2 bed flat

This attractive mixed-use property on Castle Road in Southsea offers a unique investment opportunity, comprising a ground floor retail unit and two self-contained residential flats above. The property is fully let, producing a combined gross annual income of £38,720, with minimal management required. The retail unit is occupied by an established tenant, while the two flats are let on Assured Shorthold Tenancies.

With a strong local demand and convenient access to shops, cafes, and the seafront, this property presents both immediate rental income and long-term capital growth potential. Additionally, the property is not elected for VAT, making it an attractive investment opportunity for those looking for a hassle-free income-generating property.