Western Parade, Southsea
South East
£160,000
Listed on 18/09/2026
Listed on 18/09/2026
The listing
Property details
Bedrooms
2Type
ApartmentArea
670 sqftDescription
Fox & Sons in Southsea presents this vacant two-bedroom first-floor flat, set close to Southsea Seafront with views across the common. The accommodation includes a lounge, separate kitchen, two bedrooms and a bathroom. The property is described as needing updating throughout, making it a project for a buyer wishing to modernise the existing layout. Local shops, cafés, restaurants, transport links and the seafront are within easy reach. Lease information and any associated pack costs should be checked with the agent, and the buyer should also allow for the stated anti-money-laundering check fee.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £160,000, this two-bedroom flat is priced well below the local average per square foot, making the asking price a clear acquisition opportunity. Its common views, Southsea seafront setting and vacant possession add appeal, but the overall score is weak because the heavy works leave little margin against the implied current local average value.
Key opportunities
- The separate lounge and kitchen, two-bedroom layout and views across the common provide a useful canvas for a full interior rework and personalisation.
- Replace the dated kitchen and renew worn flooring and damaged finishes to give the flat a more consistent, refreshed feel.
- Vacant possession offers flexibility to start work and shape the property as a coastal home or investment.
Key risks
- Stripped and heavily worn interiors make this a substantial multi-room programme rather than a cosmetic refresh; allow for time and coordination across the kitchen, flooring and wall finishes.
- The asking price is low against local £/sqf, but the economics remain tight: the modelled purchase-plus-works position is close to the implied current local average value, before fees.
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Transport
Nearest stations
Southsea Hoverport
0.3 miles
Train · Southsea
Portsmouth & Southsea Rail Station
0.8 miles
Train · Portsmouth
Portsmouth Harbour Rail Station
0.9 miles
Train · Portsmouth
Fratton Rail Station
1.1 miles
Train · Fratton
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£654
Based on a loan of £120,000 over 30 years at 5.13% 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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