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Binsteed Road, Portsmouth, Hampshire PO2 - Image 1
Binsteed Road, Portsmouth, Hampshire PO2 - Image 2
Binsteed Road, Portsmouth, Hampshire PO2 - Image 3

Binsteed Road, Portsmouth, Hampshire PO2

South East

£150,000

Listed on 16/10/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
656 sqft

Features

  • Garden

Description

This two-bedroom freehold terraced house in Portsmouth is offered with no forward chain and has an open-plan ground floor, with the lounge and dining area leading through to a rear kitchen. The kitchen provides access to the enclosed garden and the ground-floor bathroom, while two bedrooms are arranged on the first floor. The home is being marketed as requiring full refurbishment, giving a buyer scope to update the accommodation for their own use or investment plans. The property is offered subject to a current offer notice: further offers must be submitted in writing to the selling agent within 14 days of the notice date. An AML identity-check fee is payable by the buyer if an offer is accepted, and is non-refundable once checks are complete.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

44out of 100
Grade ELow opportunity

Confidence: MEDIUM

At £150,000, this two-bedroom terrace is priced below the local average per square foot, making the asking price a genuine acquisition opportunity. The open-plan living and dining space, enclosed rear garden and straightforward terrace layout give a clear canvas for a complete redesign. However, the asking price plus a mid-to-substantial works programme leaves the all-in cost stretched against local benchmarks for a home of this size; that comparison is with current local values, not a forecast of post-renovation value.

This is a heavy project rather than a cosmetic refresh: several interior areas show damaged finishes and dark staining, the kitchen and bathroom need substantial updating, and the garden needs clearing and improvement. The frontage appears generally intact in the supplied views, but the roof condition cannot be confirmed.

Key opportunities

  • Rework the open-plan living and dining area to create a more cohesive everyday space.
  • Use the full refurbishment to replace the dated kitchen and bathroom and bring the interior finishes together.
  • Clear and landscape the enclosed rear garden to make it a more usable outdoor space.

Key risks

  • The asking price combined with a mid-to-substantial works programme leaves the projected all-in cost stretched against local benchmarks for a 656 sq ft home.
  • Damaged and peeling finishes, worn flooring, and dark staining across several interior areas make this a full interior rebuild with a substantial programme, not a cosmetic refresh; investigate the staining as part of planning the work.

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Map

Location

Binsteed Road, Portsmouth, Hampshire PO2
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Transport

Nearest stations

  • Fratton Rail Station

    0.9 miles

    Train · Fratton

  • Portsmouth & Southsea Rail Station

    1.0 miles

    Train · Portsmouth

  • Hilsea Rail Station

    1.5 miles

    Train · Hilsea

  • Portsmouth Harbour Rail Station

    1.6 miles

    Train · Portsmouth

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£613
Based on a loan of £112,500 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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