Chain-free commercial-to-residential conversion with basement and loft, minutes from the seafront..
Chain-free freehold property with basement and loft space
This chain-free, freehold property sits on a popular Castle Road location just a short walk from the seafront and Southsea Common. Currently configured as a Sui Generis commercial unit, the building offers clear potential for conversion back into residential use or continued commercial operation — attractive to investors or developers targeting central coastal returns. The property includes basement and loft space, high ceilings and many remaining period features that add character and rental appeal.
The accommodation is substantial for its footprint (approximately 1,136 sq ft) and benefits from mains gas central heating, fast broadband and excellent mobile signal. Practical positives include a very central position with strong local amenities, good transport links and proximity to well-regarded independent and state schools. The council tax band is noted as cheap, and the tenure is freehold with no onward chain.
Buyers should note material considerations: the unit is currently commercial (Sui Generis) so residential reversion will require planning or change-of-use confirmation. The plot is very small and there is no defined insulation in the cavity walls, indicating likely upgrade costs. The wider area has a high crime rating and is classified as deprived, which may affect rental demand and values. Expect typical maintenance for a pre-1900 period building, and allow budget for conversion, insulation, glazing or other modernisations where needed.
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