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Winchester Road, Portsmouth PO2 - Image 1
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Winchester Road, Portsmouth PO2

South East

£199,995
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
894 sqft

Description

This mid-terraced property in the heart of Portsmouth offers practical living space with significant investment potential. Featuring two distinct reception rooms and a traditional fitted kitchen, this home is equipped with three generously sized double bedrooms on the upper floor, making it suitable for families or as a rental opportunity. The ground floor also accommodates a bathroom and a separate W.C., adding to its functionality. While the property requires moderate refurbishment, it presents an excellent chance for buyers looking to customize their living space or enhance its appeal for future tenants. The rear garden provides additional outdoor space, which can be transformed into a pleasant retreat or entertaining area. Overall, this property is a promising project for both first-time buyers and seasoned investors alike.

Investment Analysis

(PO2 area)

Below Market Value

This property is priced -11.2% below area average per sq ft

-11.2%
Potential saving
This Property
£224/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£262
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£247,817
10% above area average per sq ft
Potential ROI
+10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (PO2)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -1.3%
5 year growth: +18.5%
Investment Disclaimer: Analysis based on PO2 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

Winchester Road, Portsmouth PO2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £149,996 over 30 years at 3.91% 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.

Stamp Duty Calculator

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