Summary - 176 Chichester Road, PORTSMOUTH PO2 0AH
3 bed 1 bath House
Freehold mixed-use building with conversion potential close to transport.
Former butcher shop with original shopfront and roller shutters
This mid-terrace mixed-use property on Chichester Road offers clear development and rental potential for investors or buyers happy to refurbish. The ground floor is a former butcher’s shop with original shopfront and rear access; the first floor is a self-contained two-bedroom flat. The footprint is narrow and deep, typical of in‑town terraces, with a small rear garden.
Previous planning was granted for two 2-bedroom flats but has now expired; conversion back to residential will require fresh consents. The building presents as aged externally and will need works to modernise the flat, remove/repurpose commercial fittings and repair the shop fascia. Buyers should budget for refurbishment and possible structural or services upgrades.
The property is offered at auction with a starting bid and associated sale costs: a non-refundable 5% deposit on exchange and a reservation fee up to 6% (min £6,000 inc VAT) are payable. These auction terms and buyer’s fees materially affect overall purchase costs and cash required on completion.
Benefits include freehold tenure, a low council tax Band A charge, fast broadband and excellent mobile signal. Located in an urban area close to local amenities, good primary and secondary schools, and public transport, it suits investors seeking rental income or a developer prepared to progress planning and refurbishment.
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