4-bedroom terraced house · PO5 3NE
Sold STCListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in the heart of 'Owens Southsea' this gloriously elegant home offers a compelling mix of spacious flexible accommodation, superb finish, off road parking and a most convenient position set between the cosmopolitan centre of town and Southsea beach, the latter just a few minutes walk away.
Set behind its imposing rendered frontage you will find a wealth of accommodation starting with a grand reception room, study/bedroom 5 and utility on the hall floor.
Beneath can be found a wonderful family sized kitchen and formal dining room.
Rising to the first and second floors you will find four more generous bedrooms together with a bathroom on each floor, all very convenient!
To the rear can be found an enclosed garden with rear pedestrian access quite low in maintenance and offering an aspect facing west enjoying the afternoon/evening sun. What more could you want?
Well there is also off road parking for two cars plus of course modern features such as double glazing and a gas central heating system.
As mentioned the location will be highly popular, off the beaten track but within yards of the shops, Southsea Common and even the beach being only a few moments away.
Now offered for sale with no chain we feel this represents a compelling opportunity to acquire a home of serious proportions in a most desirable spot!
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. SOU260114/2
Value & comps
No previous sales on record.
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 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
Agent & docs
FAQ
About Richmond Terrace, Southsea, Hampshire, PO5
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