Summary - FLAT, 178, CHICHESTER ROAD, PORTSMOUTH PO2 0AH
1 bed 1 bath Retail Property (high street)
Large conversion potential with rear garden and strong connectivity.
Freehold Victorian high-street property with commercial ground floor
A substantial freehold high-street property on Chichester Road with mixed-use potential. The ground floor currently houses a vacant butcher shop with a traditional Victorian shopfront; above is a two-bedroom flat. The site includes a small rear garden with access and offers extremely large overall internal area across multiple storeys.
This is a development-led opportunity for investors or developers. Past planning for two 2‑bedroom flats was approved but has since expired, so any conversion will be subject to new planning (STPP). The building appears dilapidated and will require renovation and refurbishment before re-letting or resale.
Sold via online auction with a buyer’s fee and standard terms and conditions, the property suits purchasers comfortable with auction timelines and conditional sales. The location benefits from fast broadband, excellent mobile signal and nearby schools and amenities, but sits in a more deprived local area and will attract budget rental demand.
Buyers should budget for refurbishment costs, possible structural and services upgrades, and the cost/time of securing fresh planning consent if pursuing conversion. The sale is uninspected; prospective buyers should commission their own surveys and searches before bidding.
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