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Pitreavie Road, Portsmouth

South East

£320,000
Listed on 22/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
968 sqft

Description

This semi-detached property offers a solid foundation for renovation, making it an appealing opportunity for those looking to invest in a family home with great potential. Located within the established Highbury Estate, the property is positioned favorably for access to local amenities, schools, and transport links. The layout includes two spacious reception rooms on the ground floor, providing ample space for living and dining. A fitted kitchen leads to a sunroom that overlooks a west-facing garden, allowing for plenty of natural light and outdoor enjoyment. Additionally, there's a convenient shower room on this level. Upstairs, the property features three well-proportioned bedrooms along with a modern bathroom suite, adding to the home's functionality. While the interiors require updating, this presents an ideal canvas for buyers interested in personalizing their space or increasing its value through thoughtful renovations. With no forward chain and vacant possession, this property is ready for immediate engagement. The presence of a garage and shared driveway further enhances its appeal for families requiring additional storage or parking options. Overall, this home represents not just a residential opportunity but also a chance to create lasting value in a desirable neighborhood.

Investment Analysis

(PO6 area)

Above Market Value

This property is priced +4.0% above area average per sq ft

+4.0%
This Property
£331/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£338,606
10% above area average per sq ft
Potential ROI
-5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PO6)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.6%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on PO6 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

Pitreavie 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
£1,172
Based on a loan of £240,000 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