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Binness Way, Portsmouth, Hampshire

South East

£250,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house in a sought-after area of Portsmouth presents an excellent opportunity for savvy buyers, particularly investors and families looking to customize their space. Offering generous room sizes and a recently updated shower room (2025), the property features a practical open-plan layout that enhances its living area. With double glazing and relatively new gas central heating system (installed 7 years ago with regular servicing), the essential infrastructure is sound. However, some cosmetic updates are needed throughout, providing potential for enhancement and value addition. The location is advantageous, with local schools, shops, and transport links nearby, making it a strategic choice for those seeking flexibility in their housing solution.

Investment Analysis

(PO6 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.4%

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
27
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (PO6)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -1.0%
5 year growth: +13.4%
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

Binness Way, Portsmouth, Hampshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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