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Knox Road, Portsmouth, Hampshire, PO2

South East

£180,000
Listed on 08/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
838 sqft

Description

This two-bedroom mid-terraced house is situated in the central area of Stamshaw, presenting a unique opportunity for those looking to invest in a renovation project. While the property requires comprehensive modernization, it holds significant potential for creating a personalized living space that caters to contemporary tastes. Upon entering, the ground floor features a spacious lounge with a period bay window that invites natural light and offers a cozy atmosphere. The dining room is conveniently positioned adjacent to the kitchen, providing an ideal layout for entertaining or family gatherings. At the back of the house, there is a bathroom that could be reimagined as part of your renovation plans. The first floor includes two generously-sized double bedrooms, both offering ample space and flexibility for various configurations—whether you envision guest rooms, home offices, or children's spaces. Additionally, the enclosed rear garden provides room for landscaping or outdoor improvements, while the front area includes a charming bay and forecourt. Located within close proximity to North End High Street, residents will benefit from easy access to an array of shops, cafes, and restaurants. The property is also near local schools and transport links, making it convenient for commuting and daily activities. This house is not only an opportunity to create your ideal home but also represents a sound investment in an area poised for growth due to its vibrant community and accessibility to Portsmouth's amenities. With schools and universities nearby and excellent transport connections—including direct rail services to London—this property could appeal to families as well as professionals seeking urban convenience alongside coastal charm. In summary, this property’s renovation potential combined with its prime location makes it an appealing option for those looking to add value through thoughtful updates and improvements.

Investment Analysis

(PO2 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£215/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£272
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£232,801
10% above area average per sq ft
Potential ROI
-3.0%
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

Knox Road, Portsmouth, Hampshire, PO2
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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
£659
Based on a loan of £135,000 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