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Outram Road, Southsea

South East

£575,000
Listed on 13/11/2025

Property Details

Bedrooms
7
Type
Terraced house

Description

This semi-detached property presents a significant opportunity for renovation and investment, situated on the sought-after Outram Road. Currently configured as four self-contained flats—three spacious two-bedroom units and one well-sized one-bedroom unit—the layout offers a balanced blend of living spaces ideal for rental purposes or personal use. The property features a total of seven bedrooms across these flats, with two currently tenanted under periodic agreements, providing immediate rental income. The other two flats will be delivered vacant, paving the way for potential refurbishment or re-letting to maximize returns. Investors may consider modernizing the existing structure or reconfiguring it entirely, tapping into its value-add potential. Located in a prime area, this residence is conveniently close to transport links, shopping centers, schools, and various local amenities. This accessibility enhances both its appeal to tenants and its long-term investment value. The absence of a forward chain also allows for a straightforward purchase process. With the possibility of converting the property into a large family home or exploring options for Houses in Multiple Occupation (HMO) subject to planning permissions, this property stands out as an adaptable investment. Whether you are expanding your portfolio or looking to establish a new venture in real estate, this property offers ample flexibility and growth potential.

Investment Analysis

(PO5 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£368
Avg Yield
7.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO5)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -9.2%
5 year growth: 5.8%
Investment Disclaimer: Analysis based on PO5 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

Outram Road, Southsea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,106
Based on a loan of £431,250 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE