3-bedroom terraced house · PO1 2NH
For saleListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 BEDROOM FAMILY HOME WITH WESTERLY FACING GARDEN, GARAGE & LOCATED WITHIN THE SOUGHT AFTER & REQUESTED OLD PORTSMOUTH AREA.
Conveniently placed just a short walk from Hot Walls & beach in Old Portsmouth, Portsmouth Camber, Portsmouth Cathedral, ferry port, The Hard Interchange Bus & Coach Station, Portsmouth Harbour Train Station and Gunwharf Quays Leisure & Shopping Complex.
The accommodation comprises 3 bedrooms, entrance hall, lounge/dining room, fitted kitchen, ground floor cloakroom, first floor shower room.
Other benefits include double glazing, gas central heating and rear pedestrian access.
The property can be offered with no chain and has been priced to allow for some updating to the kitchen and other areas.
Entrance Hall - Double glazed front door leading to hall, radiator, textured ceiling, radiator, gas meter cupboard, stairs to first floor with under stairs storage cupboard.
Lounge/Dining Room - 5.54m max x 4.11m max (18'2 max x 13'6 max) - Double glazed window to rear overlooking garden, double glazed doors leading to garden, two radiators, textured ceiling.
Kitchen - 2.46m x 2.49m (8'1 x 8'2) - Single drainer stainless steel sink unit with range of wall and base cupboards with work surfaces over, electric cooker, plumbing for washing machine, space for fridge/freezer, part tiled walls, double glazed window to front, serving hatch, wall mounted Vaillant gas boiler.
Cloakroom - 1.65m x 0.71m (5'5 x 2'4) - WC, wash hand basin with tiled splashback, radiator, extractor. First Floor Landing - Hatch to loft, storage cupboard, radiator.
Bedroom 1 - 4.27m x 2.36m (14' x 7'9) - Double glazed window to rear, built in wardrobe, radiator, textured ceiling.
Bedroom 2 - 3.23m x 2.36m (10'7 x 7'9) - Double glazed window to front, built in wardrobe, radiator, textured ceiling.
Bedroom 3 - 3.38m x 1.65m (11'1 x 5'5) - Double glazed window to rear, radiator, textured ceiling.
Shower Room - 1.83m x 1.75m (6' x 5'9) - Suite comprising shower cubicle, wash hand basin with tiled splashback, WC, double glazed window to front, chrome ladder radiator, textured ceiling.
Garden - Westerly facing garden with fenced boundaries, patio, gate to rear offering pedestrian access. Garage - Located in a very nearby block in Halfpenny Lane.
Additional Information - Tenure - Freehold Council Tax - Band D 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
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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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.
Area
Agent & docs
FAQ
About Penny Street, Old Portsmouth
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