3-bedroom semi-detached house · PO5 1NY
Sold STCReduced £45k (−10.6%) on 25 MayListed 209 days
Opportunity summary
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About
FLEXIBLE ACOMMODATION WHICH MUST BE VIEWED TO APPRECIATE THE POSSIBILITIES OF THIS SEMI DETACHED HOUSE WITH SIDE PEDESTRIAN ACCESS. OFFERED WITH NO CHAIN.
This former 3 bedroom family home has been modernised, redecorated and fitted with new floor coverings.
This property could be used as a family home, home/income, investment or home with self contained flat.
The current layout comprises a good size lounge with bay window, double aspect dining room, large kitchen breakfast room, ground floor shower room and cellar.
The first floor layout comprises master bedroom with ensuite shower.
The former third bedroom has been changed into a kitchen/lounge, which leads to a rear landing, offering a store/utility room, shower room and double bedroom.
The property is presented in good condition and benefits include double glazing, gas central hearing, attractive kitchen with Bi-Fold doors, enclosed rear garden.
Location - Located in this convenient area close to Albert Road, bars, restaurants, cafes, coffee shops, supermarkets, bus routes, Fratton Train Station, Palmerston Road and short walk to seafront & Canoe Lake.
Entrance Hall - Stained glass door leading to hall. Stairs to first floor with door leading to cellar, two radiators, spotlights.
Lounge - 4.98m into bay x 3.91m (16'4 into bay x 12'10) - Double glazed bay window to front with shutters, feature fireplace, radiator, coved ceiling, picture rail.
Dining Room - 3.86m x 3.40m into bay (12'8 x 11'2 into bay) - Double glazed windows to side and rear, radiator, ceiling rose.
Bathroom - 2.18m max x 1.42m (7'2 max x 4'8) - White suite comprising bath with shower attachment, WC, wash hand basin with tiled splashback, vinyl flooring, window to side, ladder radiator, spotlights, extractor.
Kitchen/Beakfast Room - 6.45m x 3.00m (21'2 x 9'10) - One and a half bowl stainless steel unit, work surface, kitchen units, 5 burner range oven, fridge freezer, washing machine, tumble dryer, spotlights, stripped floorboards, vinyl flooring, two doble glazed windows to side Bi-folding doors leading to garden.
Cellar - 3.96m x 1.78m (13' x 5'10) - Useful storage space housing meters and electric consumer unit. First Floor Landing - Double glazed window to side.
Bedroom 1 - 5.03m into bay x 3.89m max measurements (16'6 into - Double glazed bay window to front with shutters, stripped floorboards, radiator, coved ceiling.
En Suite Shower Room - 2.34m x 1.02m (7'8 x 3'4) - Shower cubicle, wash hand basin with cupboard below, WC, ladder radiator, spotlights, extractor.
Former Bedroom 3/Kitchen - 3.86m x 3.86m max measurements (12'8 x 12'8 max me - Double aspect room with double glazed windows to side and rear.
Single drainer stainless steel sink unit with wall and base cupboards with work surface over, oven hob, extractor, radiator, laminate flooring. Rear Landing - Skylight window, hatches to loft space.
Store/Utility Room - 1.73m x 0.99m (5'8 x 3'3) - Cupboard with worktop over, sash window to side.
Shower Room - 2.03m x 1.32m (6'8 x 4'4) - Shower cubicle, wash hand basin with cupboards below, WC, laminate flooring, ladder radiator, spotlights, extractor.
Bedroom 2 - 4.95m x 3.00m (16'3 x 9'10) - Double glazed windows to side and rear, radiator, spotlights.
Garden - Enclosed rear garden with walled boundaries, shrub borders, large timber shed, two smaller storage sheds, side pedestrian access.
Additional Information - Tenure - Freehold Council Tax - Band B The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Lawrence Road, Southsea
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