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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
- £255,000
- Sales (12m)
- 2,017
- YoY change
- +2%
- Pipeline units
- 109
- Pipeline GDV
- £26.8M
Planning pipeline
Planning activity
in Portsmouth.
37 residential applications awaiting decision
·109 units in pipeline·£26.8M estimated GDVCurrent Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 26/00496/FUL | Change of use from five bedroom House in Multiple Occupation (Class C4), to eigh… 38 Manners Road Southsea PO4 0BB | - | - | Pending | 17/04/2026 |
| 26/00486/FUL | Change of use from dwellinghouse (Class C3), to seven bedroom/seven person House… 135 Kirby Road Portsmouth PO2 0PX | 1 | £254,750 | Pending | 15/04/2026 |
| 26/00472/FUL | Change of use from House in Multiple Occupation (Class C4), to 7 bedroom/ 7 pers… 16 Tottenham Road Portsmouth PO1 1QL | - | - | Pending | 14/04/2026 |
| 26/00463/FUL | Change of use from house in Multiple Occupation (Class C4) to seven person/seven… 3 Lawson Road Southsea PO5 1SD | - | - | Pending | 13/04/2026 |
| 26/00443/FUL | Change of use of upper floor flat (Class C3) to house in multiple occupation (Cl… 140B Lake Road Portsmouth PO1 4HH | - | - | Pending | 10/04/2026 |
Deal intelligence
Key schemes
in Portsmouth.
Indicative appraisals of the largest residential schemes in the Portsmouth planning pipeline (all currently awaiting decision). These 3 schemes represent an estimated £8.7M in combined GDV across 34 units, with indicative capital stacks for each.
Residential Development Awaiting decision
Portsmouth Grammar School Cambridge Road Portsmouth
£4.1M
Estimated GDV
Units
16
GDV / Unit
£255k
Build Cost (Range)
£1.9M–£2.4M
Residual Land Value
£233k
GDV estimated from the HM Land Registry blended median of £255,000. At benchmark build costs, the implied residual land value is £233,000 (£15k/unit) after a 17.5% developer profit target. Calculate GDV
| Gross Development Value | £4.1M |
| Construction (1,360 sqm @ £1,580/sqm mid) | −£2.1M |
| Externals, fees & contingency | −£581k |
| Finance (65% LTGDV, 18m) & sales costs | −£403k |
| Developer profit target (17.5% on GDV) | −£714k |
| Implied residual land value | £233k |
Broker insight: For a 16-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.
Small-Scale Development Awaiting decision
77 North End Avenue Portsmouth PO2 9EA
£2.3M
Estimated GDV
Units
9
GDV / Unit
£255k
Build Cost (Range)
£1.2M–£1.5M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £255,000. 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 | £2.3M |
| Construction (855 sqm @ £1,580/sqm mid) | −£1.4M |
| Externals, fees & contingency | −£365k |
| Finance (65% LTGDV, 12m) & sales costs | −£190k |
| Developer profit target (17.5% on GDV) | −£402k |
| Implied residual land value | Marginal |
Broker insight: For a 9-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.
Small-Scale Development Awaiting decision
92 Gladys Avenue Portsmouth PO2 9BH
£2.3M
Estimated GDV
Units
9
GDV / Unit
£255k
Build Cost (Range)
£1.2M–£1.5M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £255,000. 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 | £2.3M |
| Construction (855 sqm @ £1,580/sqm mid) | −£1.4M |
| Externals, fees & contingency | −£365k |
| Finance (65% LTGDV, 12m) & sales costs | −£190k |
| Developer profit target (17.5% on GDV) | −£402k |
| Implied residual land value | Marginal |
Broker insight: For a 9-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 blended median of £255,000.
- Build cost: £1,400-£1,770/sqm (conversion, indicative range informed by BCIS regional tender-price data, 2025/26) × 85 sqm/unit (NDSS-derived).
- On-costs: externals 10%, 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 18 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.
2,017 residential transactions in the last twelve months. Median sold price £255,000 (+2% YoY)
Detached
£505,000
Semi-Detached
£335,000
Terraced
£260,000
Flat
£165,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 26 Jun 2026 | 8, STATION ROADPO3 5BG | Terraced | £200,000 | Freehold |
| 26 Jun 2026 | 30, COLLINS ROADPO4 9NZ | Terraced | £276,500 | Freehold |
| 25 Jun 2026 | 13, LANGDALE AVENUEPO6 2NU | Terraced | £325,000 | Freehold |
| 25 Jun 2026 | 62, COPSEY GROVEPO6 1NB | Terraced | £337,500 | Freehold |
| 25 Jun 2026 | 8, CARSHALTON AVENUEPO6 2JT | Semi-Detached | £520,000 | Freehold |
| 24 Jun 2026 | 83, HIGHGATE ROADPO3 5AS | Terraced | £238,000 | Freehold |
| 23 Jun 2026 | 29, EXMOUTH ROADPO5 2QL | Terraced | £240,000 | Freehold |
| 22 Jun 2026 | FLAT 72, HOLMBUSH COURT, QUEENS CRESCENTPO5 3HZ | Flat | £235,000 | Leasehold |
| 19 Jun 2026 | FLAT 10, FORBES COURT, 373, LONDON ROADPO2 9HJ | Flat | £165,000 | Leasehold |
| 19 Jun 2026 | 11, MANOR PARK AVENUEPO3 5BD | Terraced | £217,500 | Freehold |
Source: HM Land Registry price paid data, 12 months to August 2026 · Portsmouth City Council planning register, retrieved May 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
£3,166,000
Loan Amount
£2,058,000
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 37 residential applications awaiting decision in Portsmouth, together proposing 109 units — the largest single scheme proposes 16 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, End of H1 2026
Median price £254,000, 2,051 sales, +1.6% YoY. Hampshire county.
5 min read
Hampshire Property Market: Prices, Trends & Development Finance, End of H1 2026
10 towns analysed. Median price £346,500, 14,700 transactions, -0.4% 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