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Portchester Road, Portsmouth

South East

£190,000

Listed on 27/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
906 sqft

Description

This bay-fronted terrace property presents a compelling opportunity for builders and developers seeking a project that holds significant renovation potential. Currently in need of modernisation, it features two reception rooms, a compact kitchen, and a ground floor w/c alongside two double bedrooms and an additional room on the second floor that could be transformed into a functional third bedroom with separate access (pending building regulations). The property also benefits from vacant possession, ensuring a smooth acquisition process without the constraints of a chain associated with traditional sales. The ground floor includes a lean-to space ideal for conversion and improvement. The existing shower enclosure could be upgraded into a full bathroom to enhance comfort and usability. Furthermore, reconfiguration of the upstairs layout could allow for the creation of a master suite tailored to modern living standards. With its spacious interiors and potential for creative enhancements, this property offers an exciting investment opportunity at a realistic entry price.

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Investment analysis

(PO2 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£210/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£269
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£250,695
10% above area average per sq ft
Potential ROI
+4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PO2)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -1.4%
5 year growth: +16.3%
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

Portchester Road, Portsmouth
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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

Next Steps

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