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Shearer Road, Fratton

South East

£215,000
Listed on 21/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This generous three-bedroom mid-terrace property is situated in the vibrant area of Fratton, presenting a substantial opportunity for buyers aiming to invest in a transformation project. With a classic layout that includes two reception rooms, a kitchen, and a family bathroom, this home offers the foundation for creating a tailored living space. The upstairs features three decent-sized bedrooms, all ripe for modernization. While the house does require extensive refurbishing to meet contemporary standards, it holds excellent potential for increasing value through renovations. A private rear garden adds to its appeal alongside easy access to local amenities, schools, and transport links, including the nearby Fratton railway station. This property is particularly suited to first-time buyers or investors looking for a rewarding project in a sought-after residential neighbourhood.

Investment Analysis

(PO1 area)
Area Average
£313/sq ft
Avg Rent (weekly)
£309
Avg Yield
6.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Shearer Road, Fratton
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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
£788
Based on a loan of £161,250 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