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Jessie Road, Southsea, Hampshire

South East

£230,000

Listed on 10/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced

Description

This terraced house presents a promising opportunity for renovation, ideally suited for families looking to create their perfect home. The property features versatile accommodation, including a lounge, family room, and a dining area, all of which could benefit from modernisation. The kitchen is functional but would greatly enhance the living experience with updates. Upstairs, two well-proportioned bedrooms and a study provide ample space for family living or a home office. The bathroom and separate toilet are also in need of refurbishment. A good-sized rear garden offers potential for outdoor enhancement, making it a valuable asset. Located centrally in Southsea, this property enjoys proximity to local shops and transport links, ensuring convenience for daily living. Offered with no forward chain, this home invites you to explore its full potential.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

56out of 100
Grade DWeak opportunity

Confidence: LOW

This terraced house presents a solid renovation opportunity in a desirable central Southsea location. With an asking price of £230,000, it is positioned below the local average, making it an attractive prospect for those looking to invest in a property that requires significant refurbishment. The interiors reflect a dated style, with wear and outdated decor visible throughout the living spaces and bedrooms. The kitchen and bathroom also show signs of age, providing a clear canvas for modernization.

The property features a good-sized rear garden that has potential for enhancement, which could significantly increase the appeal and value of the home. Although the project scale is deemed light/typical, prospective buyers should be prepared for a renovation budget in the range of £40,000 to £80,000. This investment could transform the property into an ideal family home, capitalizing on its versatile accommodation and prime location. Overall, while the property requires work, it offers a pathway to create a desirable living space in a sought-after area.

Key opportunities

  • Potential for garden enhancement to create an inviting outdoor space.
  • Versatile accommodation allows for various living arrangements, including a home office.
  • Opportunity to modernize dated interiors to increase property value.

Key risks

  • Significant refurbishment needed throughout the property.

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Map

Location

Jessie Road, Southsea, Hampshire
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£869
Based on a loan of £172,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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