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South East
£260,000
Listed on 12/09/2026
Listed on 12/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This mid-terrace property on Cornwall Road in Portsmouth offers a flexible living space that presents a unique opportunity for potential buyers looking to stamp their own style on a well-located home. With an asking guide price of £260,000, the property is priced slightly above the local average at £339/sqf compared to £318/sqf, which could be seen as a limitation for some buyers. However, the spacious layout and good location near amenities can appeal to first-time buyers and families alike.
While the overall condition is average with dated features in the kitchen and bathroom, these areas can be transformed to add significant value. The projected renovation budget of £40,000 to £80,000, while substantial, could create a more tailored living space. However, potential buyers should be mindful that the all-in costs, estimated at around £320,000, may exceed local benchmarks for similar properties, indicating a tighter margin for investment compared to the local market. This aspect should be carefully considered when evaluating the potential of this property.
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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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