# 2 bedroom terraced house for sale (PO12 4QX)

## Property Details

| Key | Value |
|-----|-------|
| Address | 38 MELVILLE ROAD, GOSPORT, HAMPSHIRE PO12 4QX |
| Price | £185,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £181,000 Jan 2021 |

## Description

SOLD BY DIMON ESTATE AGENTS. An ideal starter home with 2 bedrooms, 2 reception rooms, en-suite, gas central heating, double glazing and parking to the rear.

**Entrance Hall**

PVCu double glazed front door, radiator, laminate flooring.

**Lounge - 13'2" (4.01m) Into Recess x 10'11" (3.33m)**

Fireplace with timber surround and tiled inset, PVCu double glazed window and radiator.

**Dining Room - 11'2" (3.4m) x 11'0" (3.35m) Into Recess**

Tiled fireplace, PVCu double glazed window, radiator, built in dresser to side of chimney breast, laminate flooring, understairs cupboards and recess.

**Kitchen - 9'11" (3.02m) x 7'4" (2.24m)**

1 1/2 bowl sink unit, white fronted wall and base units with worksurface over, gas cooker point, plumbing for washing machine, breakfast bar area, PVCu double glazed window, ceramic tiled floor, tiled splashbacks, tall standing radiator, cooker extractor canopy, wall mounted gas central heating boiler concealed within cupboard.

**Rear Lobby**

With PVCu double glazed door to sideway, ceramic tiled floor.

**Bathroom**

White suite of bath with shower and screen, pedestal hand basin, low level W.C., heated towel rail, 1/2 tiled walls, full tiled to shower area, PVCu double glazed window, ceramic tiled floor.

**ON THE 1ST FLOOR**

**Landing**

Access to loft space with pull down loft ladder.

**Bedroom 1 - 13'2" (4.01m) x 10'9" (3.28m)**

PVCu double glazed window, radiator, built in cupboard.

**En-Suite Shower Room**

White suite of shower cubicle with aqua panel splashbacks, vanity hand basin, W.C., chrome heated towel rail, inset lighting.

**Bedroom 2 - 11'1" (3.38m) Into Recess x 8'9" (2.67m)**

PVCu double glazed window, radiator.

**OUTSIDE**

**Rear Garden**

With paved patio and path, lawn, timber gate leading to car handstanding which is accessed from rear service road.

**Notice**

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

## Property Photos

- ![Photo](/listings/photos/74269221/560015)
- ![Photo](/listings/photos/74269221/560020)
- ![Photo](/listings/photos/74269221/560024)
- ![Photo](/listings/photos/74269221/560031)
- ![Photo](/listings/photos/74269221/560036)
- ![Photo](/listings/photos/74269221/560039)
- ![Photo](/listings/photos/74269221/560042)
- ![Photo](/listings/photos/74269221/560048)
- ![Photo](/listings/photos/74269221/560056)
- ![Photo](/listings/photos/74269221/560063)

