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Mayles Road, Southsea, PO4

South East

£260,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1025 sqft

Description

This end-of-terrace property on Mayles Road in Southsea stands as an exceptional opportunity for renovation enthusiasts and investors alike. Offering a complete modernization project, the home serves as a blank canvas ready for a transformative touch. The entrance porch leads into a central hallway that branches out to several inviting ground-floor spaces. The front-facing lounge features a traditional bay window that floods the room with light and includes a fitted gas fireplace, adding character to the space. Adjacent to this is an adaptable second reception room with its own gas fire and direct access to the conservatory, enhancing indoor-outdoor flow. Towards the rear of the property lies a dining area that connects seamlessly to the kitchen, which is equipped with wall and floor units and provides side access to the conservatory. This versatile area serves as a bridge between the interior living space and the private rear garden, which overlooks serene woodland—a valuable feature for those looking to establish an outdoor retreat. On the first floor, there are three bedrooms: two generously-sized doubles and a single that currently accommodates the boiler. These rooms share a traditional three-piece bathroom suite, while throughout the home, double glazing and gas central heating are already installed. The enclosed garden further enhances this property's appeal by offering privacy and potential for landscaping or outdoor activities—ideal for families or recreational purposes. Location-wise, residents benefit from excellent transport links alongside a vibrant local culture that includes shopping and dining options at nearby Gunwharf Quays and Cascades Shopping Centre. Access to reputable schools adds to its family-friendly appeal, making it an attractive prospect for both private buyers and developers looking to add value through renovation.

Investment Analysis

(PO4 area)

Below Market Value

This property is priced -17.6% below area average per sq ft

-17.6%
Potential saving
This Property
£254/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£376
Avg Yield
7.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£347,157
10% above area average per sq ft
Potential ROI
+8.5%
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

Mayles Road, Southsea, PO4
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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
£938
Based on a loan of £195,000 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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