Exciting Opportunity in Southsea – 5-Bedroom Edwardian House with High Yield Potential

Positioned in the heart of Southsea on sought-after Ordnance Row, this spacious five-bedroom period property presents a fantastic opportunity for both investors and homebuyers alike. Currently set up as a licensed HMO, the property generates a strong annual income of £31,500, offering an impressive yield of approximately 9%. Whether you're looking to expand your rental portfolio or searching for a home with huge potential, this property ticks all the right boxes.

The house offers generous accommodation throughout, with five well-proportioned bedrooms – one benefiting from its own en suite shower room. There is a communal lounge area, a fitted kitchen, and a downstairs bathroom, making it ideal for shared living. The layout also includes a small private courtyard to the rear, with rear access – a practical feature for managing bins and easy day-to-day coming and going.

While the property is currently tenanted and fully functional, it would benefit from some modernisation, offering the perfect canvas for those looking to add value through cosmetic upgrades. The footprint is ideal, with well-sized rooms and great flow, making it just as appealing for conversion back into a beautiful family home in future. Its character features and period charm provide a great foundation for a stylish renovation.

Offered freehold and with no onward chain, this is a rare and flexible opportunity in one of Southsea’s most desirable areas. There is also the potential for vacant possession, making it ideal for those who want a fresh start, whether as a home or an investment.

Don’t miss your chance to secure this versatile and income-generating property in an unbeatable location.

Contact me today to arrange a viewing – opportunities like this don’t come around often!