Summary - The Thicket, Southsea PO5 2AA
1 bed 1 bath Plot
**Standout Features:**
- Purpose-built block of three fully-let apartments
- Off-road parking and individual garages
- Planning permission for three new modern townhouses
- Popular central Southsea location with minimal void periods
- Proven rental income of £37,644 annually
**Concise Summary:**
Discover a unique investment opportunity in the heart of Southsea with this purpose-built block of three well-maintained apartments, currently generating an impressive rental income with a strong tenant demand. This property not only offers off-road parking and individual garages but also comes with approved planning for the construction of three contemporary townhouses featuring three bedrooms (two en-suite), a bike store, roof terrace, and a courtyard garden—ideal for today’s urban living seekers.
While the block is fully occupied now, the flexibility for redevelopment adds significant future potential for investors. Enjoy the benefits of a popular location that boasts excellent walkable amenities, ensuring that future residents or tenants will thrive here. With its appealing mid-century modern design and excellent maintenance history, seize the chance to make this attractive property your own before it’s snapped up—this is a rare offering in a bustling neighborhood!
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