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Grafton Street, Portsmouth

South East

£240,000
Listed on 18/08/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1131 sqft

Description

This mid-terrace property in Portsmouth presents an exciting opportunity for buyers looking to invest or those eager to make a home their own. Offering three well-sized bedrooms, this residence covers a spacious 1,130 square feet, providing ample room for families seeking comfort or investors aiming for rental potential. The layout includes a family bathroom along with a convenient downstairs toilet, which enhances usability during busy mornings or gatherings. While the interior shows signs of wear and could benefit from modern updates, this presents an ideal canvas for renovation enthusiasts to infuse their personal style and vision. A notable feature of this property is its generous parking capacity, accommodating up to four vehicles—a significant advantage in this central location. This accessible parking is particularly beneficial for families with multiple vehicles or those who frequently entertain visitors. Situated on Grafton Street, residents will enjoy proximity to essential amenities including local schools and transportation options. The ease of access to major transport links makes commuting straightforward, appealing both to families and professionals alike. In summary, this property not only offers three bedrooms and two bathrooms but also serves as a promising investment opportunity with its renovation potential. Its central location and ample parking further enhance its appeal for first-time buyers and seasoned investors looking to capitalize on the Portsmouth market.

Investment Analysis

(PO2 area)

Below Market Value

This property is priced -16.1% below area average per sq ft

-16.1%
Potential saving
This Property
£212/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£274
Avg Yield
5.7%

Renovation Potential

Est. Renovation Cost
£24,000 - £60,000
10-25% of property value
Target Value
£314,508
10% above area average per sq ft
Potential ROI
+4.8%
After renovation
Monthly Sales
30
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PO2)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 1.6%
5 year growth: 20.5%
Investment Disclaimer: Analysis based on PO2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Grafton Street, Portsmouth
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