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Byerley Road, Portsmouth

South East

£190,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
648 sqft

Description

This two-bedroom flat-fronted house in Fratton, Portsmouth offers an exciting opportunity for renovation and investment. The property features a generously sized lounge diner that has been opened up to create a flexible area ideal for both relaxation and entertaining. Upstairs, you'll find two well-proportioned bedrooms, each providing ample space for personalization and comfort. The bathroom is conveniently located on the same floor, enhancing functionality for daily living. While the home currently requires modernization, this presents an appealing chance to redesign and update the space according to your personal taste and preferences. The renovations could significantly increase the property's value, making it not only a residence but also a promising investment in this desirable neighborhood. Fratton is recognized for its strong community atmosphere and accessibility to local amenities, making it an attractive place for potential homeowners and renters alike. This property serves as a blank canvas that invites creativity and vision—an ideal setting to craft your dream home or develop a lucrative investment opportunity. With its strategic location combined with significant renovation potential, this house stands out as a compelling option for anyone willing to invest time and effort into transforming it into something exceptional.

Investment Analysis

(PO1 area)

Below Market Value

This property is priced -6.2% below area average per sq ft

-6.2%
Potential saving
This Property
£293/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£309
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£222,786
10% above area average per sq ft
Potential ROI
+3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PO1)

Area prices are falling by +2.4% over the last 12 months
3 year growth: 0.1%
5 year growth: 15.7%
Investment Disclaimer: Analysis based on PO1 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

Byerley Road, 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
£696
Based on a loan of £142,500 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