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Powerscourt Road, Portsmouth, Hampshire

South East

£270,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1063 sqft

Description

This two-bedroom terraced house on Powerscourt Road presents a unique opportunity for those looking to invest or undertake a renovation project. While the property requires modernization, it boasts ample space and potential for customization to suit contemporary living standards. The ground floor features a spacious lounge and a separate dining room, providing flexibility in how you choose to use these areas. The kitchen grants access to an enclosed rear garden, perfect for outdoor entertaining or gardening enthusiasts. On the upper level, you'll find two double bedrooms, complemented by a walk-in shower room with a bath and a separate W/C. Notably, the property is equipped with gas central heating and is partially double glazed. Additionally, there is a basement that runs the full length of the house, offering further possibilities for conversion or storage—an appealing aspect for those keen on maximizing usable space. Located within the catchment area for Pembridge Junior School and Portsmouth Academy, this home benefits from its proximity to educational facilities. The convenience of being within walking distance to Fratton train station enhances accessibility for commuters traveling in and out of the city. This property not only offers immediate living space but also significant renovation potential that could add considerable value over time. It stands out as a promising investment in a desirable neighborhood. Viewing is encouraged to fully appreciate what this property has to offer.

Investment Analysis

(PO2 area)

Above Market Value

This property is priced +0.6% above area average per sq ft

+0.6%
This Property
£254/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£272
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£295,307
10% above area average per sq ft
Potential ROI
-6.3%
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

Powerscourt Road, Portsmouth, Hampshire
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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
£989
Based on a loan of £202,500 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