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Offers in excess of
£280,000

3 bedroom terraced house for sale

Albert Road, Southsea
Added yesterday
Terraced house
3 beds
1 bath
Added yesterday

Key information

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Features and description

  • Investment Opportunity
  • Freehold Commercial Unit & Residential Maisonette
  • Roof Terrace Overlooking Albert Road
  • Courtyard Garden
  • Central Southsea Location
  • Three Storey Maisonette
  • Viewing Advised!
Here at Kings Estates, we are delighted to welcome to the market this freehold property, comprising a three-storey maisonette and a ground-floor commercial unit.

The maisonette benefits from its own private entrance and offers versatile accommodation arranged over three floors. The ground floor comprises a bedroom with an adjoining smaller room containing a wash basin and rear access, along with a separate W/C and basin. There is also a kitchen/workshop with access to the rear courtyard garden, in addition to storage cupboards on this level.

The first floor is split-level and offers a generously sized bathroom, further storage cupboards, and a well-proportioned second bedroom. The living space is open-plan with the kitchen and benefits from a balcony overlooking Albert Road, offering an engaging outlook across one of the area's most vibrant and well-connected streets. On the second floor, you will find the third bedroom along with a useful utility area.

The residential accommodation is in need of modernisation and presents an excellent opportunity for a purchaser to refurbish and add value. Estimated rental income following refurbishment is circa £16,800 per annum.

The ground-floor commercial unit is currently let and operating as a hairdressing salon. The spacious shop benefits from a preparation area and W/C. Market rental expectations for the commercial premises are circa £10,000 per annum.

The combined forecasted income from these fantastic residential and commercial dwellings is circa £26,800 per annum, making this property a highly sought-after opportunity. It offers a versatile mix of residential living space alongside a popular commercial unit, all situated in a high-traffic location.

Overall, this is a fantastic mixed-use investment opportunity offering scope for improvement and strong rental potential, not to be missed.
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About this agent

Kings Estates - Southsea
Kings Estates - Southsea
67 Albert Road Southsea, Hampshire PO5 2SG
023 9424 9810
Full profileProperty listings
Kings Estates are a progressive independent agency, we deliver a superior quality service and an exclusive experience for our landlords, vendors, buyers and tenants. We offer expert local and industry knowledge that will outclass our competitors and ensure you receive unparalleled customer care. We have been established in the centre of Portsmouth for over 10 years and due to our unprecedented success, have expanded into Southampton and now the Guildford market. We are market leaders in both of our south coast offices and due to the demand of our vast portfolio of investors we are now offering our professional and unique know-how to the Surrey area.  Each of our offices are run by property experts that have been working tirelessly within the industry in both Sales and Lettings for over a decade. We are highly knowledgeable in the regions we work in and lead our superb teams of professional individuals to ensure the best outcomes are achieved for our clients. We have a far-reaching portfolio of investors waiting for the latest property, so a quick sale is always likely. You will be designated a professional expert for your property and as a point of contact throughout the selling or lettings process. Each week, your property expert will provide feedback on your property and the market to give a clear consistent view of how things are progressing and what next steps you can expect to take. Whether you are a seasoned property investor or new to property, you will receive outstanding customer care and an experience that will mean you can rely on us now, and in the future, to give you the results you require.
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