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Laburnum Grove, Portsmouth

South East

£220,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1261 sqft

Description

Situated in the appealing Laburnum Grove area of Portsmouth, this four-bedroom house presents a promising opportunity for investors or families looking to create their ideal living space. The property features a spacious lounge that benefits from a bay window, allowing for ample natural light—perfect for redesigning to enhance its welcoming atmosphere. A separate dining room facilitates family gatherings and entertaining, while the lean-to offers additional options for storage or conversion into a play area, providing functional versatility. The ground floor includes a convenient downstairs W.C., adding to the practicality of the layout. The kitchen is well-designed, yet there is potential for modernisation to upgrade its appeal and functionality. Moving to the first floor, discover four generously sized bedrooms that provide substantial room for personalisation and comfort. The family bathroom is centrally located, serving all bedrooms efficiently. This residence not only boasts a favourable layout but also allows for creative renovation possibilities that could significantly enhance its value in this sought-after neighbourhood. This property represents an attractive canvas for those eager to invest in refurbishing and transforming it into a contemporary family home in Portsmouth's friendly community.

Investment Analysis

(PO2 area)

Below Market Value

This property is priced -30.9% below area average per sq ft

-30.9%
Potential saving
This Property
£174/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£272
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£350,312
10% above area average per sq ft
Potential ROI
+34.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Laburnum Grove, Portsmouth
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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
£806
Based on a loan of £165,000 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