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Lichfield Road, Portsmouth, PO3

South East

£290,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
947 sqft

Description

This well-positioned three-bedroom family residence offers substantial renovation potential, especially with existing planning permission for a loft conversion that could enhance the overall living space. Upon entry, you'll find a welcoming hallway with practical understairs storage leading to a spacious living room featuring a characterful fireplace, generous ceiling height, and a bay window that enhances natural light. The adjacent dining room is conducive to entertaining and conveniently connects to a sunroom that currently serves as storage. This sunroom presents an excellent opportunity for transformation into an additional lounge or play area with lovely garden views. On the upper level, two sizable double bedrooms provide good storage solutions, with the main bedroom benefiting from another bay window. The third bedroom serves well as a child’s room, guest space, or home office. A functional bathroom with shower-over-bath completes this floor. The rear garden is enclosed and mainly laid to lawn, featuring both a paved terrace and additional seating area—ideal for outdoor gatherings. Located close to Tamworth Park and boasting excellent transport links, this property invites modernisation efforts that would allow prospective buyers to truly make it their own.

Investment Analysis

(PO3 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£306/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£298
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£302,874
10% above area average per sq ft
Potential ROI
-8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PO3)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +7.0%
5 year growth: +17.4%
Investment Disclaimer: Analysis based on PO3 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

Lichfield Road, Portsmouth, PO3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,035
Based on a loan of £217,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-3.3% since listed
£290,000£10,000(-3.3%)
07/05/2026
Current price
£300,000Initial listing
15/09/2025

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