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Terraced house for sale
High Street, Portsmouth, Hampshire, PO1
£900,000
High Street, Portsmouth, Hampshire, PO1
£900,000
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 Old Portsmouth property offers a rare investment opportunity, comprising a mix of commercial and residential space. The ground floor is a vacant commercial unit with D1 use, previously rented at £2,000 per month, providing potential for immediate rental income or owner-occupation. The first floor is home to a well-established dental practice, with a modern fit-out and prime location, offering a reliable source of rental income. The second floor is a charming one-bedroom apartment, suitable for private residence or rental. The property also features a cellar for additional storage. Located in a prime spot in Old Portsmouth, with its historic charm and proximity to the waterfront, this property offers excellent prospects for capital growth and is ready for immediate purchase with no forward chain.