Summary - Flat, 176, Albert Road, SOUTHSEA PO4 0JT
1 bed 1 bath Commercial Property
Freehold mixed-use parade property with income and garden flat potential.
Freehold mixed-use property with commercial ground-floor and residential flat
Commercial unit tenanted until April 2029 (aesthetics business)
Residential garden flat described as two bedrooms; vacant 31 March 2026
Potential income cited at c. £25,800 per annum
South-facing private garden and roof terrace / balcony
Urban terrace footprint — long narrow rooms, modest internal widths
Located on busy Albert Road parade with strong footfall but high local crime
Area flagged as deprived; viewing advised to assess condition and layouts
A rare freehold mixed-use opportunity on Albert Road in central Southsea, offered with immediate rental income and short-term residential availability. The ground floor houses a fitted commercial unit currently let to an aesthetics business on a fixed-term lease (tenant until April 2029), producing part of the quoted potential income of c. £25,800 per annum. The rear/upper residential element is described as a spacious two‑bedroom garden flat with a south-facing garden and a private balcony/roof terrace; this flat is becoming vacant 31 March 2026, offering either owner-occupation or re-letting potential.
The commercial unit benefits from good street frontage in a busy parade of independent shops and presents in contemporary, high-spec condition suitable for small retail/clinic use. The residential accommodation is arranged over ground and first floors with long, narrow rooms typical of terrace layouts and delivers separate access from the commercial element. Overall plot and internal room footprints are modest-to-average for an urban terrace, with a garden unusually generous for a central garden flat.
Investors should note the material details: the commercial lease runs to April 2029, the residential flat is vacant from March 2026, and the property sits in an area with high crime statistics and local economic deprivation which may affect lettings and valuations. Viewing is strongly recommended to confirm internal layouts, condition and exact floor areas before purchase. This asset suits buyers seeking immediate rental income with short-term residential upside or an owner-occupier prepared to manage a commercial tenant and adapt the property where needed.
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