Summary - 53 SHEFFIELD ROAD PORTSMOUTH PO1 5DP
5 bed 3 bath Terraced
Immediate rental income with clear refurbishment upside.
Five double bedrooms across multiple storeys
A spacious five-bedroom mid-terrace in central Southsea positioned for rental demand, especially from university students and nearby professionals. The house currently produces an annual rental income of £22,800 and has new tenants scheduled to move in August 2025, offering immediate income for an investor.
Set across multiple storeys with two reception rooms, three bathrooms and a generous rear garden, the property has clear upside through targeted refurbishment or reconfiguration. A mandatory HMO licence for up to six persons is in place, and the freehold tenure removes leasehold complications.
Practical points for buyers: the property sits in a deprived, high-crime neighbourhood which can affect rental levels and long-term demand. The plot and overall internal footprint are relatively small despite five bedrooms, so return improvements are likely to come from layout upgrades and quality improvements rather than extension.
Energy performance is mid-range (C EPC) and heating is gas-fired boiler with radiators. Broadband and mobile signals are strong. The house is offered chain free, presenting a straightforward purchase for an investor or a buyer willing to refurbish into a family home.
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