Fawcett Road, Southsea 3 bed block of apartments for sale

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Fawcett Road, Southsea 3 bed block of apartments for sale

Fawcett Road , Southsea
£250,000

Price History

Initial price £275,000
03/04/25 £250,000
Price Change -9.09%

Description

This is an investment opportunity to acquire a converted end-of-terrace property in a prime central Southsea location, comprising two self-contained units: a one-bedroom ground-floor apartment and a two-bedroom split-level maisonette. The property benefits from a spacious garden and has a current rental income of £1,340 per month, generating a total yield of 6.43%. With scope for enhancement, this property offers an excellent opportunity to increase rental yields. The maisonette features a kitchen, lounge/diner, bathroom, and two bedrooms, while the ground-floor apartment has a living room/kitchen, shower room, and bedroom. The property is situated in a highly sought-after area, making it an attractive investment opportunity for those looking to capitalize on the growing rental market.