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Lichfield Road, Portsmouth

South East

£175,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
868 sqft

Description

Nestled in the sought-after Baffins district of Portsmouth, this three-bedroom mid-terraced house on Lichfield Road is primed for a comprehensive refurbishment. With a total renovation needed, it offers an excellent opportunity for those looking to customize a family home to their own specifications. The layout includes two separate reception rooms that can be transformed into inviting living and dining spaces, alongside a simple kitchen that awaits modern upgrades. The first floor houses three well-sized bedrooms and a family bathroom, all of which are in need of attention but hold great potential for enhancement. The property features an expansive rear garden with a sizeable shed, providing ample room for landscaping or possible extensions. Additionally, the presence of a vehicular access road at the back could facilitate off-road parking or even the addition of a garage, subject to local planning permissions. This property is ideal for developers or dedicated owner-occupiers seeking a substantial project in a desirable area.

Investment Analysis

(PO3 area)

Below Market Value

This property is priced -29.6% below area average per sq ft

-29.6%
Potential saving
This Property
£202/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£272
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£273,550
10% above area average per sq ft
Potential ROI
+3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (PO3)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +7.2%
5 year growth: +20.0%
Investment Disclaimer: Analysis based on PO3 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

Lichfield 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
£631
Based on a loan of £131,250 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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