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Investment Opportunity

South East

£120,000

Listed on 17/06/2026

Property Details

Bedrooms
1
Type
Apartment
Area
522 sqft

Description

This one-bedroom apartment presents a promising investment opportunity located in the desirable area of central Southsea. Situated on the second floor, the unit features a generously sized lounge with a charming bay window, a separate kitchen, a bathroom suite, and a bedroom. Although the property is currently in moderate condition, it possesses significant potential for modernization that could enhance its value. The absence of a forward chain facilitates a straightforward purchase process. A viewing is recommended to fully appreciate its possibilities.

Investment Analysis

(PO4 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£230/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£368
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£174,643
10% above area average per sq ft
Potential ROI
+20.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO4)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -0.2%
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

Investment Opportunity
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% 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

Next Steps

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