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Norfolk Road, Harnham

South West

£225,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1206 sqft

Description

This end of terrace family home presents a unique opportunity for buyers looking to invest in a property with significant renovation potential. Occupying a generous corner plot, it allows for possibilities such as extension and the creation of additional outdoor living spaces or garage facilities. Currently, the house requires modernisation, making it an ideal canvas for those wanting to tailor the space to their needs. Built from REEMA construction, this property is suitable only for cash buyers due to financing limitations. Located in a sought-after area, it is conveniently close to local amenities, schools, and offers pleasant walks to the city centre and railway station through scenic meadows. Accommodation includes an entrance hall leading to a front sitting room with what appears to be a blocked fireplace, a utility room accessing the garden, a kitchen with ample unit space, two double bedrooms, a single bedroom, and a bathroom. Notably, there is also an expansive loft room that provides stunning views of the nearby Cathedral. This property comes with no onward chain, making it an attractive prospect for those ready to take on a project.

Investment Analysis

(SP2 area)

Below Market Value

This property is priced -45.0% below area average per sq ft

-45.0%
Potential saving
This Property
£187/sq ft
Area Average
£339/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£449,717
10% above area average per sq ft
Potential ROI
+63.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (SP2)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +2.8%
5 year growth: +18.0%
Investment Disclaimer: Analysis based on SP2 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

Norfolk Road, Harnham
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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
£811
Based on a loan of £168,750 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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