This four-bedroom house in Fratton, Portsmouth, is an excellent investment opportunity with a five-year HMO licence signed off in March 2025. The property, offered with no onward chain, features one communal reception room, kitchen, and bathroom, and is located close to local transport links and the University of Portsmouth. Although in need of modernization, the house presents a fantastic project for investors and offers strong potential for rental income. The property is situated in a popular area and is available for an online auction starting at £190,000. With a total council tax charge of £1,696.27, this property is a great opportunity for those looking to invest in the Portsmouth area.