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Northern Parade, Portsmouth

South East

£280,000
Listed on 27/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
903 sqft

Description

This well-located terraced house in Portsmouth offers a promising opportunity for renovation and investment. Featuring three generously sized bedrooms and a functional family bathroom, this property is ideal for family living or those seeking extra space. Built in the post-war era, it retains unique character and warmth that can be enhanced with modern touches. Upon entering, you are welcomed by an entrance hall leading to a handy downstairs w/c. The impressive lounge/diner spans nearly 24 feet, providing an excellent space for relaxation or entertaining guests, complete with doors that open to the garden for an inviting indoor-outdoor flow. The kitchen, while currently modest in style, presents significant potential for updates according to contemporary tastes. The upper floor comprises three comfortable bedrooms alongside a family bathroom. Although the home has been maintained over time, it requires some modernisation throughout, offering buyers the chance to tailor it to their personal preferences. Additionally, the garage at the end of the south-facing garden adds practical storage options or could be converted for other uses. This property presents a remarkable opportunity for buyers looking to transform a charming house into their dream home within a sought-after area of Portsmouth.

Investment Analysis

(PO2 area)

Above Market Value

This property is priced +22.8% above area average per sq ft

+22.8%
This Property
£310/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£272
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£250,858
10% above area average per sq ft
Potential ROI
-20.4%
After renovation
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

Northern Parade, 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
£1,026
Based on a loan of £210,000 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