This exceptional investment opportunity is a substantial, virtually detached character residence in East Southsea, comprising five apartments, each with its own individual gas fired central heating, equipped kitchen, and full/partial double-glazing. The property is situated on Florence Road, a prominent corner position at the junction with Clarence Road, and is within walking distance to Southsea Seafront, Palmerston Road Shopping Precinct, and Southsea Town Centre. The building, formerly a hotel, has been converted into five self-contained apartments, ranging from one to three bedrooms, and is currently producing £61,140 per annum when fully let, with a gross annual yield of around 8%. The property also benefits from off-street parking for two cars and a rear garden. With its unique design, varied and interesting Conservation Area address, and lucrative rental income, this is a rare and desirable entire freehold opportunity, ideal for an investor looking to add to their portfolio or break it down for future disposal.