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Gladys Avenue, Portsmouth PO2 - Image 1
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Gladys Avenue, Portsmouth PO2

South East

£290,000
Listed on 05/04/2026

Property Details

Bedrooms
5
Type
Terraced

Description

This spacious five-bedroom terraced home presents a remarkable opportunity for investors and buyers alike, situated on Gladys Avenue in the desirable North End area. Spanning three floors, this property boasts generous living spaces intertwined with original period features that are ripe for enhancement. Although it requires modernisation, the potential to transform this residence into a stunning family home is significant. Upon entry, you are greeted by a wide hallway leading to an expansive front reception room, where natural light pours in through the large bay window, highlighting the ornate ceiling rose and charming fireplace. A second sizeable reception room can serve as an elegant dining area or additional lounge space. The ground floor also includes a versatile third reception room, which connects to a small utility/kitchen area and a shower room—ideal for those looking to reconfigure the layout into a more modern open-plan kitchen design. On the first floor, you'll find a double bedroom currently used as a kitchen/breakfast area, accompanied by a fitted shower room and separate W.C., along with two generously sized double bedrooms including an exceptionally large principal bedroom featuring another bay window. Ascending to the top floor reveals two additional well-proportioned double bedrooms each with unique character elements. The property is complemented by a manageable rear garden with pedestrian access. While this home is awaiting its new owner's vision for updates and enhancements, it offers ample space, character, and adaptability—an exceptional chance to invest in a sought-after residential neighborhood. An internal viewing is highly recommended to explore the full scope of possibilities available here.

Investment Analysis

(PO2 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£262
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Gladys Avenue, 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
£1,027
Based on a loan of £217,500 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.

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