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Albert Road, Southsea PO5 - Image 1
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Albert Road, Southsea PO5

South East

£270,000
Listed on 28/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1620 sqft

Description

This freehold property presents a unique investment opportunity, featuring a three-storey maisonette paired with a ground-floor commercial unit. The maisonette boasts its own private entrance and offers flexible living space spread across three floors. On the ground floor, there is a bedroom plus an adjoining smaller room equipped with a wash basin and separate W/C, alongside a kitchen/workshop area that leads to a rear courtyard garden and multiple storage options. The first floor includes a generously sized bathroom, additional storage, and a spacious second bedroom. The open-plan living area integrates seamlessly with the kitchen and has access to a balcony that overlooks Albert Road, providing lively views of this well-connected street. The second floor features the third bedroom along with a utility space. While the residential section requires modernisation, it holds significant potential for renovation to increase its value, with estimated rental yields around £16,800 annually post-refurbishment. The commercial unit operates as a hairdressing salon and is currently leased out, generating an expected income of approximately £10,000 per annum. Altogether, these properties could yield an attractive combined income of about £26,800 per year. Set in a high-traffic area, this mixed-use asset embodies excellent potential for enhancement and profitability.

Investment Analysis

(PO5 area)

Below Market Value

This property is priced -45.5% below area average per sq ft

-45.5%
Potential saving
This Property
£167/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£325
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£545,381
10% above area average per sq ft
Potential ROI
+65.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PO5)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -10.1%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on PO5 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

Albert Road, Southsea PO5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 over 30 years at 4.06% 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.

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