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Cornwall Road, Portsmouth, PO1

South East

£260,000

Listed on 12/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
768 sqft

Description

Located on Cornwall Road in Portsmouth, this spacious mid-terrace property offers a promising opportunity for buyers looking for a versatile home. The freehold property spans approximately 80m² and features well-proportioned accommodation, allowing a new owner to personalize the space to their liking. The interior provides flexible living areas that cater to everyday family life and entertaining, with potential for further enhancement once a detailed floorplan is available. The location is ideal for first-time buyers, families, and investors, given its proximity to essential amenities. Cornwall Road is situated in the Fratton area, providing easy access to shops, schools, and public transport options. Fratton railway station is nearby, making it convenient for commuters traveling across the city or beyond. Families will appreciate the selection of local schools, including Penbridge Infant and Nursery School and The Portsmouth Academy. Overall, this mid-terrace home presents an excellent opportunity in a sought-after Portsmouth location, combining versatile accommodation with significant potential for customization.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

41out of 100
Grade ELow opportunity

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.

Key opportunities

  • Flexible living spaces that can be tailored to individual needs.
  • Good location near amenities and transport links, appealing to families and first-time buyers.
  • Potential to significantly enhance the property's value through renovation of dated areas.

Key risks

  • All-in costs are stretched compared to local benchmarks, which may limit profitability.

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Map

Location

Cornwall Road, Portsmouth, PO1
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£982
Based on a loan of £195,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

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