Property Summary

This spacious five-bedroom Edwardian terrace on Ordnance Row, Southsea, offers a rare freehold opportunity with no onward chain. Currently operating as a licensed HMO, it generates an impressive annual rental income of £31,500, reflecting an approximate 9% yield, making it highly attractive for investors. The property features well-proportioned rooms including an en suite bedroom, communal lounge, fitted kitchen, and downstairs bathroom, alongside a private rear courtyard with practical rear access. While the house is fully tenanted and functional, it presents excellent potential for modernisation and value enhancement. Located moments from Gunwharf Quays and with exceptional transport links nearby, this versatile property suits both investment portfolios and those seeking a characterful family home.