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29 Montgomerie Road, Southsea, Hampshire, PO5 1EB - Image 1
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29 Montgomerie Road, Southsea, Hampshire, PO5 1EB

South East

£135,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
1141 sqft

Description

This two-bedroom mid-terraced house offers a promising opportunity for renovation and investment, situated conveniently close to local amenities. The property features three reception rooms on the ground floor, along with a kitchen and an additional workshop space, providing substantial potential for reconfiguration. Upstairs, you'll find two bedrooms and a bathroom/WC. The rear yard adds to the outdoor space available. Currently presented in dated decorative order, this house is ideal for buyers looking to put their own personal touch on it. This property will be offered at auction on July 22nd through a livestream auction held via our website.

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Investment analysis

(PO5 area)

Below Market Value

This property is priced -61.5% below area average per sq ft

-61.5%
Potential saving
This Property
£118/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£385,943
10% above area average per sq ft
Potential ROI
+120.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PO5)

Area prices are rising by +5.9% over the last 12 months
3 year growth: -2.3%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on PO5 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

29 Montgomerie Road, Southsea, Hampshire, PO5 1EB
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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
£510
Based on a loan of £101,250 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

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