Summary - 24 ORDNANCE ROW PORTSMOUTH PO1 3DN
5 bed 2 bath Terraced
**Standout Features:**
- Spacious 5-bedroom Edwardian terrace house
- Generates £31,500 annual rental income (approx. 9% yield as HMO)
- En Suite bedroom, communal lounge, fitted kitchen, and downstairs bathroom
- Rear access for easy entry and bin storage
- Modernisation potential for added value
- Prime Southsea location near Gunwharf Quays
- Excellent transport links and no onward chain for a smooth purchase
Discover a rare investment or family home opportunity in this spacious 5-bedroom Edwardian terrace house located on sought-after Ordnance Row in vibrant Southsea. With a strong annual rental income of £31,500 and approximately 9% yield as a licensed HMO, this property is perfect for investors seeking profitable returns. The layout features a well-sized en suite bedroom along with communal spaces—perfect for shared living or future family conversion, allowing ample room to envision your dream renovation.
Although the property needs some modernisation to reach its full potential, the existing character and spacious design promise a rewarding project. The added benefit of rear access makes everyday living convenient, while the prime location places you just moments away from shopping, dining, and leisure at Gunwharf Quays. Notably, the property is offered freehold with no onward chain, ensuring a smooth transition.
Seize this chance to invest in a versatile property with impressive income opportunities in a thriving Southsea neighborhood. Don’t wait—property like this doesn’t stay on the market long!
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