3-bedroom terraced house · PO4 8QG
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**OFFERED VIA AUCTION** No Forward Chain | Three Bedrooms | Two Parking Spaces | Peaceful Cul-de-Sac Location Offered to the market with no forward chain, this three-bedroom end-of-terrace home presents an exciting opportunity for buyers looking to create a property tailored to their own tastes.
Having recently passed through probate, the home would benefit from modernisation, with much of the décor dating back to the 1980s, however it has been well cared for, remains structurally sound and is in good overall repair.
The accommodation offers generously proportioned living space, while externally the property benefits from a private patio garden complete with shed, a front lawn and a further area of lawn adjacent to the two allocated parking spaces.
Positioned within a quiet and peaceful cul-de-sac, the home enjoys a pleasant setting with minimal passing traffic.
Tern Walk is conveniently located in Southsea, providing easy access to local shops, schools and transport links.
The popular seafront, Eastney waterfront, Milton Common and a range of cafés, pubs and recreational facilities are all within easy reach, making this an ideal location for families, first-time buyers or investors alike.
A rare opportunity to acquire a well-built home in a sought-after and tranquil Southsea location with excellent potential for improvement.
Auction Terms - Viewings: These can be booked as normal, prior to the auction closing, however, we would advise that you view in good time before hand, where your interest would then be noted and legal packs made available.
Finance your purchase: If you require advice on how to finance a purchase through auction, please contact us in branch.We specialise in mortgages, specialist finance and bridging finance to meet the terms to complete inside auction timelines via our brokerage, RBM Solutions, which is whole of market.
Bidding online: Register, make an offer and bid online or call us to receive a link to the live auction listing.
Offers can be made on a property at any time before the end of the auction via the website.
The seller can choose to accept an offer at any time before or during an auction cycle, should they so wish, ending the auction immediately. All auction terms and conditions still apply.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Tern Walk, Southsea
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