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Walmer Road, Fratton - Image 1
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Walmer Road, Fratton

South East

£199,995
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced property in Fratton presents a valuable opportunity for those looking to invest or embark on a renovation project. While the home requires some modernization, it features a solid layout that allows for creative reimagining. Upon entering, you're welcomed by a hallway leading to two reception rooms. The first reception room offers ample natural light through its PVC double-glazed window and includes a charming feature tiled fireplace, adding character to the space. The second reception room, with its bay window, can be adapted to suit various needs, from a cozy living area to an office space. The kitchen is functional but could benefit from an update. It currently includes essential appliances and plumbing provisions, making it easier for prospective buyers to enhance or redesign according to their preferences. An adjoining wet room on the ground floor is also in need of refurbishment but offers potential for modern fixtures and improved layouts. Upstairs, you'll find two generously sized bedrooms, alongside a smaller third bedroom that's accessible via the second room—ideal for a child’s bedroom or home office. Each room benefits from natural light and could be transformed into comfortable living spaces with some thoughtful renovations. The south-facing rear garden is fully enclosed and provides a decent outdoor space that could become an inviting retreat with landscaping and design improvements. Located in Fratton, this property is conveniently situated near local amenities and transport links, creating appeal for both homeowners wanting to reside here and investors looking for rental potential. This property certainly invites creativity and vision; an internal viewing will help you appreciate the possibilities it holds.

Investment Analysis

(PO1 area)
Area Average
£313/sq ft
Avg Rent (weekly)
£309
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PO1)

Area prices are falling by +2.4% over the last 12 months
3 year growth: 0.1%
5 year growth: 15.7%
Investment Disclaimer: Analysis based on PO1 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

Walmer Road, Fratton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £149,996 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE