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Preston Road, Portsmouth

South East

£170,000
Listed on 04/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1288 sqft

Description

This spacious three-bedroom residence in North End presents an excellent opportunity for those looking to inject their personal style and modern updates into a property that is currently in need of refurbishment. With ample living space, the home allows for creative renovation possibilities, whether it's updating the kitchen and bathrooms, or refreshing the interiors with contemporary finishes. Positioned in a sought-after area of Preston Road, this property holds significant investment potential for buyers willing to undertake renovation work and capitalize on the revitalization of this space. Ensure to conduct your due diligence before proceeding; this property is available through a Modern Method of Auction which requires prompt transaction completion.

Investment Analysis

(PO2 area)

Below Market Value

This property is priced -48.0% below area average per sq ft

-48.0%
Potential saving
This Property
£132/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£253
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£359,300
10% above area average per sq ft
Potential ROI
+71.1%
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
47%
Properties sold annually

Local Market Trend (PO2)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -1.3%
5 year growth: +19.8%
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

Preston Road, Portsmouth
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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
£613
Based on a loan of £127,500 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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