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Devonshire Avenue, Southsea PO4

South East

£145,000
Listed on 05/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

This second-floor apartment presents a significant investment opportunity in Southsea, located within a well-established purpose-built block on Devonshire Avenue. The property boasts an extended lease and is positioned just a short stroll from the vibrant Eastney Road shopping area and Bransbury Park. While the apartment is currently in need of modernisation, this offers prospective buyers a unique chance to create a tailored living space to their taste. The layout includes two bedrooms, a shower room with walk-in shower, a spacious living room filled with natural light, and a kitchen that benefits from a southerly aspect. Notable features include double glazing and electric heating to ensure comfort throughout the year. With no forward chain, this property is an ideal blank canvas for renovation enthusiasts or investors looking to maximise their return in a desirable location.

Investment Analysis

(PO4 area)
Area Average
£312/sq ft
Avg Rent (weekly)
£362
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PO4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +0.3%
5 year growth: +16.1%
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

Devonshire Avenue, Southsea PO4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£514
Based on a loan of £108,750 over 30 years at 3.91% 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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