2-bedroom house · PO2 7RS
For saleListed 376 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**INVESTORS ONLY - TENANTS IN SITU** Nestled in the heart of Portsmouth on New Road East, this charming house, with OFF ROAD PARKING, presents an excellent opportunity for those seeking an investment.
The property boasts a well-proportioned reception room and two spacious double bedrooms making it ideal for small families, couples, or individuals.
The house features a thoughtfully designed bathroom, ensuring convenience and comfort for daily routines.
The layout of the property is both practical and welcoming, providing a sense of warmth and homeliness.
Situated in a vibrant area of Portsmouth, residents will benefit from easy access to local amenities, including shops, parks, and public transport links, making it a convenient choice for everyday living and a perfect investment property for any tenant.
Tenure: Freehold Council Tax: Band A EPC Rating: E Rental: £995.00 per calendar month All dimensions are approximate and are quoted for guidance only, their accuracy cannot be confirmed.
Reference to appliances and / or services does not imply they are necessarily in working order or fit for the purpose.
Buyers are advised to obtain verification from their Solicitors as to the freehold / Leasehold status of the property, the position regarding any fixtures and fittings and where the property has been extended / converted as to Planning Approval and Building Regulations compliance.
These particulars do not constitute or form part of an offer or contract, nor may they be regarded as representations. All interested parties must, themselves verify their accuracy.
Where a room layout is included, this is for general guidance only, it is not to scale, and its accuracy cannot be confirmed.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About New Road East, Portsmouth
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