Maybe you have a terraced house somewhere like North End that you want to sell quickly so you can move closer to your grown-up children living in another part of the country.
Prices, rents, yields, growth & much more for the city of Portsmouth
According to Rightmove, the average cost of a property in Portsmouth in 2022 was £291,069. The most popular property type sold in Portsmouth in 2022 were terraced properties which sold for an average price of £300,185.
Portsmouth flats fetched an average price of £189,310 and semi-detached properties in Portsmouth sold for an average price of £400,090.
Portsmouth is a port and a city located in the ceremonial county of Hampshire. With a rich history spanning all the way back to Roman Times, Portsmouth is a hub of history, culture, and community.
Mostly located on Portsea Island but spreading inland, Portsmouth is home to the D-Day Museum, the wreck of the Mary Rose, the Victorious festival, beaches, the Spinnaker tower, castles, museums, art galleries, shops, and more.
The most densely populated city in the UK, Portsmouth saw a population increase of 1.5% according to the 2021 census, taking the population to 208,100.
This increase in population can be put down to a variety of factors, including Portsmouth’s ideal location, local market prices, amenities, and community.
Absolutely! There is no time like the present and there has been no better time to get your property on the market.
Whether you are a first-time buyer, a hardened property investor, or just looking for a family home, there are plenty of Portsmouth properties for you to buy or invest in.
A property investment hotspot, Portsmouth is a city that is rapidly growing. The city centre regeneration project is a great opportunity for those looking to invest.
Portsmouth is also a university town, providing another great investment opportunity in the form of student housing.
We will buy any UK property, from a detached family house on the outskirts of Portsmouth to a city centre apartment, from a property in pristine condition to one needing a complete refurbishment.
The location and shape of your property won't deter us from helping you sell your house fast — in as little as seven days.
Portsmouth is a bright and busy city, with plenty to see and do whether you are a resident or a tourist. Whilst we can’t list all of the best areas to live in Portsmouth, we can list some of our favourites:
Located towards the southern end of Portsea Island is the bustling seaside auburn of Southsea.
Popular with both residents and tourists alike, Southsea has plenty to offer. From pebble stone beaches, a castle, a busy high street, independent shops and cafes, an amusement park, and much more, it is easy to see the appeal in Southsea living.
Copnor is a suburb in Portsmouth with a rich and expansive history. One of the three Portsmouth villages listed in the Doomsday book, Copnor has plenty to offer. Chock full of 1930s housing, Copnor is a firm favourite with families in the area due to being a quieter part of the city.
Away from Portsea Island and further north of the city lies the suburb of Cosham. A commuter haven, Cosham provides an excellent base to travel not only into the city centre, but also to London, Southampton, Brighton, and much more.
Towards the northern end of Portsea Island is the suburb of Hilsea. Once a hamlet, it is now mainly a residential area, complete with green spaces and an outdoor swimming pool, there is plenty to love about life in Hilsea.
Here at The Property Buying Company, we will buy any type of UK property, either a detached family house or a city centre apartment, we are in a position to make a cash offer and complete a fast sale.
The location of your property and the condition it is in won’t deter us from helping you achieve a quick house sale – whether the property is in the middle of nowhere or the city centre, in pristine condition or in need of a full refurbishment, we will buy any house quickly.
We purchase homes all across England, Wales & parts of Scotland, this as you would expect covers Portsmouth & all the surrounding areas. We've put a list together of some of the popular locations are the area that we get enquiries for:
Bembridge
Birdham
Bosham
Chalton
Clanfield
Curbridge
Curdridge
Droxford
East Wittering
Fareham
Gosport
Hambledon
Havant
Meonstoke
Newport
Ryde
Swanmore
Waterlooville
West Wittering
Local Portsmouth estate agents will provide you with a service that covers the marketing and negotiations of your house sale. They will often use online property portals such as Rightmove and Zoopla to advertise your property and will help you sort and arrange viewings of your property.
Estate agents Portsmouth will typically charge an average rate of 3%+VAT of your original asking price. This total is without taking into account any hidden costs or packages that attribute to the marketing and negotiating on your behalf.
When it comes to getting real estate agents in Portsmouth valuations, the number you will get will vary from agent to agent.
The biggest factor to keep in mind will be the honesty of your Portsmouth estate agent, who may overvalue your property in an attempt to win your business.
This will mean that if you go with that estate agent and then struggle to sell, you will be stuck on the open market for months and will add unnecessary time to your house sale.
According to data from Home.co.uk, it takes an average of 136 days to sell a Portsmouth property via an estate agent in 2023.
If you have a slightly unusual property that you are looking to put on the market, then a Portsmouth property auctions could be for you.
When it comes to a house auction Portsmouth, you will need to get familiar with the difference between a guide price and a reserve price as these are set for each lot. A guide price is a lot like a valuation, it is the price that the auction house or the seller thinks the house is worth.
