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South East
£130,000Guide Price
Listed on 28/08/2026
Listed on 28/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom terraced house in the popular Fratton area of Portsmouth offers a compelling opportunity for those looking to undertake a substantial refurbishment project. With an asking price of £130,000, it stands at £127 per square foot, which is significantly below the local average of £318 per square foot. This pricing presents a fantastic chance to acquire a property at a low entry point in a desirable location, ripe for value enhancement.
The house has extensive wear and dated interiors, providing a blank canvas for buyers to reimagine the space. There’s potential to modernize the bay-fronted living room, update the kitchen and shower room, and rejuvenate the overgrown garden. With a renovation budget estimated between £100,000 and £150,000, the project scope is considerable, enabling significant upgrades to the layout and character of the home. Given its proximity to local amenities and transport links, this property could serve as an attractive rental or family home post-renovation.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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