Worst House on the Street Logo
Portsmouth - Image 1
Portsmouth - Image 2
Portsmouth - Image 3
Portsmouth - Image 4
Portsmouth - Image 5
Portsmouth - Image 6
Portsmouth - Image 7
Portsmouth - Image 8
Portsmouth - Image 9
Portsmouth - Image 10

Portsmouth

South East

£250,000
Listed on 29/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1066 sqft

Description

This property presents a significant development opportunity in the South East. It comprises a pair of one-bedroom flats on the ground and first floors, alongside a converted double garage that serves as an additional self-contained flat. All units require refurbishment and are currently in poor condition, making this an appealing project for investors or those looking to create multiple rental properties. Each flat has its own private entrance, enhancing their marketability. The property includes front and rear gardens and offers parking for two vehicles. Given its entire freehold status, there is ample potential to add value through thoughtful renovations, catering to the growing demand for quality rental accommodation in the area.

Investment Analysis

(PO6 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£235/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£372,887
10% above area average per sq ft
Potential ROI
+9.7%
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

Portsmouth
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE