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Milton Road, Portsmouth, PO3

South East

£260,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1066 sqft

Description

This three-bedroom residence, nestled in a desirable neighborhood, presents a promising canvas for those looking to invest or renovate. The property greets you with a paved forecourt leading to a welcoming entrance hallway, setting the stage for further enhancements. Inside, the spacious living room features a charming bay window that floods the area with natural light, creating an inviting atmosphere perfect for relaxation. The adjoining dining room is generously sized, providing ample space for gatherings or family meals. An understairs cupboard adds practicality, offering extra storage solutions—a valuable asset in any home. The kitchen is equipped with sufficient workspace and room for essential appliances, ready to be transformed into a modern culinary space tailored to your needs. At the rear of the property, a sunroom extends your living area and presents pleasant views of the garden while granting direct access to an enclosed outdoor space. This garden, currently laid out with paving, decking, and lawn areas, holds excellent potential for landscaping upgrades or personalized outdoor entertainment options. On the upper level, you'll find a contemporary tiled bathroom featuring a shower over the bath. The layout includes two double bedrooms and a single bedroom at the rear; both double rooms offer good storage solutions while the main bedroom enjoys the benefit of another bay window. Although some updating is needed throughout, this home offers extensive renovation potential that allows you to create your ideal living environment. Its prime location near well-regarded schools, parks, and reliable public transport links enhances its attractiveness as both a comfortable residence and an investment opportunity in a thriving community. This property comes with freehold tenure and falls under Council Tax Band C. It benefits from mains electricity and gas heating along with water supply from mains services. High-speed broadband options are available in this locality, catering to modern connectivity needs. On-street parking is accessible while being located in an area assessed as having low flood risk further adds peace of mind for potential homeowners or investors alike.

Investment Analysis

(PO3 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£244/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£294
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£345,507
10% above area average per sq ft
Potential ROI
+15.2%
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
30%
Properties sold annually

Local Market Trend (PO3)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 7.5%
5 year growth: 21.3%
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

Milton Road, Portsmouth, PO3
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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
£952
Based on a loan of £195,000 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