2-bedroom terraced house · PO4 0LE
Sold STCListed 30 daysAuction 20 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD BY PUBLIC AUCTION on the 20th OCTOBER 2026 at The Queens Hotel, Southsea. GUIDE PRICE: £175,000-£180,000.
Of interest to builders and investors in particular: the well-situated TWO BEDROOM (formerly 3) PROPERTY with large upstairs bathroom, replacement double-glazing, gas central heating and easterly garden; NOW REQUIRING GENERAL MODERNISATION.
Fawcett Road runs from Fratton Bridge to Albert Road, No. 351 being on the east side and just north of the junction with Wyndcliffe Road.
This predominately residential location is some half a mile only from The Seafront and within comfortable reach of the wide-ranging public amenities provided by Central Southsea.
This inner-terrace house has brick and rendered elevations under a modern tiled roof, the facade incorporating enclosed porch and square bay window.
It stands behind a shallow forecourt, whilst to the rear is an average-sized garden with walled surround.
As stated, this opportunity will now reward a programme of repair and refurbishment, upon completion of which lending itself to re-sale or lucrative letting (with a projected rental return of around £1,300 p.c.m.).
Full details are as follows: UPVC front door to: LOBBY Part-glazed inner door to: THROUGH LOUNGE/DINING ROOM UPVC replacement double-glazing to square bay window. Two double panel radiators.
Coved, textured Artex ceiling. Stairs to first floor. Doorway to: INNER HALL CLOAKROOM & W.C. Handbasin, low flush w.c. UPVC replacement obscure double-glazed window to side elevation.
KITCHEN - 3.96m x 2.44m (13'0" x 8'0") Fitted and equipped. Double-glazed window to rear elevation. 'Worcester' gas fired central heating boiler. Double-glazed door to garden.
FIRST FLOOR LANDING Access to LOFT SPACE. BEDROOM ONE (Front, double). Double-glazed window. Single panel radiator. BEDROOM TWO (Middle, double). Double-glazed window to rear elevation.
Single panel radiator. LARGE BATHROOM & W.C. (Being the former 3rd Bedroom). White suite comprising: panelled bath, handbasin, low flush w.c. Obscure double-glazed window to rear elevation.
OUTSIDE FRONT: Shallow forecourt. REAR: Average-sized garden with walled surround and easterly aspect. COUNCIL TAX Band 'B' - £1,782.44 p.a. (2026/27).
EPC Energy Rating 'D' (Floor Area 97 sq m approx). VIEWING By appointment with SOLE AGENTS, D. M. NESBIT & CO.
(18045/064431) ADDITIONAL AUCTION COSTS A Buyer's Premium of £600 + V.A.T., will be payable by the purchaser to the Auctioneers.
An Auction Legal Pack (including Contract of Sale and Special Conditions) will be prepared by the Seller's Solicitors and available for inspection.
Bidders are advised to make themselves aware of the content of the Legal Pack, containing, as it will, information in respect of any other charges that may apply (Search Fees and/or Seller's legal costs for example).
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About Fawcett Road, Southsea PO4 0LE
Explore nearby