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Hampshire

Portsmouth
development finance.

Expert property development finance in Portsmouth, Hampshire. Median price £254,750, 1,896 annual sales. We connect developers with competitive funding from 100+ lenders.

Start a Portsmouth dealOr call +44 20 3816 3693
Median price
£255k
Sales (12m)
1,896
YoY change
+1.9%
Southampton waterfront with boats

Portsmouth, Hampshire

Property finance
in Portsmouth.

Portsmouth - naval city with waterfront development opportunities and strong rental demand from military personnel. With a median property price of £254,750 and 1,896 transactions in the last twelve months, Portsmouth represents a healthy market with prices up 1.9% year-on-year.

Detached homes command a median of £537,500 while flats average £165,000, reflecting the breadth of Portsmouth's residential market. Terraced houses sit at £260,000, offering developers a range of scheme types from conversions to ground-up residential.

Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Portsmouth and the wider Hampshire area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.

Portsmouth Property Market ReportHampshire County Market Report

The capital stack

Seven funding routes for
every Portsmouth scheme.

Senior debt, mezzanine, bridging, equity, refurbishment, commercial mortgages and exit finance — arranged for Portsmouth developers on the deal, not the product sheet.

Development Finance

Senior debt funding for ground-up residential and commercial developments.

From 6.5% p.a.Up to 65-70% LTGDV
Development Finance in Portsmouth

Mezzanine Finance

Stretch your capital stack beyond senior debt to reduce equity requirements.

From 12% p.a.Up to 85-90% LTGDV
Mezzanine Finance in Portsmouth

Bridging Loans

Short-term finance for acquisitions, auction purchases and time-sensitive deals.

From 0.55% p.m.Up to 75% LTV
Bridging Loans in Portsmouth

Equity & Joint Ventures

Equity partnerships and JV structures for developers seeking capital partners.

Profit share from 40%Up to 100% of costs
Equity & Joint Ventures in Portsmouth

Refurbishment Finance

Funding for light and heavy refurbishment projects including conversions.

From 0.65% p.m.Up to 75% LTV
Refurbishment Finance in Portsmouth

Commercial Mortgages

Long-term finance for commercial property acquisition and refinancing.

From 5.5% p.a.Up to 75% LTV
Commercial Mortgages in Portsmouth

Development Exit Finance

Short-term funding to repay development finance while you sell completed units.

From 0.55% p.m.Up to 75% LTV
Development Exit Finance in Portsmouth

Live market data

Portsmouth
market snapshot.

HM Land Registry sold-price data for Portsmouth over the last twelve months, cross-referenced with local planning pipeline. Updated weekly.

Median price
£254,750
Sales (12m)
1,896
YoY change
+1.9%
Approved (12m)
0
Pipeline units
519
Pipeline GDV
£108.1M

Portsmouth development appraisal

Model the numbers
for your scheme.

Pre-populated with Portsmouth median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.

Scheme Inputs

Pre-populated with Portsmouth median prices. Adjust to match your scheme.

£
£
£
%

Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£1,467,300
Senior Debt (65% LTGDV)£1,306,500
Equity Required£160,800
Interest (18m)£146,981
Profit on Cost24.5%
Senior Debt£1,306,500
Equity£160,800
Get Terms for This Scheme

Land Registry data

Recent property sales
in Portsmouth.

1,896 residential transactions in the last twelve months. Median sold price £254,750 (+1.9% YoY)

Detached

£537,500

Semi-Detached

£335,000

Terraced

£260,000

Flat

£165,000

DateAddressTypePrice
25 Feb 20262, DRAYTON ROADPO2 7HWOther£321,700
25 Feb 202644, FORDINGBRIDGE ROADPO4 9JWTerraced£367,000
20 Feb 202620, COPSEY GROVEPO6 1NBTerraced£218,000
20 Feb 2026100, FRENSHAM ROADPO4 8AGTerraced£378,500
20 Feb 2026FLAT 1, MAUREEN FOYE COURT, HASLEMERE ROADPO4 9DZFlat£190,000
20 Feb 202691, METHUEN ROADPO4 9HQTerraced£262,500
20 Feb 202686, OXFORD ROADPO5 1NRTerraced£231,000
20 Feb 202662, PITCROFT ROADPO2 8BETerraced£230,000
20 Feb 202620, EPWORTH ROADPO2 0HDTerraced£210,000
19 Feb 202669, MANNERS ROADPO4 0BATerraced£350,000

Planning pipeline

Planning activity
in Portsmouth.

0 approved (12m)
·
95 pending
·136 units in pipeline·£33.4M estimated GDV·0% approval rate

Current Applications

RefProposalUnitsEst. GDVStatus
26/00496/FUL

Change of use from five bedroom House in Multiple Occupation (Class C4), to eigh…

38 Manners Road Southsea PO4 0BB

--Pending
26/00486/FUL

Change of use from dwellinghouse (Class C3), to seven bedroom/seven person House…

135 Kirby Road Portsmouth PO2 0PX

1£254,750Pending
26/00476/LBC

Replacement of principal entrance door

116 - 118 Commercial Road Portsmouth PO1 1EP

--Pending
26/00475/FUL

Replacement of principal entrance door

116 - 118 Commercial Road Portsmouth PO1 1EP

--Pending
26/00469/FUL

Construction of rear extension at ground floor level to create one additional ap…

21-22 Western Parade Southsea

--Pending

Common questions

Property finance in Portsmouth
— answered.

What is the average property price in Portsmouth?
The median property price in Portsmouth is £254,750, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £537,500, semi-detached properties at £335,000, terraced houses at £260,000, flats at £165,000.
Is Portsmouth a good area for property development?
Portsmouth recorded 1,896 property transactions in the last 12 months, with prices up 1.9% year-on-year - suggesting sustained buyer demand. Naval city with waterfront development opportunities and strong rental demand from military personnel. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Portsmouth?
We arrange the full range of property development finance in Portsmouth: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Portsmouth?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Portsmouth?
Development finance rates for Portsmouth projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £2.0M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Expert guides

Further reading
on development finance.

Hidden Arrangement Fees in Development Finance: What Lenders Don't Tell You

9 min read read

Insurance Requirements in Development Finance: Costs You Can't Avoid

9 min read read

Building Control Fees and Development Finance: Satisfying Lender Requirements

9 min read read

Development Exit Finance: Avoiding Default When Sales Are Slow

12 min read read
View all guides

Where we fund

Portsmouth,
Hampshire.

Nearby markets

Adjacent towns
we also fund.

Southampton

Median · £248,750

Port city with major waterfront regeneration and growing student population from two universities

Winchester

Median · £450,000

Historic cathedral city commanding premium values with conservation area development opportunities

Basingstoke

Median · £367,000

M3 corridor commercial hub with corporate headquarters presence and growing residential demand

Andover

Median · £345,000

Army garrison town with steady housing demand and development land availability

Farnborough

Median · £357,000

Defence and aviation hub with commercial property demand and Blackwater Valley growth

Eastleigh

Median · £330,000

Southampton overspill town with good rail links and growing town centre regeneration

Ready when you are

Tell us the deal.
We’ll recommend the structure.

Submit your development finance enquiry in Portsmouth and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.

Enter the Deal RoomOr call +44 20 3816 3693