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Listing removedListed 52 days
Opportunity summary
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About
This substantial commercial premises is located close to the University of Portsmouth Campus, with the popular shopping areas of Gunwharf, Commercial Road and Albert Road a short distance away offering a mix of national and local retailers with many independent shops, bars restaurants and other local amenities close by.
The property is situated on the junction of Landport Terrace and Kings Road with easy access to the A3 and M27 road networks with bus, rail and ferry links close by.
Southsea seafront and Southsea common is also a short distance away. This building has been in use for many years as a well regarded accountancy firm, who are now relocating.
The layout offers a variety of office rooms spread over five storeys with staff kitchen and toilet facilities as well as storage rooms in the basement and attic.
It is considered ideal for continued use as a commercial premises, or for redevelopment and conversion to residential, subject to all necessary consents being obtainable.
Basement Hallway and two storage rooms. Ground Floor Entrance lobby, inner hallways, three office rooms and staff W.C. First Floor Landing, two office rooms and staff kitchen.
Second Floor Landing, two office rooms and staff W.C Third Floor Two storage rooms in roof space. Outside Enclosed rear garden and additional small courtyard. EPC Rating E (116).
Total Floor Area 271 sq.m. Local Planning Authority Portsmouth City Council.
Website: Tel: Freehold with Vacant Possession Commercial EPC: E Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation.
They are not necessarily figures at which a property will sell for and may change at any time prior to Auction.
Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide.
Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price.
All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing.
This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty.
If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 28 Landport Terrace, Portsmouth
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