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Essex Road, SOUTHSEA

South East

£319,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-storey mid-terrace house presents a solid opportunity for renovation and investment. While it currently requires significant updating and modernisation, its layout offers versatile living spaces across the three floors. The accommodation includes multiple bedrooms, a bathroom on the first floor, and generous reception areas on the ground floor that could be transformed into an inviting home or rental property. The front and rear gardens provide additional outdoor space which could enhance the property's appeal after refurbishment. Located conveniently near public transport links, shopping amenities, and recreational areas, this property is situated in a desirable area with good potential for value appreciation following modernisation. Note that all services are currently disconnected; prospective buyers should plan to reconnect utilities post-purchase with qualified professionals.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Essex 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
£1,138
Based on a loan of £239,250 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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