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St Thomas's Street, Old Portsmouth, Hampshire, PO1 2EZ
For saleReduced 12 Jan 2026
£399,500

St Thomas's Street, Old Portsmouth, Hampshire, PO1 2EZ

2bedrooms
1bathroom
Terracedtype
Freeholdtenure

Listed 25 Apr 2025 · price reduced 12 Jan 2026 · Portsmouth

How the price compares

This home£399,500
Median 2 bed in PO1£220k77 homes listed · £326 per sq ft
Difference+82%above the area median

About this home

Truly a case of "find another like it"! Standing directly opposite the Memorial Garden of Portsmouth Cathedral and available to the open market for the first time in twenty years, this highly individual TWO BEDROOM PERIOD PROPERTY is presented now as a fascinating BLANK CANVAS PROJECT holding immense potential for an incoming owner to create a home of character and charm. Parallel to the main High Street, St Thomas's Street runs between Oyster Street and Lombard Street, with "Peppercorn House" occupying a prime position overlooking the Romanesque 12th Century Cathedral of St Thomas. In the very heart of Old Portsmouth, the many attractions of this much sought-after and historic maritime enclave are close at hand, including: Spice Island and The Camber Dock, Gunwharf Quays leisure and retail complex, The Spinnaker Tower, National Museum of the Royal Navy, ancient city fortifications, Governors Green and Royal Garrison Church. Portsmouth and Southsea town centres are both less than one mile away and provide a combined comprehensive range of public amenities - schools, main-line stations, shops, etc. Dating from around 1700, Grade II Listed "Peppercorn House" forms part of a stylish and varied small group of period houses. Arranged over four floors, it features a rendered facade with splay bay window, all under a flat roof with open terrace. There is no garden as such. The property is IN NEED OF GENERAL MODERNISATION, offering much reward for a programme of refurbishment on the part of a buyer looking to implement their own tastes and ideas. Available now to the open market with the further asset of NO ONWARD CHAIN, full details of this interesting and appealing opportunity are given as follows: Balustraded steps up to panelled front door and through to: ENTRANCE HALL Exposed wall beams. Stairs to upper and lower floors. Built-in cloaks and storage cupboard. Feature lead-light, stained-glass window to bedroom. BEDROOM ONE - 4.01m x 4.29m (13'2" x 14'1") Reducing to 10'7 (3.23m). Pair of recessed sash windows to front elevation. Exposed ceiling beam. Period fireplace with brick hearth. Wood-panelled walls. Double panel radiator. Pair of doors from hall. Door to: EN-SUITE CLOAKROOM & W.C. White low flush w.c.  and corner handbasin. Extractor. FIRST FLOOR LANDING Exposed wall beams. LIVING ROOM - 5.41m x 4.14m (17'9" x 13'7") Splay bay window to front elevation. Exposed ceiling beam. Stained-glass, lead-light panel to rear window. Feature brick fire surround and chimney breast, the open grate having living-gas coal-effect fire. 2 double power points. SECOND FLOOR LANDING

Cast-iron spiral staircase leading to skylight and roof terrace beyond. BEDROOM TWO - 3.61m x 3.33m (11'10" x 10'11") Casement window to front elevation. Exposed wall beam. Double panel radiator. Pair of doors to: DRESSING ROOM - 2.21m x 1.78m (7'3" x 5'10") Exposed wall beam. BATHROOM & W.C. - 2.95m x 2.34m (9'8" x 7'8") White suite comprising: panelled bath with mixer tap and shower attachment together with 'Mira' independent shower mixer, pedestal handbasin, bidet, and low flush w.c. Casement window to rear elevation. Built-in cupboard housing 'Vaillant' gas fired central heating and hot water boiler. Double panel radiator. Cast-iron Victorian fireplace. BASEMENT KITCHEN - 5.13m x 3.15m (16'10" x 10'4") Fitted and equipped with: pinewood base and wall cupboards, tiled work surfaces and surround, single drainer ceramic inset sink with mixer tap, electric oven, microwave, 5-ring gas hob with integrated extractor canopy. Plumbing for washing machine. Double panel radiator. Built-in storage cupboard. Tiled floor. Two small windows at pavement level. Exposed ceiling and wall beams. OUTSIDE 'Peppercorn House' has no garden as such but features a ROOF TERRACE - 5.49m x 4.65m (18'0" x 15'3") Laid to paving. Railed balustrade to the rear elevation only. IMPORTANT NOTICE Those inspecting the roof terrace are advised to take special care when doing so. It is NOT fully enclosed and is potentially hazardous. PARKING A residents' parking scheme operates in the immediate area, with permits available upon application to Portsmouth City Council. EPC C  Energy Rating 'D' (Floor Area 102 sq m approx.) COUNCIL TAX Band 'E' - £2,800.98 per annum (2026-27). VIEWING By appointment with SOLE AGENTS, D.M. NESBIT & CO. (17802/052376)

Property details

Property type
Terraced
Council tax band
E
Tenure
Freehold
Parking
Yes

Floorplan

Floorplan 1Floorplan 2

Location

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  • Portsmouth Harbour Station0.4 mi
  • Portsmouth & Southsea Station0.7 mi
  • Fratton Station1.3 mi

What nearby homes sold for

Median sold prices in PO1 over the last 12 months: terraced £225k · flat £205k · semi-detached £209k.

AddressTypeSoldPrice
36 St Thomass Street
Portsmouth PO1 2EZ
Terraced
Freehold
18 Sept 2025£600,000
85 St Thomass Street
Portsmouth PO1 2EZ
Terraced
Freehold
30 Apr 2025£510,000
80 St Thomass Street
Portsmouth PO1 2EZ
Terraced
Freehold
28 Oct 2024£425,000
49 St Thomass Street
Portsmouth PO1 2EZ
Terraced
Freehold
19 Aug 2024£581,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in PO1

Buying costs

Monthly repayment£1,998£39,950 deposit · £359,550 loan
Stamp Duty£9,975England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Nesbits, Southsea on Rightmove (original listing). First listed 25 Apr 2025; details checked 7 Nov 2026. Latest change: reduced on 12/01/2026.

Agent disclaimer

Disclaimer - Property reference S1288738. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nesbits, Southsea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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