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Victoria Road North, Southsea, Hampshire, PO5

South East

£300,000
Listed on 15/11/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
2785 sqft

Description

This mid-terrace property offers a significant opportunity for renovation and investment, featuring five spacious bedrooms across four levels, including a sizable basement. The layout includes three reception rooms, providing various possibilities for reconfiguration to meet diverse needs—be it as a family residence, a house of multiple occupations (HMO), or as a potential conversion project, dependent on obtaining the necessary planning permissions. While the home is in need of modernization throughout, this serves as an advantage for those looking to personalize and upgrade the space. Transforming this property into a bespoke dwelling allows for creativity and customization tailored to contemporary living standards. The location further enhances its appeal; set on Victoria Road North, residents will benefit from excellent transport links making commuting straightforward. Additionally, local amenities such as shops and schools are conveniently nearby, contributing to the property's attractiveness for families or tenants. Given its substantial size and potential for redevelopment, this property stands out as an intriguing option for investors and developers alike. With ample room for improvement and customization, this could be your next successful project in a thriving area.

Investment Analysis

(PO5 area)

Below Market Value

This property is priced -65.2% below area average per sq ft

-65.2%
Potential saving
This Property
£108/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£368
Avg Yield
7.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£946,928
10% above area average per sq ft
Potential ROI
+136.7%
After renovation
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

Victoria Road North, Southsea, Hampshire, PO5
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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
£1,099
Based on a loan of £225,000 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.

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