Summary - 213 FRANCIS AVENUE SOUTHSEA PO4 0AJ
3 bed 1 bath Terraced
Auction-ready investment close to university, station and seafront.
Victorian mid-terrace with period bay window and high ceilings
Conveniently placed in Southsea, this three-bedroom Victorian mid-terrace offers clear investor potential and scope for a family buyer seeking space to modernise. The house retains period features such as a bay window and high ceilings, while benefitting from gas central heating, replacement double glazing and a westerly rear garden of about 35ft. The property is vacant and presented for sale at auction with a guided price of £240,000–£260,000.
The layout provides ground-floor living and dining rooms, a central kitchen, cloakroom and three first-floor bedrooms with a shower room. The accommodation totals approximately 95 sq m (1115 sq ft floor area noted) and sits on a small plot with a shallow forecourt and low-maintenance gravel rear garden. Local amenities, the university campus, mainline station and seafront are all within about a mile, supporting good rental demand.
Important practical points: the property requires refurbishment and will be sold on strict auction terms — immediate exchange, 10% deposit, buyers premium and 28-day completion. It was previously an HMO but any licence has lapsed and no C4 planning consent is in place, so purchasers should verify future letting arrangements. Prospective buyers should review the legal pack for additional charges and costs.
For investors, the seller’s guidance projects a rental of about £1,500 pcm (gross yield ~7.25%). For owner-occupiers the house offers a traditional period home that now needs updating but could be refreshed to reveal its original charm. Budget for refurbishment works when assessing value and timings under auction conditions.
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