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Walden Road, Portsmouth

South East

£150,000
Listed on 27/05/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced home presents a unique opportunity for those looking to invest in a property with considerable renovation potential. Situated in the Stamshaw area, it offers a solid foundation for transforming a traditional layout into a modern living space. Inside, the property features two distinct reception rooms, providing versatile options for dining and entertaining. The lounge is enhanced by a double-glazed bay window that invites natural light, while the dining room offers direct access to the kitchen. The kitchen itself comes equipped with basic wall and base units and has space allocated for appliances, offering an ample canvas for updates. Both bedrooms are generously sized, with large windows that ensure each space remains bright and airy. The property's bathroom includes essential amenities such as a corner bath, W/C, and wash hand basin, along with potential for modern upgrades. The rear garden is enclosed and consists of both shingle and paved areas, presenting an opportunity for landscaping or outdoor enhancements. Located in an area that showcases community aspects along with local conveniences, this home is conveniently positioned near transport links and essential amenities. Its need for modernization makes it particularly appealing to investors or first-time buyers looking to create their ideal residence. This property stands out not only due to its structural potential but also because of its location's investment viability, making it an excellent prospect for those willing to engage in renovations tailored to contemporary tastes.

Investment Analysis

(PO2 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£272
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PO2)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -1.2%
5 year growth: 19.0%
Investment Disclaimer: Analysis based on PO2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Walden Road, Portsmouth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE