This three-bedroom vacant ex-rental property is being offered for immediate cash sale on strict auction terms, with a guide price of £240,000-£260,000. The property, located on Francis Avenue, is situated near the junction with Manners Road and directly opposite Fernhurst Junior School, offering easy access to a range of public amenities, including Southsea Town Centre and Seafront, main-line station, local shops, and recreation facilities. The property, built in 1897, is in reasonable condition but would benefit from some refurbishment. It has a westerly garden and was previously licensed as an HMO, but has not been let since 2021. The property is expected to generate a projected return of around £1,500 per month, equivalent to a gross annual yield of 7.25%.