Landport Terrace, Portsmouth, PO1

Description

Guide Price; £400,000 - £550,000

Potential Rental Yield between 6.42% - 10.2%.

Opportunity to renovate a beautiful 4 storey townhouse located on the historic Landport Terrace nestled in the heart of Portsmouth.

Reference: SASAM

Guide Price; £400,000 - £550,000

Situated on the historic Landport Terrace in the heart of Portsmouth. Currently being occupied as offices for a local Chartered Surveyors firm, this property has the potential to create a 7 bedroom student accommodation or indeed a very generous sized residential home. Potential to extend and develop 3 or 4 flats subject to planning permission.

This 1873sqft 4 storey townhouse on Landport Terrace offers an incredible investment opportunity most notably in the ability to create a 7 bedroom terraced home that would be perfect for student accommodation due to the location. This property sits directly opposite Ravelin Park which is home to 3 University of Portsmouth buildings; the Library, the Dental Academy, and the very popular Student Union. With Portsmouth City Centre only a 13 minute walk away as well as Portsmouth & Southsea Station, this property could not be more convenient for student living and therefore 7 bedroom terraced homes within a mile radius of Landport Terrace are currently being rented out to students from anywhere between £3,150 pcm - £4,200 pcm.

Do not miss out on this exciting opportunity - book in your viewing slot for our upcoming open house!