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St. James Way, Portchester

South East

£294,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a valuable opportunity for renovation and investment. Situated in a location that balances residential tranquility with convenient access to local amenities, this property has great potential for those looking to make their mark. The ground floor features an open-plan lounge and dining area, creating a versatile space that can be tailored to modern living preferences. The kitchen, which overlooks the rear garden, offers a practical layout perfect for reimagining into a contemporary culinary space. This area is ripe for updates that could elevate both functionality and aesthetics. Upstairs, the property boasts three well-proportioned bedrooms, providing ample space for family living or guest accommodation. The bathroom, though currently basic, invites creative redesign and modernization to enhance comfort and style. Externally, the home benefits from on-road parking and includes a garage—a significant asset in urban settings. The west-facing garden offers not only outdoor space but also the potential for landscaping or even an extension (subject to planning permissions) to fully utilize this outdoor area. With no onward chain, this property stands ready for a new owner eager to invest in its future. Whether you envision a complete renovation or gradual improvements over time, this home is an excellent canvas for personal expression and financial growth.

Investment Analysis

(PO16 area)
Area Average
£346/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PO16)

Area prices are rising by +6.0% over the last 12 months
3 year growth: 5.1%
5 year growth: 16.6%
Investment Disclaimer: Analysis based on PO16 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

St. James Way, Portchester
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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
£1,077
Based on a loan of £220,500 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.

Next Steps

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