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Devonshire Avenue, Southsea

South East

£145,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Apartment

Description

This second floor two-bedroom apartment in a purpose-built block on Devonshire Avenue presents an opportunity for investors and homeowners alike. Situated just a short stroll from Eastney Road's shopping facilities and Bransbury Park, this property is being sold with no onward chain. It offers a complete renovation project, allowing for customization to suit your needs or preferences. The layout includes two bedrooms, a shower room equipped with a walk-in cubicle, a bright living room with ample natural light, and a kitchen that boasts a southern orientation. An extended lease will be available upon completion, enhancing its long-term value. Currently featuring double glazing and electric heating, the property’s potential is limited only by your vision. With some modernisation needed throughout, it’s the perfect blank canvas to create your ideal living space.

Investment Analysis

(PO4 area)
Area Average
£312/sq ft
Avg Rent (weekly)
£362
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PO4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +0.3%
5 year growth: +16.1%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£514
Based on a loan of £108,750 over 30 years at 3.91% 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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