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£200,000
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2 bed house for sale Byron Road, Portsmouth, PO2 7RZ

2 beds 2 baths Terraced House
Tenure: ask agent

Added yesterday

About this property

LR1024 - Presenting a rare and high-performing "turnkey" investment opportunity in the heart of Portsmouth. This well-maintained residential property is offered to the market specifically for investors and landlords, sold with an exceptional, long-term tenant in situ. At a purchase price of £200,000 and a market-leading rental income of £1,250 per month, this asset delivers an impressive 7.

Key features

  • LR1024 - Investors/Landlords Only
  • Rental Income - £1250.00pcm
  • Annual Income - £15,000pa
  • Gross Yield - 7.5%
  • Two Bedroom Terraced House
  • Seperate Bathroom and shower room
  • Outside office/bar/study
  • Low Maintenance Garden
  • Long Term Tenant
  • Fully Managed

Floorplan

Energy performance

Energy rating band D 63
Current
Potential
92+
A
81-91
B
Potential rating: 84 B
69-80
C
55-68
D
Current rating: 63 D
39-54
E
21-38
F
1-20
G

This home is rated band D, scoring 63 out of 100. The average British home is band D. Its certificate says it could reach band B (84) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Location

Byron Road, Portsmouth, PO2 7RZ

Council tax
Band B (Approx £1,782/year)

Mortgage and stamp duty

Property price £200,000
£100k £300k
Deposit10% £20,000
£0 £200k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £180,000 mortgage. Most lenders would want a household income of about £40,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in PO2 7RZ. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
16, Byron Road TerracedMar 2026926 sq ft £238/sq ft£220,000
13, Byron Road TerracedJan 2026818 sq ft £220/sq ft£180,000
3, Byron Road TerracedApr 2025829 sq ft £273/sq ft£226,000
25, Byron Road TerracedMar 2024893 sq ft £256/sq ft£228,500
58, Byron Road TerracedAug 2023872 sq ft £265/sq ft£231,250
17, Byron Road TerracedJul 2023829 sq ft £253/sq ft£210,000
7, Byron Road TerracedJan 2023775 sq ft £303/sq ft£235,000
53, Byron Road TerracedSept 20221,023 sq ft £269/sq ft£275,000

All sales on Byron Road → All sold prices in Portsmouth →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Lee Rawson
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