Summary - Investment Opportunity PO4 0NG
5 bed 4 bath Block of Apartments
Immediate income with clear scope to boost rent and capital through refurbishment.
- Four flats available inside an eight-unit Victorian terrace block
- 3 x 1-bed and 1 x 2-bed apartments currently tenanted
- Immediate rental income from day one
- Three 1-bed units convertible to 2-bed layouts
- Option to purchase the freehold for unified control
- All units need modernisation and refurbishment works
- Photos currently available for one flat only
- Sought-after Southsea location near seafront and amenities
A compact investment block offering immediate rental income and clear value-add potential. Four flats (3 x 1-bed, 1 x 2-bed) within an eight-unit Victorian terrace are currently let, providing income from day one while requiring modernisation to raise rents and capital value.
Three of the one-bedroom flats can be converted to two-bed layouts, a straightforward route to increase rental yield or resale value in this sought-after Southsea location close to Canoe Lake, the seafront and Albert Road amenities. There is also an option to acquire the freehold, simplifying long-term management and future redevelopment plans.
Properties are sold in need of renovation; works are likely to include cosmetic updating and modern fixtures, with full surveys advised. Some photographs cover only one flat, so viewing and inspection are recommended to confirm condition across all units. This opportunity suits experienced investors seeking immediate cashflow with a clear refurbishment and repositioning strategy.
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