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Adair Road, Southsea

South East

£245,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
695 sqft

Description

This terraced house in Eastney presents a rare opportunity for first-time buyers or investors seeking a freehold property with considerable renovation potential. Set away from the main thoroughfare, this home features an open-plan lounge and dining area on the ground floor, leading to a spacious kitchen that overlooks the back garden, perfect for those who appreciate outdoor space. The first floor hosts two bedrooms and a compact shower room, making it suitable for individuals or young couples. While the property is functional, it offers scope for modernization and personal touches, allowing new owners to transform it into their ideal living space. Located conveniently near the seafront and promenade, this property is primed for those looking to inject value through thoughtful refurbishment.

Investment Analysis

(PO4 area)

Above Market Value

This property is priced +14.5% above area average per sq ft

+14.5%
This Property
£353/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£376
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£235,390
10% above area average per sq ft
Potential ROI
-12.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (PO4)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -0.2%
5 year growth: +16.8%
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

Adair Road, 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
£884
Based on a loan of £183,750 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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