2 bed terraced house for sale

Chichester Road, Portsmouth PO2

Kings Estates are delighted to bring to the market this freehold mixed-use investment opportunity, comprising a ground floor commercial unit and a spacious two-bedroom split-level maisonette.

Kings Estates are delighted to bring to the market this freehold mixed-use investment opportunity, comprising a ground floor commercial unit and a spacious two-bedroom split-level maisonette.

The residential accommodation benefits from its own private entrance and is arranged over two floors. The first floor offers a generous double bedroom with built-in storage, a bright and spacious living room, a fitted kitchen and a three-piece family bathroom. The second floor is home to a further well-proportioned double bedroom, providing flexible living accommodation.

The ground floor commercial premises are currently occupied and operating as a hairdressing salon. The unit comprises a spacious retail area, kitchen space, preparation area, W/C and an additional private room that would make a great beauty room. To the rear of the property is an enclosed garden, currently accessed via the commercial unit, with additional pedestrian access through a rear alleyway.

The commercial unit is expected to achieve approximately £10,800 per annum, while the residential maisonette has an estimated rental value of £13,200 per annum.

With a combined projected rental income of approximately £24,000 per annum, this property represents an excellent opportunity for investors seeking a mixed-use asset with strong income potential.

Situated in a prominent location, the property offers the benefit of an established commercial premises alongside well-proportioned residential accommodation, making it an attractive addition to any investment portfolio.

Early viewing is highly recommended to fully appreciate the potential this versatile investment has to offer.

A fee of £25 + VAT (£30) per purchaser is payable following acceptance of an offer to cover the required id, aml and Sanctions checks. This fee is non-refundable once the checks have been carried out, even if the sale does not proceed to completion.