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South West
£395,000
Listed on 03/10/2026
Listed on 03/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This characterful semi-detached cottage in Portishead offers a unique opportunity to acquire a property at a competitive price of £395,000, which is notably below the local average at £353/sqf. The picturesque setting and charming features of the home provide a solid foundation for a transformative renovation project. While the property currently displays significant signs of wear and requires extensive updates across all areas, including the dated kitchen and exterior, these challenges present a canvas for creative refurbishment. With the right vision, buyers can enhance the existing layout and character to create a stunning family home.
However, potential purchasers should be mindful that the combined costs of the purchase and renovation, estimated between £100,000 to £200,000, leave the all-in costs stretched against local benchmarks, which may impact long-term investment viability. The house will need a full gut renovation, and the scale of the project indicates that buyers should be prepared for a significant undertaking, making it essential to plan for both time and budget effectively.
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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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