This Central Southsea apartment building is a unique investment opportunity that can be utilized as a rental property or developed 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. The block has been well-maintained and each apartment has the benefit of off-road parking and garaging. Currently, the apartments are let on assured shorthold tenancies, producing a gross annual income of £37,644.00, and the block is fully occupied at the time of writing. The property has a freehold tenure and is situated in Council Tax Band B. Additional information on the planning permission and development opportunities is available upon request.