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St Augustine Road, Southsea PO4 9AD

South East

£235,000Guide Price

Listed on 06/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
995 sqft

Description

This property presents a valuable opportunity for investors and potential homeowners alike, being offered at auction with a guide price reflecting its renovation needs. Formerly utilized as a four-person HMO, this vacant three-bedroom house is well-located near Southsea Seafront and various local amenities. The structure has remained largely intact but requires some refurbishment to maximize its potential as either a rental investment or a family residence. Featuring essential updates like double-glazing and gas central heating, the property includes an equipped kitchen and a comfortable layout with separate living and dining areas. A manageable patio garden complements the home, making it ideal for outdoor enjoyment. Notably, it remains outside of C3/C4 planning approval but shows strong investment prospects given its previous rental yield of £2,578 per calendar month.

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Investment analysis

(PO4 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£236/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£357
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£333,823
10% above area average per sq ft
Potential ROI
+21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PO4)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -1.1%
5 year growth: +15.4%
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

St Augustine Road, Southsea PO4 9AD
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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
£888
Based on a loan of £176,250 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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