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Raymond Road, Portsmouth

South East

£230,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
984 sqft

Description

This three-bedroom property on Raymond Road presents an exciting opportunity for those looking to invest in a home that they can personalise. Offered with no onward chain, the house features a welcoming hallway leading to a spacious lounge/diner, complete with convenient access to a W/C. The extended fitted kitchen is functional, and the lean-to provides direct access to the generously sized, low-maintenance garden—ideal for outdoor projects or landscaping enhancements. Upstairs, there are two well-proportioned double bedrooms, one single bedroom, and a four-piece bathroom, all of which could benefit from modernisation or cosmetic upgrades. With potential for both renovation and personal touches throughout, this property is perfect for buyers wanting to create their ideal living space.

Investment Analysis

(PO6 area)

Below Market Value

This property is priced -26.5% below area average per sq ft

-26.5%
Potential saving
This Property
£234/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£344,203
10% above area average per sq ft
Potential ROI
+27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PO6)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.6%
5 year growth: 14.8%
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

Raymond 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
£843
Based on a loan of £172,500 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