Gatcombe House, Copnor Road
Portsmouth
Hampshire
PO3 5EJ
Westfield Road, Southsea
Asking price £350,000 Sold (STC)
4 Bedroom House - End Terrace
- ***NO FORWARD CHAIN***
- RICS residential Survey in Sept'24 at £355,000
- Well Presented Throughout
- Newly Refurbished & Modern
- Popular Southsea Location
- Private Garden
- 4 Bed HMO with 100% occupancy rate
- Good Rental Returns for Investors
- Sold as normal residence or HMO (licence renewed Feb'25)
NO FORWARD CHAIN
Located in central Southsea, this charming end-terrace house offers a delightful blend of modern living and classic character. This property has been thoughtfully refurbished to provide a contemporary lifestyle while retaining its historical charm, having been built in 1900.
The house boasts four spacious double bedrooms, three of which feature en-suite bathrooms, ensuring ample privacy and comfort for family and guests alike. The well-appointed reception room serves as a welcoming space for relaxation and entertainment, making it perfect for both quiet evenings and lively gatherings.
Situated in a central location, this home is just a stone's throw away from the stunning Southsea seafront, as well as a variety of shops and local amenities. The convenience of nearby facilities makes this property an ideal choice for those seeking a vibrant community atmosphere.
With its modern finishes, generous living space, and prime location, this end-terrace house on Westfield Road is a fantastic opportunity for anyone looking to embrace the Southsea lifestyle. Don't miss your chance to make this beautiful property your new home.
For investors, this home also offers great returns of circa £3,000pcm with proven recipets over the last 12 months.
The Property
4 double bedroom home which is presently HMO with 4 bathrooms, communal reception, kitchen and courtyard after being freshly re-developed in the last 12 months, providing an active income of £2,850pcm in rental income, in the desirable area of Southsea.
RICS Residential Survey conducted in Sept '24 at value of £355,000
HMO Licence was obtained with in the last 12 months and renewed in Feb '25, with gas safe & electrical safe certificates in place.
Can easily be re-utilised as a family home if desired or architect and sign off for five bedroom (architect drawings provided FOC).
Room rates
The property in over 12 months has had a 100% occupancy rate, with each room receiving £750, £650, £650 and £500 respectively (£2,600pcm or £31,200pa). Presently all occupied.
Note from the Vendor
The vendor is looking to sell due to opportunities abroad.
Note from the agent
This is a modern and well laid out HMO with great returns and very little work work required, to provide a steady and decent rental income, in a high demand area, a great find.
Mortgages are in abundance, including as a HMO in Ltd Co or personal names, with approvabale mortgages at competitve rates.
Return to market Jan'26
The prior buyer had to withdraw from purchase due to personal circumstances, no issues raised on home for mortgage or legals which we are pleased to say are clear.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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