Chichester Road, Portsmouth

Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1

Agent: Kings Estates - Southsea Phone: 023 9424 9810

<strong></strong> <strong></strong> 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.<br/><br/>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.<br/><br/>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.<br/><br/>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.<br/><br/>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.<br/><br/>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.<br/><br/>Early viewing is highly recommended to fully appreciate the potential this versatile investment has to offer.<br/>