# 2 bedroom terraced house for sale (PO2 8PJ) ## Property Details | Key | Value | |-----|-------| | Address | 62 WALDEN ROAD, PORTSMOUTH, STAMSHAW, PORTSMOUTH PO2 8PJ | | Price | £225,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | D | | Construction age | England and Wales: 1900-1929 | | Floor area | 66 m² | | Last sold | £227,000 Aug 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Current heating cost:** £568/year - **Est. upgrade cost to C:** £16,500 ### Recommendations - W1 (£5,000 - £10,000) - U (£8,000 - £10,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0074-0277-2216-8200-5504) ## Description Looking for a well presented bay and forecourt two bedroom house? This property must be seen internally due to its layout and finish. Both the four piece bathroom and kitchen are modern and spacious. The ground floor consists of a separate front lounge and open kitchen dining area plus a useful utility room. Externally there is a good size garden and outhouse to the rear. Benefits include double glazing and gas central heating system. This house really must be viewed! Please call Mann to book in your viewing. Measurements: Lounge- 12'07" x 12'11" Dining Room - 10'10" x 12'07" max into recess Kitchen - 7'06" x 11'05" Bedroom - 12'08" x 10'04" Bedroom - 10'10" max into recess x 7'11" Bathroom - 11'10" x 7'10" ## Property Photos - ![Front Elevation](/listings/photos/145814129/609286) - Front Elevation - ![Front Lounge](/listings/photos/145814129/609290) - Front Lounge - ![Front Lounge](/listings/photos/145814129/609294) - Front Lounge - ![Modern Kitchen](/listings/photos/145814129/609298) - Modern Kitchen - ![Modern Kitchen](/listings/photos/145814129/609304) - Modern Kitchen - ![Dining Area](/listings/photos/145814129/609316) - Dining Area - ![Dining Area](/listings/photos/145814129/609321) - Dining Area - ![Main Bedroom](/listings/photos/145814129/609324) - Main Bedroom - ![Main Bedroom](/listings/photos/145814129/609329) - Main Bedroom - ![2nd Bedroom](/listings/photos/145814129/609333) - 2nd Bedroom - ![4 Peice Bathroom](/listings/photos/145814129/609337) - 4 Peice Bathroom - ![4 Peice Bathroom](/listings/photos/145814129/609343) - 4 Peice Bathroom - ![Low Maintenance](/listings/photos/145814129/609355) - Low Maintenance - ![Rear Garden](/listings/photos/145814129/609360) - Rear Garden ## Floorplans - ![Floorplan](/listings/photos/145814129/609363) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/145814129/609367) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 62 WALDEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8PJ | £227,000 | 30/08/2024 | Terraced | | 62 WALDEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8PJ | £188,000 | 17/12/2019 | Terraced | | 62 WALDEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8PJ | £159,995 | 18/12/2015 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 83 STRODE ROAD, STAMSHAW, PORTSMOUTH, PO2 8PX | £243,200 | 16/01/2026 | Terraced | | 31 STRODE ROAD, STAMSHAW, PORTSMOUTH, PO2 8PX | £156,000 | 05/12/2025 | Terraced | | 104 JERVIS ROAD, STAMSHAW, PORTSMOUTH, PO2 8PS | £222,500 | 05/12/2025 | Terraced | | 18 GRUNEISEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8QG | £174,000 | 28/11/2025 | Terraced | | 17 STRODE ROAD, STAMSHAW, PORTSMOUTH, PO2 8PX | £170,000 | 24/11/2025 | Terraced | | 70 STRODE ROAD, STAMSHAW, PORTSMOUTH, PO2 8PY | £218,000 | 21/11/2025 | Terraced | | 243 TWYFORD AVENUE, PORTSMOUTH, PO2 8NY | £215,000 | 20/11/2025 | Terraced | | 26 WALKER ROAD, PORTSMOUTH, PO2 8PQ | £218,000 | 13/11/2025 | Terraced | | 292 TWYFORD AVENUE, PORTSMOUTH, PO2 8NT | £205,000 | 23/10/2025 | Terraced | | [Same street] 44 WALDEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8PJ | £228,000 | 31/03/2025 | Terraced | | 52 STRODE ROAD, STAMSHAW, PORTSMOUTH, PO2 8PY | £220,000 | 18/12/2023 | Terraced | | 26 WALKER ROAD, PORTSMOUTH, PO2 8PQ | £205,000 | 12/12/2023 | Terraced | | 14 WIDLEY ROAD, PORTSMOUTH, PO2 8PN | £280,000 | 24/11/2023 | Terraced | | 80 JERVIS ROAD, STAMSHAW, PORTSMOUTH, PO2 8PS | £205,000 | 20/10/2023 | Terraced | | 20 TIPNER ROAD, PORTSMOUTH, PO2 8QP | £295,000 | 20/10/2023 | Terraced | | 69 WIDLEY ROAD, PORTSMOUTH, PO2 8PW | £198,000 | 09/10/2023 | Terraced | | 319 TWYFORD AVENUE, PORTSMOUTH, PO2 8PE | £290,000 | 14/09/2023 | Terraced | | 3 GRUNEISEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8QD | £237,000 | 29/08/2023 | Terraced | | 32 WILSON ROAD, STAMSHAW, PORTSMOUTH, PO2 8LF | £240,000 | 28/07/2023 | Terraced | | 70 GRUNEISEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8QG | £227,500 | 24/07/2023 | Terraced | | 55 GRUNEISEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8QD | £185,000 | 07/07/2023 | Terraced | | [Same street] 6 WALDEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8PJ | £225,000 | 14/06/2023 | Terraced | | [Same street] 82 WALDEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8PJ | £245,000 | 26/05/2023 | Terraced | | [Same street] 80 WALDEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8PJ | £180,000 | 24/03/2023 | Terraced | | [Same street] 58 WALDEN ROAD, STAMSHAW, PORTSMOUTH, PO2 8PJ | £207,000 | 14/01/2022 | Terraced | **Street average:** £217,000 (5 sales) **Area average:** £220,210 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £238,604 (80 Terraced, PO2, 2024–2026) - **Deviation:** -5.7% ## Rental Range *ONS Price Index of Private Rents (Portsmouth). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,226/mo - **Realistic:** £1,362/mo - **Optimistic:** £1,498/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Portsmouth (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £843/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, Oriel Road, PO2 | £1,200/mo | 2 | 0.36 miles | OpenRent | **Average rent: £1,200/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.53% (weak for cashflow) - **Max investor price (0.8%):** £150,000 - **Target investor price (1%):** £120,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,200/mo).* - **Gross yield:** 6.4% - **Cost-to-rent:** 15.6× - **Monthly cashflow:** £169/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £3,409/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 5.4% - **10y growth:** 23.7% ## House Price Index (HM Land Registry) *Official index for Portsmouth; Terraced series; as of March 2026.* - **1y growth (index):** 0.4% - **5y growth (index):** 15.5% - **10y growth (index):** 41.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)