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Newcome Road, Portsmouth PO1 - Image 1
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Newcome Road, Portsmouth PO1

South East

£190,000

Listed on 30/06/2026

Property details

Bedrooms
4
Type
Terraced

Description

This four-bedroom house in Fratton presents a noteworthy investment opportunity, especially with a valid five-year HMO licence set to expire in March 2025. Although the property does require modernisation, it offers a significant project for investors looking to capitalise on the strong rental demand in the area. The layout includes a communal reception room, kitchen, and bathroom, along with convenient access to local transport links and the University of Portsmouth, making it ideal for student rentals. Additionally, the presence of a garden adds further appeal. With no onward chain, this property stands as a promising venture for those looking to enhance its value through renovation.

Investment analysis

(PO1 area)
Area Average
£318/sq ft
Avg Rent (weekly)
£333
Avg Yield
6.5%

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
17
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO1)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -3.6%
5 year growth: +11.4%
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

Newcome Road, Portsmouth PO1
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 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

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