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Mulberry Lane, Portsmouth PO6 - Image 1
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Mulberry Lane, Portsmouth PO6

South East

£525,000
Listed on 25/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1439 sqft

Description

Situated on the inviting Mulberry Lane in Portsmouth, this three-bedroom detached house offers significant renovation and investment potential. The property features two generously sized reception rooms, allowing for flexible use as both living and entertainment spaces. The well-sized bedrooms provide comfortable accommodation, and the conveniently located bathroom caters to the needs of the household. A notable highlight of this home is the expansive garden area, an appealing feature for those with a penchant for outdoor living or gardening. In addition, the property includes a garage and off-road parking for two vehicles, enhancing convenience for residents and visitors alike. While the house currently requires updating, it serves as a blank canvas for prospective buyers looking to tailor their living space to their tastes. With no onward chain, you can embark on your renovation plans without delay. This property is particularly suited for families or individuals who envision creating their ideal home through personal touches. This residence presents a unique opportunity to invest in a desirable location where potential for value enhancement is evident. Explore what this home could become with your vision and effort.

Investment Analysis

(PO6 area)

Above Market Value

This property is priced +14.7% above area average per sq ft

+14.7%
This Property
£365/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£503,362
10% above area average per sq ft
Potential ROI
-10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PO6)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.6%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on PO6 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

Mulberry Lane, Portsmouth PO6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE