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Terraced house for sale
High Street, Portsmouth, Hampshire, PO1
£800,000
High Street, Portsmouth, Hampshire, PO1
£800,000
Our Summary
- A rare investment opportunity in the heart of historic Old Portsmouth, this former Lloyds Bank building offers a mix of commercial and residential space, providing excellent potential for both immediate rental income and long-term value appreciation
- The property is arranged over three floors, with the following layout:Ground Floor: A vacant commercial unit with D1 use, previously rented at £2,000 per calendar month, offering further potential for rental income or owner-occupation
- The generous floor space allows for a variety of business uses under D1 classification, making it a versatile investment opportunity
Description
This historic building in Old Portsmouth offers a rare investment opportunity, with a mix of commercial and residential space that provides excellent potential for both immediate rental income and long-term value appreciation. The property is arranged over three floors, with a vacant commercial unit on the ground floor that can be rented or owner-occupied, a well-established dental practice on the first floor that provides a reliable source of income, and a charming one-bedroom apartment on the second floor that can be used as a private residence or rental property. The property also includes a cellar for additional storage. Located in a prime spot in Old Portsmouth, with its historic charm and close proximity to the waterfront, this property is a unique opportunity for both commercial and residential income, with no forward chain and ready for immediate purchase.