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Telephone Road, Southsea PO4 0AX

South East

£220,000Guide Price

Listed on 10/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom property presents an excellent opportunity for both investors and owner-occupiers looking to make their mark. Located in a desirable part of Southsea, the home is equipped with gas central heating and modern double glazing, yet it is in need of some refurbishment to unlock its full potential. The property's layout includes a spacious living room, dining room, and a central kitchen that could benefit from updates. The first floor features three well-sized bedrooms and a wet room which also requires attention. Outside, there is a manageable garden area at the rear, perfect for private outdoor space. With its prime location just over a mile from Southsea Town Centre and close to various amenities such as schools and parks, this property represents an appealing blank canvas. Offered at auction with a competitive guide price, it holds promising prospects for rental income or personal enjoyment upon completion of the necessary updates.

Investment analysis

(PO4 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£357
Avg Yield
6.7%

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
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

Telephone Road, Southsea PO4 0AX
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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
£831
Based on a loan of £165,000 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

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