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London Road, Portsmouth

South East

£105,000
Listed on 06/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
658 sqft

Description

This two-bedroom ground floor flat in Magdalen Court, Hilsea, offers a blank canvas for buyers eager to infuse their personal style into a property. With no onward chain, it presents an attractive option for first-time buyers or those seeking a worthwhile investment opportunity. The flat features a private entrance and a spacious lounge/diner at the front, which is bathed in natural light, making it an inviting space to unwind. Two generously sized double bedrooms provide ample living area, complemented by a bathroom equipped with a shower over the bath. The kitchen at the rear leads out to a shared garden, enhancing outdoor utility despite its need for some modern updates throughout. Boasting approximately 144 years left on the lease, this property holds strong long-term potential. Conveniently located near excellent transport links and within walking distance to local shops and amenities, this flat represents an ideal project for those looking to create their dream home while benefiting from the sought-after local area.

Investment Analysis

(PO2 area)

Below Market Value

This property is priced -36.9% below area average per sq ft

-36.9%
Potential saving
This Property
£160/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£256
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£182,977
10% above area average per sq ft
Potential ROI
+46.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PO2)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.2%
5 year growth: +16.5%
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

London Road, Portsmouth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£375
Based on a loan of £78,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-16.0% since listed
£105,000£10,000(-8.7%)
04/05/2026
Current price
£115,000£10,000(-8.0%)
27/03/2026
£125,000Initial listing
07/03/2026

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