4-bedroom house · PO1 3TG
For saleReduced £50k (−6.1%) on 21 JunListed 179 days
Opportunity summary
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About
This well-presented, three-storey townhouse is located in the sought-after Perseus Terrace development at Gunwharf Quays, a vibrant waterfront area in the heart of Portsmouth.
Built in the early 2000s, the property forms part of a modern development on the site of the former hms Vernon naval base, offering a great blend of contemporary living and historic surroundings.
The home provides approximately 1,486 sq ft of flexible accommodation, along with the added benefit of an integral garage, two allocated parking spaces in front of the house, and two visitor parking permits.
There is also plenty of storage space on each floor.
The ground floor features a spacious kitchen/dining room, ideal for everyday living and entertaining, with large sliding doors opening onto a generous patio.
The rear garden also benefits from direct access onto the waterfront path. This level further includes a cloakroom, access to the garage, and useful storage.
On the first floor, there is a bright and generously sized sitting room with french-doors and juliet balconies, allowing plenty of natural light.
This floor also hosts the primary bedroom, which benefits from a double en suite. The second floor offers additional well-sized double bedrooms.
Bedroom two benefits from its own ensuite, while a separate family bathroom serves the two remaining bedrooms.
There is also loft access, with a boarded area housing the water tank, providing further practical storage. The layout is well suited to families or anyone needing additional space.
The property is conveniently located near well-regarded schools, including The Portsmouth Grammar School and Ark Charter Academy.
Living here means you are just moments from a range of shops and restaurants, as well as excellent transport links, including the ferry terminal for the Isle of Wight.
Nearby attractions include the iconic Spinnaker Tower, making this an excellent location for enjoying city and waterfront living.
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VAT per purchaser, payable in advance once an offer is agreed and prior to the sales memorandum being issued. This fee is non-refundable.
Located in the heart of sought-after Gunwharf Quays, this property offers stylish waterfront living surrounded by an excellent selection of shops, bars, and restaurants.
Just moments from the historic charm of Old Portsmouth, it perfectly blends vibrant city life with coastal character.
With Portsmouth Harbour train station, regular bus routes, and the ferry terminal all close by, the property benefits from superb transport links-ideal for commuters and those seeking a convenient, low-maintenance lifestyle in a prime location.
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 6, Perseus Terrace, Portsmouth
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