Summary - Victoria Road North, Southsea, Hampshire, PO5 PO5 1QE
5 bed 1 bath Terraced
Chain-free auction opportunity for investors or developers with renovation experience.
Five bedrooms and three reception rooms across four floors
This substantial mid-terrace Victorian property spans four floors with five bedrooms, three reception rooms and a large basement offering significant development potential. Offered chain-free and to be sold at auction, it suits investors or developers looking for a reconfiguration or HMO conversion (subject to planning). The generous total area (approximately 2,785 sq ft) provides scope to create multiple lets or a spacious family home once modernised.
The property requires full modernisation throughout: internal finishes are worn, there is visible damp and flaking paint in places, and the kitchen and bathroom are dated. Serious renovation will be needed including cosmetic overhaul and likely services updates — buyers should allow a comprehensive refurbishment budget. Planning and building consents will be necessary for any conversion or major reconfiguration.
Location strengths include excellent transport links, fast broadband and strong mobile signal, with local amenities, shops and a mix of students and professionals nearby. Practical considerations: the plot is small with no visible outdoor space, council tax is expensive, and the immediate area records above-average crime rates. There is no flood risk recorded.
This property is a clear opportunity for a buyer prepared to carry out a full renovation or redevelopment. Its size, basement and central Southsea location make it attractive for rental schemes or a bespoke family redesign, but it is not suitable for buyers seeking a move-in-ready home.
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