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3 bed house for sale Penhale Road, Portsmouth, PO1

Asking price

£265,000

Reduced on 20/10/2026

Type: Terraced
Bedrooms: 3
Size: £267 per sq ft
Tenure: Ask agent

Key features

Currently being operated as an airbnb
⁠can be sold with vacant procession or sign a new lease agreement with the current commercial ten
Current gross rental yield 5.66%
Great investment / airbnb / owner occupier opportunity
Three/four bedroom end-terrace property
Two seperate shower rooms
Fitted kitchen with ample storage
Private south-facing rear garden
Central portsmouth location close to amenities and transport links
Flexible c3 / c4 planning use

About this property

** NO CHAIN OFFERED *** Offered to the market is this spacious and versatile four-bedroom property, currently operating as a successful Airbnb and achieving an attractive gross rental yield of approximately 6.5%, making it an excellent opportunity for investors or buyers seeking a home with income potential.

The ground floor comprises a welcoming entrance hallway leading to a bright front reception room, currently used as a living room, alongside a generous fourth bedroom. Towards the rear of the property is a spacious kitchen/dining room, providing ample space for cooking, dining and entertaining.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,528
Band B

£1,782
Band C

£2,037
Band D

£2,292
Band E

£2,801
Band F

£3,310
Band G

£3,820
Band H

£4,583

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Portsmouth, 2026/27 bills run from £1,528 a year in band A to £4,583 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Portsmouth, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

100 comparables · within 1.5 miles

Priced above 51% of the 3-bed houses for sale nearby right now.

This home, £265,000 Median £259,998 · £224,500 – £341,000

Per square foot

£267 6% over

3-bed houses nearby £252

Against sold prices

5% under

PO1 sold median £281 / sq ft, 449 sales

Compared with 100 3-bed houses for sale within 1.5 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in PO1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in PO1 →

Location

Penhale Road, Portsmouth, PO1

Open map Street View

Mortgage and stamp duty

Property price £265,000

£132k £398k

Deposit10% £27,000

£0 £265k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £238,000 mortgage. Most lenders would want a household income of about £53,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
23, Penhale Road Terraced	Terraced	May 2024	980 sq ft £209/sq ft	980 sq ft	£209	£205,000
51, Penhale Road Terraced	Terraced	Nov 2023	969 sq ft £232/sq ft	969 sq ft	£232	£225,000
39, Penhale Road Terraced	Terraced	Aug 2023	797 sq ft £358/sq ft	797 sq ft	£358	£285,000
25, Penhale Road Terraced	Terraced	Jun 2023	980 sq ft £242/sq ft	980 sq ft	£242	£237,500
First Floor Flat, 15, Penhale Road Flat / maisonette	Flat / maisonette	Sept 2021	570 sq ft £228/sq ft	570 sq ft	£228	£130,000
Ground Floor Flat, 15a, Penhale Road Flat / maisonette	Flat / maisonette	Jun 2021	657 sq ft £216/sq ft	657 sq ft	£216	£142,000
37, Penhale Road Terraced	Terraced	Dec 2019	840 sq ft £247/sq ft	840 sq ft	£247	£207,000
53, Penhale Road Terraced	Terraced	Sept 2018	958 sq ft £188/sq ft	958 sq ft	£188	£180,000