Summary - 16 NEWCOME ROAD PORTSMOUTH PO1 5DU
4 bed 1 bath Terraced
HMO-ready Victorian terrace near transport and university for investor buyers.
HMO licensed for five years (signed off March 2025)
Four double bedrooms, communal reception and separate kitchen
Needs full renovation and modernisation throughout
Freehold, chain-free; sold via secure online auction (terms apply)
Small rear garden, small overall plot size
Solid brick walls assumed uninsulated; glazing age unknown
High local crime and area deprivation may affect lettings/insurance
Close to Fratton station and University of Portsmouth
This Victorian mid-terrace in Fratton is offered as a clear investment proposition. With four double bedrooms, an HMO licence valid for five years (signed off March 2025) and proximity to Fratton station and the University of Portsmouth, the property suits landlords targeting students or sharers. Sold chain-free and via secure online auction bidding — terms and conditions apply — it’s ready for a buyer who can move quickly.
The house requires full renovation and modernisation: cosmetic updating, likely improved insulation and internal upgrades are needed. The solid-brick walls are assumed uninsulated, and fittings and finishes are dated. There is a small rear garden and double glazing of unknown age, and the property offers straightforward room sizes across approximately 708 sq ft arranged over multiple floors.
Known positives include a five-year HMO licence in place, mains gas heating with a boiler and radiators, freehold tenure and a low Council Tax Band B. Material negatives to factor into budgeting are the need for renovation, location in a deprived area with high local crime levels, small plot size, and sale by auction (secure sale online bidding). These affect financing, insurance and lettings profiles but also lower the entry price and increase yield potential for the right investor.
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