We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · PO2 7RA
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold with no forward chain, this spacious and well-presented three-bedroom terraced home offers sizeable accommodation and is finished with a blend of period charm and modern updates.
The ground floor features a generous bay-fronted lounge with decorative ceiling rose and cornicing, a separate dining room with feature panelling, and a contemporary fitted kitchen with sleek dark cabinetry, wooden worktops, integrated appliances and ample storage space.
To the rear, the property benefits from a useful conservatory with adjoining WC, providing additional flexible living space and direct access out to the garden.
Upstairs, there are three well-proportioned double bedrooms, including a particularly spacious principal bedroom, along with a modern family bathroom.
Externally, the property offers an enclosed rear garden designed for low maintenance as well as an outbuilding currently set up as a home bar.
An early inspection is recommended to avoid disappointment.
ENTRANCE PORCH Smooth ceiling, coat hooks, wooden flooring and door into; DINING ROOM Smooth ceiling, ornate cornicing, UPVC double-glazed window, panelled wall, radiator, stairs rising to landing, under stairs storage cupboards and wooden flooring.
LOUNGE Smooth ceiling, ornate cornicing, UPVC double-glazed bay window, radiator, feature fireplace, borrowed light window and laminate flooring.
KITCHEN Smooth ceiling, inset spotlights, UPVC double-glazed windows, a range of wall and base-mounted units with wooden work surfaces over, inset dual sink and drainer, gas hob with extractor over, dual electric oven, integrated microwave, integrated drinks fridge, integrated dishwasher, space for washing machine, space for fridge freezer and tiled flooring.
CONSERVATORY Polycarbonate roof, windows to garden, UPVC double-glazed doors, laminate flooring and door into; W.C. Smooth ceiling, window, wash hand basin, low level W.C and fitted carpet.
LANDING Smooth ceiling, loft hatch access, fitted carpet and doors into; BEDROOM ONE Smooth and coved ceiling, UPVC double-glazed window, fitted wardrobes, radiator and fitted carpet.
BEDROOM TWO Smooth and coved ceiling, UPVC double-glazed window, radiator and fitted carpet. BEDROOM THREE Smooth and coved ceiling, ceiling rose, picture rails, radiator and fitted carpet.
BATHROOM Smooth and coved ceiling, UPVC double-glazed window, bath with shower over, splash back, wash hand basin, low level W.C, ladder towel radiator and laminate flooring.
OUTSIDE Externally, the property offers an enclosed rear garden designed for low maintenance as well as an outbuilding currently set up as a home bar.
COUNCIL TAX Portsmouth City Council TAX BAND B £1,782.44 for the year 2026/2027.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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, Portsmouth
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