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Preston Road, Portsmouth

South East

£155,000Guide Price

Listed on 10/07/2026

Property details

Bedrooms
3
Type
House
Area
1288 sqft

Description

This three-bedroom residence on Preston Road in North End presents a substantial opportunity for renovation. With generous living spaces, including a dining room and lean-to area, the property is primed for modernization to enhance both comfort and value. Investors and homeowners alike will appreciate the potential for creating a contemporary family home or rental asset in a sought-after location. The layout includes essential areas that can benefit from attention, notably the kitchen and shower room. This property is being offered through the Modern Method of Auction, requiring buyers to complete transactions within a 56-day period.

Investment analysis

(PO2 area)

Below Market Value

This property is priced -52.2% below area average per sq ft

-52.2%
Potential saving
This Property
£120/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£269
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£356,396
10% above area average per sq ft
Potential ROI
+82.8%
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

Preston 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
£586
Based on a loan of £116,250 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

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