Auction sale — fast completion; refurbishment opportunity for cash buyers.
Vacant freehold terraced house, two bedrooms
This period two-bedroom mid-terrace (approx. 705 sq ft) in North End, Portsmouth is a clear refurbishment opportunity for investors or cash buyers. Vacant freehold and sold by online auction with a six-week completion window make it suitable for buyers able to move quickly.
The house requires extensive modernisation throughout: dated mid-20th-century fittings, peeling wallpaper, and small room sizes. Key fabric items include double glazing installed before 2002, cavity walls likely without added insulation, and a mains-gas boiler with radiators — expect replacement or upgrading costs and standard conservation considerations for a property built c.1900–1929.
Location is well connected: close to London Road/Kingston Road amenities, M275 access, and nearby Hilsea and Fratton stations. Nearby leisure and school provision is good for the area, which supports rental demand but sits in a generally deprived, constrained-renter neighbourhood. No flood risk is recorded.
Summary for investors: clear upside from renovation and re-letting or resale, but budget realistically for structural, insulation, and service upgrades. This lot suits buyers prepared to complete quickly and fund refurbishment to unlock value.
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