A reserve price, on the other hand, is the minimum amount a seller is willing to accept for the property, but this figure is often kept quiet. A guide price for a lot is like a valuation.
It's the price that an auction house or the seller thinks the property is worth. A reserve price on a lot is the minimum payment that the vendor will accept, but this is usually kept private.
To sell at a house auction Portsmouth, you should expect to pay around £300 to put your home into the auction on top of the 2.5%+VAT of the selling price alongside a further charge from any additional services like marketing and negotiations.
Yes, they can. While Portsmouth property auctions are often used by those with slightly unusual properties to sell, any property can be sold at an auction.
It is worth bearing in mind though that when you sell at auction you run the risk of not selling the property at all.
Most bidders at an auction are developers or investors looking to buy a property that needs modernisation, so there may be better routes than selling your family home on auction.
Usually, a property on sale at a house auction Portsmouth will sell for as little as 70% below the market value, but occasionally they can sell for 10% more. The average is about 85-90% below market value.
If you are seeking a quick sale, then a property cash buyers could be the route for you, offering a speedy process including, sale processing, valuation, and payment, after you accept their cash offer, the payment can usually be processed within a few days.
A cash buyers In Portsmouth is a company or person who can purchase your property without the need for a loan or mortgage to be able to complete the sale.
When you sell with a cash buyer you will still need to hire a conveyancer, which will be the longest part of the house-selling journey.
Fast property buyers Portsmouth will typically complete on a sale within two months of accepting an offer.
However, at The Property Buying Company, we can buy your property in as little as seven days, and then it is over to the conveyancer to complete the process.
It takes the average property purchasing company in Portsmouth around 2 months to complete a sale.
Here at The Property Buying Company, we can buy your property in as little as 7 days, and then it's over to the conveyancer to complete the process.
Whilst you will need to hire a solicitor, if you use one of our recommended fast and efficient solicitors, we will cover the costs for you.
The conveyancing timeline can vary from house sale to house sale, however, the average waiting time is between 6 to 8 weeks depending on the relationship and quality of the solicitor.
As a special thank you for selling with us, we will cover all your solicitors' costs.
Sell your house without an estate agent in Portsmouth
When you sell with fast property buyers Portsmouth there are no estate agents fees involved in our service. When you accept a cash offer from us, that is the amount you receive in FULL in your bank.
As a property purchasing company in Portsmouth, we cover all legal fees associated with selling a house, as a special thank you for choosing us.
Another benefit to selling through cash buyers in Portsmouth is that we have no hidden fees. We offer a transparent, honest, and upfront service.
As a property purchasing company in Portsmouth, we specialise in quick sales. However, we appreciate that not everyone wants to sell in 7 days. That’s why we sell in a timeline that suits you, whether that's 7 days or 3 months
When it comes to selling your Portsmouth property, there are many reasons you may choose to sell through a sell house fast company, besides wanting a fast and free sale.
People may also decide to sell through cash buyers in Portsmouth:
If you are selling an inherited house Portsmouth, or you are dealing with probate, then we can help you out. Here at The Property Buying Company, we can relieve you of any undue stress by making the process hassle-free, helping you release cash swiftly and securely.
If you are in the position of looking to stop house repossession Portsmouth, then we can help you to release equity from your property and buy your home back before the bank repossesses it.
If you are looking to sell tenanted property Portsmouth, then we can help. When you sell to The Property Buying Company, we take the stress out of the sale by taking over the tenancy and liaising with tenants, once you have accepted our cash offer.
If you are part of a Portsmouth property chain that has collapsed, we can help to get your sale back on track in as little as seven days.
Portsmouth is an exciting and busy city, brimming with hidden gems, amenities, great transport links, and more.
However, according to Home.co.uk, the average selling time in March 2023 was 136 days, which if you are looking for a quick and speedy sale is not ideal.
Below we have compiled our top tips to help you generate interest in your Portsmouth property.
If you live in the Portsmouth area and are looking to sell your house, why not sell to us? We understand you may still have some questions, so we have drawn up a few of our most commonly asked questions and answered them below to help:
The initial offer that you will receive from us is provided with the information you provide us about your property paired with our own market research around the area.
If you are happy with our ballpark figure, we will then send one of our Regional Managers to visit the property itself which will, in turn, allow us to provide a more concrete offer.
There are several benefits to selling using a sell house fast company like ourselves, but mostly it's that you can sell your home in as little as seven days for cash, it's entirely hassle-free, and everything is handled for you.
We can buy your home in as little as seven days in Portsmouth; however, we know this may not work for some, so we can operate to a timescale that best suits you.
Of course! We are proud members of two regulatory boards, the National Association of Property Buyers (NAPB) & The Property Ombudsman (TPO).
And we like to think that our reviews speak for themselves, with over 1,000 5-star reviews rating us as excellent on Trustpilot, you can feel safe in our hands.
If you're interested in finding out more about our service and how it works, then you can view some of these informative guides and service pages: