Sheffield Road, Hampshire PO1 5 bed terraced house for sale

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Sheffield Road, Hampshire PO1 5 bed terraced house for sale

Sheffield Road, Portsmouth, Hampshire, PO1
£325,000

Our Summary

  • This makes it an ideal investment opportunity for those looking to expand their portfolio
  • In addition, the property offers no forward chain, providing an uncomplicated buying process for potential investors
  • There is also scope for improvement, which could significantly increase the property's value
  • Its prime location combined with its potential for improvement makes it a unique and promising prospect in the real estate market
  • Ideal investment opportunity
  • Potential for value increase

Description

This large terraced house in central Portsmouth is a prime investment opportunity or potential family home. With five bedrooms, two reception rooms, and a single kitchen, the property boasts ample space for tenants or family members. The house features a unique layout, including a basement, utility room, and separate dining room, making it an attractive option for students, professionals, or families. Currently, the property yields an annual rental income of £22,740, with tenants in situ until September 2025. The property offers no forward chain, providing a straightforward buying process, and there is scope for improvement to increase its value. Additionally, the house could be converted into a spacious family home, making it an appealing option for residential buyers. With a 'C' EPC rating and council tax band 'C', the property strikes a fair balance between energy efficiency and tax liability. Overall, this property presents a multitude of opportunities for investors and residential buyers, with its prime location and potential for improvement making it a promising prospect in the real estate market.