Worst House on the Street Logo
New Road, Portsmouth PO2 - Image 1
New Road, Portsmouth PO2 - Image 2
New Road, Portsmouth PO2 - Image 3
New Road, Portsmouth PO2 - Image 4
New Road, Portsmouth PO2 - Image 5
New Road, Portsmouth PO2 - Image 6
New Road, Portsmouth PO2 - Image 7
New Road, Portsmouth PO2 - Image 8
New Road, Portsmouth PO2 - Image 9
New Road, Portsmouth PO2 - Image 10
New Road, Portsmouth PO2 - Image 11
New Road, Portsmouth PO2 - Image 12
New Road, Portsmouth PO2 - Image 13
New Road, Portsmouth PO2 - Image 14

New Road, Portsmouth PO2

South East

£425,000

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
End Terrace

Description

This property presents a distinctive mixed-use opportunity in the heart of Portsmouth, combining a three-bedroom semi-detached house with an expansive commercial yard. The residential section requires significant renovation, making it an enticing project for those looking to enhance both living space and investment value. The substantial outdoor area has historically served various businesses, previously functioning as a removals depot, adding to its versatile appeal. With the right vision and investments, this site could not only serve as a family home but also as a location for business endeavors. Ideal for owner-occupiers or investors ready to capitalize on its potential.

Investment Analysis

(PO1 area)
Area Average
£323/sq ft
Avg Rent (weekly)
£318
Avg Yield
6.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO1)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -3.6%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on PO1 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

New Road, Portsmouth PO2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.