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Devonshire Avenue, Southsea

South East

£300,000
Listed on 13/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1446 sqft

Description

Nestled in a sought-after area of PO4, this expansive three-bedroom property on Devonshire Avenue presents an exciting opportunity for renovation enthusiasts or investors. The home features distinct architectural charm with its double bay front and forecourt, serving as an ideal foundation to transform into a modern family residence. While it requires some updating, the existing layout offers a spacious living environment that can be tailored to individual tastes. The ground floor comprises a bright living room accentuated by a large bay window and a traditional fireplace, alongside a second reception currently designated as a dining space. The kitchen is generously sized and includes a separate utility area, complemented by the practicality of a downstairs W.C. Ascending to the upper level reveals three ample bedrooms complete with built-in wardrobes, along with a fitted bathroom and an additional W.C. Furthermore, there is access to a versatile basement that could serve multiple functions. Outdoors, the south-facing rear garden provides potential for landscaping or outdoor entertainment solutions under the sun. This property comes with no forward chain, making it an appealing canvas for those looking to inject their personal touch into a spacious home brimming with character in the prime location of Southsea.

Investment Analysis

(PO4 area)

Below Market Value

This property is priced -32.8% below area average per sq ft

-32.8%
Potential saving
This Property
£207/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£371
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£491,177
10% above area average per sq ft
Potential ROI
+36.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (PO4)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +0.1%
5 year growth: +17.2%
Investment Disclaimer: Analysis based on PO4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Devonshire Avenue, Southsea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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