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Lake Road, Lake Grounds, Portishead. - Image 1
Lake Road, Lake Grounds, Portishead. - Image 2
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Lake Road, Lake Grounds, Portishead.

South West

£1,100,000
Listed on 02/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3113 sqft

Description

This substantial family home in a desirable area of Portishead boasts a prime elevated location with impressive views over the Lake Grounds and the Severn Estuary. Spanning three levels, the property presents an excellent opportunity for renovation and personalization, making it ideal for those looking to invest in a home that can be tailored to their tastes. While the interior is functional, there is significant scope for modernisation, especially given the potential for extension as seen in nearby properties. On the ground floor, a welcoming entrance vestibule leads into a spacious hallway that connects to multiple living areas. The light-filled living room features a large picture window that showcases the stunning views. This opens into a dining room with rear garden views, providing a great space for entertaining. The kitchen is equipped with contemporary fixtures, including granite work surfaces and integrated appliances but may benefit from updating. Additionally, there’s a study, a shower room, and a snug/bedroom on this level that offers guests comfort along with fantastic vistas. The first floor hosts three to four double bedrooms, including an en-suite principal suite with built-in wardrobes and picturesque outlooks. A family bathroom completes this level. The lower ground floor offers versatile space that could be transformed to create additional accommodation or even an independent annexe for rental or family use—an appealing option for potential investors. Outside, low-maintenance gardens surround the property; the front features ample parking and an integral garage while the rear offers tiered outdoor spaces perfect for gardening or summer gatherings. Given its location near local amenities and scenic attractions like the Lake Grounds, this home holds considerable investment potential in one of Portishead's most sought-after areas.

Investment Analysis

(BS20 area)

Below Market Value

This property is priced -8.2% below area average per sq ft

-8.2%
Potential saving
This Property
£353/sq ft
Area Average
£385/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,318,013
10% above area average per sq ft
Potential ROI
+10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (BS20)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -0.2%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on BS20 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

Lake Road, Lake Grounds, Portishead.
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,967
Based on a loan of £825,000 over 30 years at 4.06% 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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