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Merrivale Road, Portsmouth

South East

£325,000
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1155 sqft

Description

Located on the coveted Merrivale Road in Portsmouth, this semi-detached residence offers a solid opportunity for those looking to invest or personalize their living space. With no onward chain, it allows for a smoother transition into potential homeownership or rental investment. The property features ample reception areas, making it suitable for both entertaining and everyday family life. A sun room at the back of the home enhances the natural light throughout, providing a cheerful ambiance. This three-bedroom house is ideal for families seeking adaptability and comfort. While it requires modernization, this presents an exciting blank canvas for buyers eager to inject their own style and improvements. Its practical layout includes a downstairs toilet and an upstairs bathroom, addressing family dynamics efficiently. This property not only represents a fantastic investment opportunity but also has the potential to become a cherished family haven with thoughtful renovations.

Investment Analysis

(PO2 area)

Above Market Value

This property is priced +10.5% above area average per sq ft

+10.5%
This Property
£281/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£243
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£323,533
10% above area average per sq ft
Potential ROI
-11.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (PO2)

Area prices are rising by +4.4% over the last 12 months
3 year growth: -0.1%
5 year growth: +21.2%
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

Merrivale 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
£1,172
Based on a loan of £243,750 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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