Substantial investment with conversion and rental upside close to transport and seafront.
- Eight bedrooms, four bathrooms, approximately 2,275 sq ft
- Planning permission previously granted to create apartments
- Freehold Victorian terrace with period features and high ceilings
- Off‑street parking to the front and decent rear garden
- Suitable for HMO, B&B, or conversion to multiple flats
- Exterior and some interior maintenance required; fixer‑upper
- Located near town centre, train station and seafront
- High local crime rate and very deprived area; consider management costs
An expansive eight-bedroom Victorian terrace on Locking Road offering clear rental and redevelopment upside. At about 2,275 sq ft with 19 rooms, the house suits HMO operators, short‑stay/B&B businesses, or a conversion into apartments — planning permission has previously been granted. The property is a short walk from the town centre, train station and seafront, supporting year‑round demand for lettings or guest accommodation.
The house retains period character — bay windows, stonework and high ceilings — but is a practical investment rather than a finished home. The exterior and front garden need maintenance and some internal updating is likely; buyers should budget for refurbishment works. Off‑street parking and a decent rear garden add useful tenant appeal and circulation for conversions.
Location factors are mixed: excellent transport, fast broadband and nearby good schools, balanced against a high local crime rate and a very deprived surrounding area. These realities reduce owner‑occupier premium but improve rental yield potential for the right investor prepared to manage a multi‑unit property. Freehold tenure simplifies redevelopment decisions.
In short: a large, versatile period property with strong income or conversion potential if you accept refurbishment costs and the local market context. Suitable purchasers will be investors or developers targeting HMO or apartment schemes, or buyers wanting large family accommodation after renovation.
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