## Floorplans

- ![Floorplan 1](/listings/photos/74269221/560067) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/74269221/560071) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 38 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £181,000 | 15/01/2021 | Terraced |
| 38 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £110,000 | 15/08/2014 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 39 FREEMANTLE ROAD, GOSPORT, HAMPSHIRE, PO12 4RD | £227,500 | 08/12/2025 | Terraced |
| 53 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QU | £210,000 | 07/10/2025 | Terraced |
| 201 AVERY LANE, GOSPORT, HAMPSHIRE, PO12 4SW | £280,000 | 01/08/2025 | Terraced |
| [Same street] 26 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £210,000 | 20/06/2025 | Terraced |
| [Same street] 22 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £216,000 | 18/11/2024 | Terraced |
| [Same street] 74 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £214,000 | 19/08/2024 | Terraced |
| 24 WELCH ROAD, GOSPORT, HAMPSHIRE, PO12 4PZ | £245,000 | 09/08/2024 | Terraced |
| [Same street] 54 THE COTTAGE MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £197,000 | 18/07/2024 | Terraced |
| 40 FELIX ROAD, GOSPORT, HAMPSHIRE, PO12 4QZ | £167,000 | 20/12/2023 | Terraced |
| 23 VALE GROVE, ELSON, GOSPORT, HAMPSHIRE, PO12 4PS | £290,000 | 27/10/2023 | Terraced |
| 16 TEWKESBURY AVENUE, GOSPORT, HAMPSHIRE, PO12 4JA | £240,000 | 25/10/2023 | Terraced |
| 21 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QU | £200,000 | 12/10/2023 | Terraced |
| 16 FREEMANTLE ROAD, GOSPORT, HAMPSHIRE, PO12 4RD | £210,000 | 02/10/2023 | Terraced |
| [Same street] 8 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £190,000 | 01/08/2023 | Terraced |
| 38 WELCH ROAD, GOSPORT, HAMPSHIRE, PO12 4PZ | £290,000 | 28/06/2023 | Terraced |
| [Same street] 30 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £200,000 | 19/06/2023 | Terraced |
| 22 TEWKESBURY AVENUE, GOSPORT, HAMPSHIRE, PO12 4JA | £230,000 | 11/05/2023 | Terraced |
| 43 WELCH ROAD, GOSPORT, HAMPSHIRE, PO12 4PY | £305,000 | 28/04/2023 | Terraced |
| 37 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QU | £164,500 | 03/03/2023 | Terraced |
| 23 ALBEMARLE AVENUE, ELSON, GOSPORT, HAMPSHIRE, PO12 4HR | £260,000 | 02/12/2022 | Terraced |
| 46 ALBEMARLE AVENUE, ELSON, GOSPORT, HAMPSHIRE, PO12 4HU | £295,000 | 30/11/2022 | Terraced |
| 7 FELIX ROAD, GOSPORT, HAMPSHIRE, PO12 4QY | £270,000 | 25/11/2022 | Terraced |
| 40 PALMYRA ROAD, GOSPORT, HAMPSHIRE, PO12 4EG | £290,000 | 21/10/2022 | Terraced |
| 85 ROTHESAY ROAD, GOSPORT, HAMPSHIRE, PO12 4PT | £232,000 | 05/10/2022 | Terraced |
| 5 ROTHESAY ROAD, GOSPORT, HAMPSHIRE, PO12 4PT | £270,000 | 14/09/2022 | Terraced |
| 4 GROVE ROAD, GOSPORT, HAMPSHIRE, PO12 4JH | £257,500 | 25/08/2022 | Terraced |
| [Same street] 22 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £200,000 | 20/10/2021 | Terraced |
| [Same street] 50 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £178,000 | 25/08/2021 | Terraced |
| [Same street] 50 MELVILLE ROAD, GOSPORT, HAMPSHIRE, PO12 4QX | £140,000 | 12/07/2021 | Terraced |

**Street average:** £193,889 (9 sales)
**Area average:** £246,675 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £238,684 (75 Terraced, PO12, 2024–2026)
- **Deviation:** -22.5%

## Rental Range

*ONS Price Index of Private Rents (Gosport). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,039/mo
- **Realistic:** £1,154/mo
- **Optimistic:** £1,269/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Portsmouth (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £843/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Alma Street, PO12 | £1,100/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Flat, Coates Road, PO12 | £995/mo | 2 | 1.22 miles | OpenRent |

**Average rent: £1,048/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.57% (weak for cashflow)
- **Max investor price (0.8%):** £131,000
- **Target investor price (1%):** £104,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,048/mo).*

- **Gross yield:** 6.8%
- **Cost-to-rent:** 14.7×
- **Monthly cashflow:** £190/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 13%
- **10y growth:** 29.8%

## House Price Index (HM Land Registry)

*Official index for Gosport; Terraced series; as of March 2026.*

- **1y growth (index):** 0.6%
- **5y growth (index):** 18.4%
- **10y growth (index):** 46.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)