Walking distance to Albert Road and seafront, income-producing on exchange.
Freehold Victorian mid-terrace with HMO layout
This Victorian mid-terrace is offered as a freehold HMO in a highly sought-after Southsea pocket near Albert Road and the seafront. Arranged over two floors, the property currently provides four letting rooms, a separate lounge, a long kitchen-diner and a ground-floor bathroom — a straightforward layout that suits shared living and rental income.
The house is let and generating income, providing an immediate yield for a buyer who wants rental return from day one. Rooms are described as generous for the type, with bay windows and high ceilings in some bedrooms that help rental appeal. The small rear garden offers low-maintenance outside space.
There are practical drawbacks to note: the home needs modernisation and would benefit from updating throughout to maximise rent and capital value. There is only one bathroom for four bedrooms, and the property sits in an area with higher-than-average local crime, which investors should factor into management costs and rent expectations. Tenants are in situ — viewings and vacant possession will depend on tenancy terms.
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