This Central Southsea apartment building is a unique investment opportunity that can be used as a rental property or redeveloped into three modern townhouses with off-road parking. The approved plans for the townhouses feature three bedrooms, two en-suite bathrooms, a bike store, roof terrace, and a courtyard garden, making it an attractive option for the sales market. The existing apartments have been well-maintained and offer off-road parking and garaging, with a gross annual income of £37,644 from the current Assured shorthold tenancies. The block is fully occupied, and more information on the planning permission is available on request or through Portsmouth City Council's website.