2 Bed Terraced House, Single Let, Portsmouth, PO2 0BP £215,000

116 Havant Road North End, Portsmouth PO2 0BP - 5 days ago
BTL
60

Property History

Listed for £215,000

January 23, 2026

Sold for £120,000

2006

Sold for £86,500

2002

Floor Plans

Description

  • Extremely well presented Two bedroom terraced house +
  • Tenant in Situ - Investors only +
  • Two reception rooms +
  • Modern fitted kitchen +
  • Modern fitted ground floor bathroom +
  • Double glazed & gas central heating +
  • No forward chain +
  • Turnkey no hassle investment opportunity +

This well-presented two-bedroom terraced house is offered with a long-term tenant in situ, making it a hassle-free, turnkey investment. The property benefits from a flawless rental payment history with no arrears or late payments, providing immediate and reliable income from day one.Rental Income & Direct Management: The property is currently privately managed with no letting agent in situ, ensuring the incoming owner receives the full rental income (or the option to have an agent manage it) Current Rent: £900 per month. Planned Increase: £950 per month (scheduled for October 2026). Yield: Strong gross return with built-in growth. Compliance & Upgrades: Key compliance and upgrades are already in place, including a valid EPC until 2028 and a current gas safety certificate. The property is further enhanced by a scheduled £1,000 electrical overhaul (End of Jan 2026), which includes a brand-new non-combustible consumer unit and a Satisfactory EICR valid until 2031.Recent Improvements: Recent improvements include a new boiler, a contemporary new bathroom, new carpets, and a full external repaint, ensuring minimal future capital expenditure for the landlord.Accommodation: The accommodation comprises two reception rooms, a modern fitted kitchen, a contemporary ground-floor bathroom, and two double bedrooms. Externally, the property features a low-maintenance rear garden.Offered with no forward chain to ensure a smooth and efficient transaction.

Agent Details

Wainwright Estates, Waterlooville

0238 144 9981

Next Steps?

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