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Essex Road, SOUTHSEA

South East

£328,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This freehold mid-terrace house, spanning three floors, presents a solid investment opportunity for those looking to undertake a renovation project. Located near the junction of Essex Road and Clovelly Road, this property is conveniently situated with accessible public transport options such as Fratton Railway Station nearby. The local area boasts a variety of shopping facilities and recreational spaces, including Bransbury and Milton Parks, alongside attractions by the seaside. The accommodation comprises two rooms on the second floor, three bedrooms and a bathroom/WC on the first floor, and reception and dining areas with a kitchen on the ground floor. Additionally, both front and rear gardens provide outdoor space for potential landscaping or expansion. It is important to note that all services to the property are presently disconnected. Therefore, any buyer should be prepared to arrange for reconnection by qualified professionals following completion. This house is ideal for those seeking a restoration project in an area ripe with potential.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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

Essex Road, 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
£1,162
Based on a loan of £246,000 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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