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Craneswater Avenue, Southsea

South East

£475,000Guide Price

Listed on 10/07/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
1224 sqft

Description

This end-of-terrace property offers a promising canvas for renovation enthusiasts looking to create their ideal home in the coveted Craneswater Mews, conveniently located near Southsea seafront. With no onward chain, this spacious residence is primed for modernization throughout, allowing buyers to customize and enhance their living space to suit individual preferences. The layout spans two floors and includes an entrance porch leading into a welcoming hall with a cloakroom/WC. The generous living/dining area is flooded with natural light from multiple windows and sliding doors that connect seamlessly to the rear garden—a perfect spot for gathering or relaxing. The kitchen, positioned at the back of the home, presents an excellent opportunity for redesign or upgrading, depending on your vision. The first floor comprises three well-proportioned bedrooms and a family bathroom, all of which could benefit from refreshing updates. The principal bedroom features a charming bay window and fitted wardrobes, while the second bedroom also boasts ample space and storage options. Externally, you'll find a private rear garden with established planting that requires minimal upkeep. Double gates provide vehicular access to the garden and garage area, offering potential for off-street parking or additional storage solutions. Furthermore, the front of the property features an enclosed area leading to shared gardens maintained by residents at a small annual fee—adding an appealing community aspect to this desirable location. Overall, this property stands as an exciting investment opportunity for those keen on achieving significant value through refurbishment in a sought-after area.

Investment analysis

(PO4 area)

Above Market Value

This property is priced +27.2% above area average per sq ft

+27.2%
This Property
£388/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£357
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£410,652
10% above area average per sq ft
Potential ROI
-21.8%
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

Craneswater Avenue, Southsea
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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
£1,794
Based on a loan of £356,250 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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