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Strode Road, Portsmouth, Hampshire

South East

£160,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
993 sqft

Description

This three-bedroom mid-terrace property situated in the vibrant area of Stamshaw presents a unique opportunity for renovation and investment. Currently requiring extensive renovations throughout, it offers the potential to be transformed into a modern family home or an attractive rental investment. The layout includes two generous reception rooms, providing ample space for reconfiguration. The kitchen diner is functional, and there is a downstairs wet room, adding convenience to the living arrangements. Additionally, the utility area offers practical space that could be repurposed or expanded during renovations. Outside, the property features a sizable rear garden that holds promise for landscaping or potential extension opportunities, subject to any necessary planning permissions. This outdoor space could become an appealing feature once revitalized. Located in a well-established residential neighborhood, this home benefits from excellent transport links and proximity to local schools and amenities. These community features enhance its attractiveness for future occupants and investors alike. Given its condition, this listing is open to cash buyers only, making it a compelling prospect for those looking to invest in a project with significant upside. Viewings are highly recommended for those interested in exploring the potential this property has to offer.

Investment Analysis

(PO2 area)

Below Market Value

This property is priced -36.2% below area average per sq ft

-36.2%
Potential saving
This Property
£161/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£272
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£275,860
10% above area average per sq ft
Potential ROI
+10.3%
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

Strode 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
£586
Based on a loan of £120,000 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