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South East
£185,000
Listed on 28/08/2026
Listed on 28/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £185,000, this two-bedroom Southsea terrace is attractively priced at about £245 per sq ft, below the local average, giving a project buyer a lower-cost entry point. Its two reception rooms, period features and double-glazed windows offer a useful base, while the dated kitchen and bathroom, worn flooring and damaged finishes create scope to refresh the house and reclaim the overgrown courtyard.
The overall score is still weak because the economics look tight: purchase plus the £42,000–£76,000 renovation range puts the midpoint all-in cost above the local average-value benchmark, before fees. The visible work is a substantial programme rather than a cosmetic tidy-up, so the opportunity depends on managing the budget and achieving value beyond that benchmark.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
Pricing
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