Terraced house for sale

High Street, Portsmouth, Hampshire PO1

A rare investment opportunity in the heart of historic Old Portsmouth, this former Lloyds Bank building offers a mix of commercial and residential space, providing excellent potential for both immediate rental income and long-term value appreciation.

The property is arranged over three floors, with the following layout:

Ground Floor: A vacant commercial unit with D1 use, previously rented at £2,000 per calendar month, offering further potential for rental income or owner-occupation. The generous floor space allows for a variety of business uses under D1 classification, making it a versatile investment opportunity.

First Floor: Currently home to a well-established dental practice, this spacious commercial unit benefits from a modern fit-out and a prime location. The practice has proven to be a reliable tenant, making this an ideal space for continued rental income.

Second Floor: A charming one-bedroom apartment, perfect for either private residence or rental. The apartment is well-sized and comfortable, offering a desirable living space in a sought-after area.

Additional Features: The property includes a cellar for additional storage.

Located in a prime spot in Old Portsmouth, with its historic charm, and close proximity to the waterfront, this property is a unique opportunity for both commercial and residential income. Offered with no forward chain, it’s ready for immediate purchase and offers excellent prospects for capital growth.

Don’t miss out on the chance to acquire this versatile property in one of the most desirable areas of Portsmouth.

Contact us today for more information or to arrange a viewing.