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Gruneisen Road, Portsmouth, Hampshire

South East

£175,000
Listed on 29/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
830 sqft

Description

This two-bedroom terraced house in Stamshaw presents a promising opportunity for investors and developers seeking a renovation project. Featuring two reception rooms, a loft space, and an upstairs bathroom, the layout offers versatility to transform this property into a desirable family home or a rental asset. The rear garden includes a brick-built shed, adding to the potential for outdoor enhancements.<br><br>Situated in a well-connected residential area with local amenities and schools nearby, this property is an ideal choice for cash buyers ready to invest in modernisation efforts. The property requires considerable work but holds significant potential for those willing to undertake the challenge. Viewing is recommended to appreciate the full scope of what this home can become.

Investment Analysis

(PO2 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£211/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£272
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£230,578
10% above area average per sq ft
Potential ROI
+4.8%
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

Gruneisen 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
£641
Based on a loan of £131,250 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.

Next Steps

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