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Old Portsmouth, Hampshire

South East

£315,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Flat
Area
904 sqft

Description

This well-positioned purpose-built apartment offers a generous 904 sq ft of living space and captivating views of Portsmouth Cathedral and the Spinnaker Tower. The layout features an open plan living area that combines the dining room and kitchen, three bedrooms, and a bathroom, all benefitting from plenty of natural light due to its dual aspect design. Located in a charming conservation area rich with historical significance, this property is just minutes away from local amenities such as the harbour entrance, Camber Dock, sailing clubs, and various dining options. Gunwharf Quays retail complex and Portsmouth Harbour railway station are also within easy reach, providing excellent transport links to London. The apartment includes a rear terrace and features like gas central heating and double glazing. While it requires some updating, this provides a fantastic opportunity for buyers to customize according to their preferences. Early viewing is recommended to fully appreciate the potential of both the accommodation and its sought-after location.

Investment Analysis

(PO1 area)

Above Market Value

This property is priced +10.0% above area average per sq ft

+10.0%
This Property
£348/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£304
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£314,926
10% above area average per sq ft
Potential ROI
-7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PO1)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 1.0%
5 year growth: 15.1%
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

Old Portsmouth, Hampshire
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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
£1,154
Based on a loan of £236,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE