Description

  • INVESTMENT OPPORTUNITY +
  • OPPORTUNITY TO PURCHASE 4 FLATS INSIDE A BLOCK OF 8 +
  • ABILITY TO PURCHASE FREEHOLD OF THE BLOCK ALSO +
  • PERFECT FOR AN EXPERIENCED INVESTOR +
  • 3 x 1 BEDS, 1 X 2 BED +
  • 1 BEDROOM PROPERTIES HAVE OPPORTUNITIES TO CONVERT TO TWO BEDROOMS +
  • SOUGHT AFTER LOCATION +
  • INCOME FROM DAY ONE +
  • OPPORTUNITY TO INCREASE VALUE +

NEXA Properties are delighted to welcome the opportunity to purchase 4 investment flats inside a block of 8 units. The properties are situated on the sought after location of Festing Road within walking distance of Canoe Lake, Southsea Seafront and the popular Albert Road.

The flats consist of 3 x 1 bedroom apartments and 1 x 2 bedroom apartment. The 1 bedroom apartments have the ability to be easily converted to 2 bedrooms thus increasing value of each unit. All units would benefit from modernisation but are all currently tenanted meaning you can purchase with income return from day one.

The properties further benefit from the owner also owning the freehold so there is also the potential to purchase the freehold as part of the transaction.

*Please note photos of all flats are not currently available and pictures are of one flat only*

Contact NEXA Properties to arrange a viewing.

Agent Details

NEXA Properties, Southsea

0238 254 4117

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

AI score: 0/100. This may not be accurate, please check manually.

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