Great Southsea Street, Southsea, PO5
CH

Great Southsea Street, Southsea, PO5

By Chinneck Shaw

£ 405,000

Reviews

2 out of 5 stars

Chinneck Shaw says ..

**Two Bedrooms**Southsea**Town House**Garage**Great Southsea Street**

Property Oracle says ..

This two-bedroom terraced house on Great Southsea Street, Southsea, presents a mixed investment opportunity. The property’s location is a key strength, boasting proximity to the vibrant Southsea seafront, local amenities, schools (Portsmouth High School is particularly noteworthy), and railway stations. This makes it attractive for families and those seeking a seaside lifestyle. However, the property is in significant need of renovation. The provided photographs reveal outdated kitchens and bathrooms, requiring complete modernisation. The interior finishes also appear dated and would need attention. While there is a small garden and an outbuilding, both require landscaping and repairs. The property’s list price of £405,000 is potentially above average relative to its current state of repair, even considering its location. Potential buyers will need to factor in substantial renovation costs before assessing its true value. A thorough survey would be essential to identify any structural issues and accurately estimate the cost of renovation and modernization. This would allow for a clearer view of the financial viability of this investment opportunity.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
1,063.47

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
421,780.00 £
Increased by 21.83 %
from 346,205.00 £
Est sale value
599,797.08 £
Increased by 75.70 %
from 341,373.87 £
Average area rental value
1,390.00 £/mo
Decreased by 6.33 %
from 1,484.00 £/mo
Est letting value
1,063.47 £/mo
Unchanged by 0.00 %
from 1,063.47 £/mo
Est rental Yield
3.95 %
Decreased by 23.15 %
from 5.14 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Chinneck Shaw marked this listing as sold.

  • Chinneck Shaw created the listing.

Nearby Schools

NameTypeOfstedDistance
Portsmouth High SchoolOther Independent School0.23 KM
University Of PortsmouthHigher Education Institutions0.59 KM
Cottage Grove Primary SchoolAcademy Converter0.61 KM
St John'S CollegeOther Independent School0.72 KM
St Jude'S Cofe Primary SchoolVoluntary Controlled SchoolGood0.76 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Kent Road £ 000.00 KM
Sussex Road £ 000.00 KM
Castle Close £ 000.00 KM
Regent Place £ 340,00000.00 KM
Worsley Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Portsmouth And Southsea5537PMS0.96 KM
Portsmouth Harbour5540PMH1.82 KM
Fratton5509FTN2.21 KM
Hilsea5539HLS5.69 KM
Cosham5896CSA6.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Southsea, Hampshire £ 725,000BUY8 / 100.03 KM
Castle Road, Southsea £ 350,000BUY6 / 100.07 KM
Bush Street East, Southsea £ 175,000BUYUnknown0.07 KM
Castle Road, Southsea, PO5 £ 450,000BUY7 / 100.08 KM
Castle Road, Southsea £ 545,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
31 Great Southsea Street £ 242,5000.02 KM
22 Great Southsea Street £ 195,0000.02 KM
24 Great Southsea Street £ 210,0000.02 KM
26 Great Southsea Street £ 210,0000.02 KM
19 Great Southsea Street £ 225,0000.02 KM