74 Shearer Road, Portsmouth, Hampshire, PO1 5LP

Established Two-Bedroom Buy-to-Let Investment Producing £13,080 Per AnnumGuide Price £120,000 - £170,000*Buyers Premium Applies

For sale by online auction. To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

Town & Country Property Auctions are delighted to offer For Sale by Public Auction this well-presented Two-Bedroom Terraced House, situated in Shearer Road, Portsmouth.

The accommodation comprises two bedrooms, a first-floor bathroom and a spacious double-aspect open-plan lounge/kitchen. The property also benefits from a front forecourt.

Currently let at £1,095 per calendar month (£13,140 per annum), the property represents an excellent opportunity for investors seeking an established buy-to-let investment with immediate rental income.

The property is conveniently positioned for Portsmouth city centre, Gunwharf Quays, Portsmouth & Southsea railway station and a range of local shops, amenities and transport links, with the surrounding area benefiting from strong rental demand from tenants and professionals.

An excellent opportunity to acquire an established income-producing investment with a tenancy already in place.

The property will be entered into our 25th November 2026 auction which is held online and starts at 8am. You must register to bid and download the legal pack.

PROPERTY FEATURES . Number of Bedrooms: 2 . Reception Rooms: 1 . Council Tax Band: B . Market Value: £225,000 . 28 Day Completion . Currently Let at £1,095 PCM . Annual Rental Income of £13,140 . Spacious Double-Aspect Open-Plan Lounge/Kitchen . First-Floor Bathroom & Front Forecourt

TENANCY INFORMATION . Tenancy Term: Periodic Monthly Tenancy, Subject to Two Months' Notice . Tenancy Start Date: 23rd October 2026 . Tenancy Type: Assured Periodic Tenancy . Are the Tenants in Arrears: No

VIEWING ARRANGEMENTS We will be holding viewing slots, please call us on . The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) and a 5%+VAT (subject to a minimum of £7,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.