Percy Road, Southsea PO4 0BH
TO BE SOLD BY PUBLIC AUCTION on the 30th APRIL 2026
(unless sold previously)
GUIDE PRICE: £250,000
Of interest to investors and owner-occupiers: this well-situated VACANT HOUSE ARRANGED AS TWO FLATS, previously let and having a projected return of around £21,000 p.a., equivalent to a gross yield of some 8.5%.
Property Type
Parking
Floor Area
Tenure Type
Council Tax Band
TO BE SOLD BY PUBLIC AUCTION on the 30th APRIL 2026
(unless sold previously)
GUIDE PRICE: £250,000
Of interest to investors and owner-occupiers: this well-situated VACANT HOUSE ARRANGED AS TWO FLATS, previously let and having a projected return of around £21,000 p.a., equivalent to a gross yield of some 8.5%. Percy Road runs from Fawcett Road to Francis Avenue, No. 83 being on the north side a short distance from the junction with Talbot Road. This is a popular and very convenient residential address, a wide range of public amenities being available within a radius of one mile, including: Southsea Town Centre and Seafront, main-line stations, St Mary's Hospital, University Campus, recreation facilities, shops and eateries. This inner-terrace former single family house has brick elevations under a modern tiled roof, the facade incorporating splay bay window and recessed porch. It stands behind a shallow forecourt, whilst to the rear is a walled patio garden, benefitting from pedestrian access via Manners Lane, and where scope exists to create off-street parking (subject to consents). The current layout, as two self-contained flats, is clearly historic, although lacking previous planning approval. Let until recently, the property has been in our clients' hands since 1991 and has been occupied continuously. Both units are presented in fair order, ready for immediate occupation. This opportunity is considered an excellent addition to any investment portfolio, having a lucrative potential yield, or will be of interest to private buyers seeking dual-occupation. Full particulars are given as follows:
RECESSED PORCH
COMMON HALLWAY
GROUND FLOOR FLAT
Hallway
Living Room - 3.51m x 3.18m (11'6" x 10'5")
Inner Lobby
Bedroom - 4.09m x 3.45m (13'5" x 11'4")
Kitchen/Breakfast Room - 3.33m x 3.07m (10'11" x 10'1")
Rear Lobby
Bathroom & W.C. - 2.06m x 1.96m (6'9" x 6'5")
FIRST FLOOR FLAT
Small Landing
Bedroom Two - 3.56m x 2.57m (11'8" x 8'5")
Living Room - 4.5m x 3.15m (14'9" x 10'4")
Kitchen - 4.17m x 1.75m (13'8" x 5'9")
Inner Lobby
Bathroom & W.C. - 2.18m x 2.13m (7'2" x 7'0")
Bedroom One - 3.48m x 3.02m (11'5" x 9'11")
OUTSIDE
REAR: Depth: 20'0 (6.10m) Width: 15'9 (4.80m) Walled patio garden laid to paving and having northerly aspect. Rear pedestrian gate to Manners Lane.
NOTE: other properties with access to Manners Lane benefit from either garaging or car space, it being felt that scope may exist for the creation of off-street parking in the case of No. 83, this being subject to any and all necessary consents.
COUNCIL TAX
First Floor Flat: Band A - £1,453.95 per annum (2025-26).
EPC
First Floor Flat - Energy Rating 'C' (Floor Area 47 sq m approx).
ADDITIONAL AUCTION COSTS
VIEWING
D. M. NESBIT & CO.
(18054/058408)
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