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Methuen Road, Southsea

South East

£220,000
Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced home presents an intriguing opportunity in a sought-after area of PO4, ideal for first-time buyers or families looking to create their perfect living space. While the property does require some updating, its layout and characteristics provide a solid foundation for modernization and personal touches. With no forward chain, this home offers a straightforward path to ownership. Located on Methuen Road in Southsea, this residence features two distinct reception areas, allowing for versatile usage—whether you envision a dining room, extra lounge area, or a workspace to suit your lifestyle needs. At the rear is a kitchen that leads out to the garden, providing great potential for redesigning into an open-plan layout. Upstairs are two generously sized bedrooms, with the master benefiting from built-in wardrobes that maximize storage options. A fitted shower room completes the upper level's accommodation. The outdoor space consists of a manageable south-facing rear garden, perfectly positioned for sun exposure during the day and complete with rear access. Overall, this property holds significant renovation potential to transform it into a contemporary home that reflects your personal style. We recommend scheduling an internal viewing to fully grasp the possibilities that await.

Investment Analysis

(PO4 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£339
Avg Yield
6.3%

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: 0.0%
5 year growth: +16.7%
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

Methuen Road, Southsea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£785
Based on a loan of £165,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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