- Home
- Locations
- Hampshire
- Portsmouth
- Bridging Finance
Portsmouth, Hampshire
Bridging Finance
in Portsmouth
Expert bridging finance for property developers in Portsmouth. We connect you with competitive funding from our panel of 100+ lenders.
Portsmouth, Hampshire
Bridging Finance
in Portsmouth.
Live market data
Portsmouth
market snapshot.
HM Land Registry sold-price data for Portsmouth over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £252,000
- Sales (12m)
- 2,842
- YoY change
- +0.8%
- Approved (recent)
- 90
- Pipeline units
- 611
- Pipeline GDV
- £120.8M
Planning pipeline
Planning activity
in Portsmouth.
90 approved (last 12 months)
·112 pending
·611 units in pipeline·£120.8M estimated GDV·66% approval rate (last 12 months)Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 26/00706/PACOU | Application for prior approval (Schedule 2, Part 3, Class MA) for change of use … 20 Fratton Road Portsmouth PO1 5BX | - | - | Pending | 28/08/2026 |
| 26/00622/FUL | Change of use from mixed commercial (Class E) and residential (Class C3) to Dent… 25 Highland Road Southsea PO4 9DA | 1 | £252,000 | Approved | 27/08/2026 |
| 26/00709/FUL | Alterations to all elevations of the hotel's 8-storey accommodation block includ… Portsmouth Marriott Hotel Southampton Road Portsmouth PO6 4SH | - | - | Approved | 25/08/2026 |
| 26/00246/FUL | Conversion of the ground floor into two 1-bedroom flats, alterations to raise th… Flat Ground Floor 1B Devonshire Avenue Southsea PO4 9EA | - | - | Approved | 21/08/2026 |
| 25/01118/FUL | Construction of replacement dwellinghouse and associated works 22 Court Lane Portsmouth PO6 2LN | - | - | Approved | 10/08/2026 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 26/00979/FUL | Change of use from dwellinghouse (Class C3) to children's care home (Class C2) 55 Queens Road Portsmouth PO2 7LT | - | - | Pending | 26/08/2026 |
| 26/00971/FUL | Retrospective application for change of use from dwellinghouse (Class C3) to hou… 25 Mablethorpe Road Portsmouth PO6 3LH | - | - | Pending | 25/08/2026 |
| 26/00949/FUL | Change of use from dwellinghouse (Class C3) to house in multiple occupation (Cla… 8 Stubbington Avenue Portsmouth PO2 0HS | - | - | Pending | 18/08/2026 |
| 26/00915/FUL | Change of use from mixed caf� and amusement arcade (Sui Generis) to commercial (… Crown Bingo Hall High Street Portsmouth PO6 3BU | - | - | Pending | 07/08/2026 |
| 26/00899/FUL | Installation of an external escape staircase, personnel door, and 3no. first-flo… Unit B Fitzherbert Road Portsmouth PO6 1RU | - | - | Pending | 05/08/2026 |
Deal intelligence
Key schemes
in Portsmouth.
Indicative appraisals of the largest residential schemes in the Portsmouth planning pipeline. These 3 schemes represent an estimated £43.1M in combined GDV across 233 units, with indicative capital stacks for each.
Office to Residential Conversion Approved
Connect Centre Kingston Crescent Portsmouth PO2 8QL
£28.5M
Estimated GDV
Units
175
GDV / Unit
£163k
Build Cost (Range)
£15.4M–£19.5M
Residual Land Value
Tight
GDV estimated from the HM Land Registry flat median of £163,000. At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £28.5M |
| Construction (11,025 sqm @ £1,580/sqm mid) | −£17.4M |
| Externals, fees & contingency | −£5.2M |
| Finance (65% LTGDV, 24m) & sales costs | −£3.3M |
| Developer profit target (17.5% on GDV) | −£5.0M |
| Implied residual land value | Marginal |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Residential Development Awaiting decision
Site Of Former St Johns College Grove Road South Southsea PO5 3QW
£8.6M
Estimated GDV
Units
34
GDV / Unit
£252k
Build Cost (Range)
£3.2M–£4.1M
Residual Land Value
£1.6M
GDV estimated from the HM Land Registry blended median of £252,000. At benchmark build costs, the implied residual land value is £1,582,000 (£47k/unit) after a 17.5% developer profit target. Calculate GDV
| Gross Development Value | £8.6M |
| Construction (2,312 sqm @ £1,580/sqm mid) | −£3.7M |
| Externals, fees & contingency | −£987k |
| Finance (65% LTGDV, 18m) & sales costs | −£847k |
| Developer profit target (17.5% on GDV) | −£1.5M |
| Implied residual land value | £1.6M |
Broker insight: For a 34-unit scheme in Portsmouth, we would typically structure senior debt at 60-65% LTGDV with mezzanine available to reduce equity to as little as 10%. Run an appraisal to model your returns.
Residential Development Awaiting decision
38 Clarence Parade Southsea PO5 2ET
£6.0M
Estimated GDV
Units
24
GDV / Unit
£252k
Build Cost (Range)
£2.9M–£3.6M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £252,000. At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £6.0M |
| Construction (2,040 sqm @ £1,580/sqm mid) | −£3.2M |
| Externals, fees & contingency | −£872k |
| Finance (65% LTGDV, 18m) & sales costs | −£598k |
| Developer profit target (17.5% on GDV) | −£1.1M |
| Implied residual land value | Marginal |
Broker insight: For a 24-unit scheme in Portsmouth, we would typically structure senior debt at 60-65% LTGDV with mezzanine available to reduce equity to as little as 10%. Run an appraisal to model your returns.
Appraisal assumptions
- GDV: HM Land Registry flat median of £163,000.
- Build cost: £1,400-£1,770/sqm (conversion, indicative range informed by BCIS regional tender-price data, 2025/26) × 63 sqm/unit (NDSS-derived).
- On-costs: externals 12.5%, professional fees 8%, contingency 7.5%, sales & legals 3.5000000000000004% of GDV. Excludes CIL/Section 106, which vary by charging schedule and scheme.
- Finance: senior facility at 65% LTGDV, 8.5% pa on an average 57.49999999999999% drawdown over 24 months, plus 2.5% arrangement and exit fees.
- Residual land value assumes the industry-standard 17.5% developer profit-on-GDV target. Indicative appraisal, not a valuation or lending offer.
Land Registry data
Recent property sales
in Portsmouth.
2,842 residential transactions in the last twelve months. Median sold price £252,000 (+0.8% YoY). 1 new-build transactions with a % premium over existing stock.
Detached
£499,000
Semi-Detached
£330,000
Terraced
£260,000
Flat
£163,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 30 Jul 2026 | FLAT 1, ADMIRALS PLACE, 50, HAVANT ROADPO6 2QA | Flat | £148,000 | Leasehold |
| 29 Jul 2026 | 129, LANDGUARD ROADPO4 9DS | Terraced | £237,500 | Freehold |
| 28 Jul 2026 | 5, EAST COURTPO6 2NX | Detached | £500,000 | Freehold |
| 27 Jul 2026 | 135, LANGSTONE ROADPO3 6BT | Terraced | £385,000 | Freehold |
| 27 Jul 2026 | 9, OWEN STREETPO4 9PB | Terraced | £258,000 | Freehold |
| 27 Jul 2026 | 3, HOLLAND ROADPO4 0EB | Terraced | £185,000 | Freehold |
| 27 Jul 2026 | 132, HENDERSON ROADPO4 9TT | Detached | £315,000 | Freehold |
| 24 Jul 2026 | 96, GUILDFORD ROADPO1 5EB | Terraced | £210,000 | Freehold |
| 24 Jul 2026 | 71, ESSLEMONT ROADPO4 0ES | Terraced | £235,000 | Freehold |
| 24 Jul 2026 | FLAT 12B, KINGSWAY BUILDINGS, KINGSTON ROADPO1 5RY | Flat | £90,000 | Leasehold |
Source: HM Land Registry price paid data, 12 months to September 2026 · Portsmouth City Council planning register, retrieved September 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Indicative terms
Bridging Finance rates
for Portsmouth deals.
Typical pricing for bridging finance in Portsmouth. Actual terms depend on GDV, leverage, location and your experience — the numbers below are where most structured deals land.
Interest Rate
From 6.5% p.a.
Loan to Value
Up to 70% LTGDV
Typical Term
12-24 months
Arrangement Fee
1-2% of facility
Indicative only, subject to individual assessment. Actual terms issued against a completed Deal Room submission.
Representative deal
Example bridging finance
structure.
Illustrative 9-Unit Scheme, Portsmouth
An indicative appraisal for a nine-unit residential scheme priced at Portsmouth's own HM Land Registry medians with the locally measured new-build premium applied. Build costs use the regional £/sqm benchmark; every figure updates with the underlying market data.
GDV
£3,119,000
Loan Amount
£2,027,000
LTV
65% LTGDV
Loan Type
Bridging Finance
Representative only. Actual terms vary based on scheme specifics and are issued after underwriting.
Common questions
Bridging Finance in Portsmouth
— answered.
How active is the development pipeline in Portsmouth?
The Portsmouth City Council planning register currently shows 112 residential applications awaiting decision in Portsmouth, together proposing 167 units — the largest single scheme proposes 34 units. An active pipeline signals both developer confidence in local demand and lender familiarity with the market, which typically translates into more competitive finance terms.
Market intelligence
Local market
reports.
5 min read
Portsmouth Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition
Median price £252,000, 2,842 sales, +0.8% YoY. Hampshire county.
6 min read
Hampshire Property Market: Prices, Trends & Development Finance, Q3 2026 Edition
10 towns analysed. Median price £350,875, 20,651 transactions, -0.1% YoY.
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your Bridging 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.
Where we fund
Portsmouth,
Hampshire.
Adjacent products
Other services
in Portsmouth.
Development Finance
From 6.5% p.a. · Up to 65-70% LTGDV
Mezzanine Finance
From 12% p.a. · Up to 85-90% LTGDV
Bridging Loans
From 0.55% p.m. · Up to 75% LTV
Equity & Joint Ventures
Profit share from 40% · Up to 100% of costs
Refurbishment Finance
From 0.65% p.m. · Up to 75% LTV
Commercial Mortgages
From 5.5% p.a. · Up to 75% LTV
Development Exit Finance
From 0.55% p.m. · Up to 75% LTV
Nearby markets