Sold STC Flat

27 SOUTH STREET

SOUTHSEA, PORTSMOUTH PO5 4DP

1 beds 1 baths 52 m² Listed 24 Aug 2023 (-1073d)

£130,000

Guide Price

Save

Listing type

Auction

Front Lounge Kitchen Bathroom Bedroom Lounge Front Bedroom Kitchen Lounge Front Kitchen Lounge

/ 13

Property details

Listing category

Auction

Tenure

LEASEHOLD

Floor area

52 m²

Council tax band

TBC

EPC rating

D

Last sold

£129,000 Nov 2023

Price per m²

£2,500/m²

Local average

£153,625 (-15.4%)

Deprivation

Decile 2 (4,038 of 33,755)

Street crime

1086 incidents within 1 mile (May 2026)

Key features

  • NO ONWARD CHAIN
  • ONE DOUBLE BEDROOM
  • GROUND FLOOR APARTMENT
  • SOUGHT AFTER LOCATION
  • WELL PRESENTED THROUGHOUT
  • MODERN KITCHEN & BATHROOM
  • CUL-DE-SAC LOCATION
  • PURPOSE BUILT BLOCK

Description

*NO ONWARD CHAIN!* Well presented ONE DOUBLE BEDROOM purpose built ground floor apartment situated in the popular cul-de-sac location of South Street, Southsea. The spacious accommodation comprises; entrance hall with multiple storage cupboards, large lounge, double bedroom, modern kitchen & modern bathroom. Externally there is a lockable storage cupboard. Call today to arrange your viewing!

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the reservation. Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Listed by

Portsmouth

Countrywide UK Sales - Connells

Reference: 139057247

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 13/10/2016

Expiry date: 12/10/2026

Current heating cost: £449/year

Potential heating cost: £327/year

Est. upgrade cost to C: £14,000

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (solid floor) (£4,000 - £6,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FLOOR-PLAN

FLOOR-PLAN

EPC Graphs

EPC Rating Graph

EPC Rating Graph

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #774810

Property Details

Street: 27 South Street

Town: SOUTHSEA

Postcode: PO5 4DP

Installation Details

Items: 6 windows

Certificate Issued: 21/07/2003

Work Completed: 31/03/2003

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

24% since 2013

Event Date Price % change
Sold 22/11/2023 (2 years ago) £129,000 +3.2%
Sold 31/03/2017 (9 years ago) £125,000 +20.2%
Sold 01/02/2013 (13 years ago) £104,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
CORONATION HOUSE, 1 6 KINGS TERRACE, SOUTHSEA, PORTSMOUTH, PO5 3AR £300,000 19/12/2025 Flat
82 KINGS ROAD, SOUTHSEA, PORTSMOUTH, PO5 4DN £200,000 18/12/2025 Flat
134 KINGS ROAD, SOUTHSEA, PORTSMOUTH, PO5 4DW £114,770 07/03/2025 Flat
1 LITTLE SOUTHSEA STREET, SOUTHSEA, PORTSMOUTH, PO5 3DD £105,000 21/08/2024 Flat
6D LANDPORT TERRACE, PORTSMOUTH, PO1 2RG £260,000 18/06/2024 Flat
40 ST PAULS ROAD, SOUTHSEA, PORTSMOUTH, PO5 4AF £63,000 13/11/2023 Flat
37 KING STREET, SOUTHSEA, PORTSMOUTH, PO5 4EQ £190,000 31/08/2023 Flat
26 YORKE STREET, SOUTHSEA, PORTSMOUTH, PO5 4EJ £165,000 04/08/2023 Flat
28B CASTLE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3DE £200,000 05/04/2023 Flat
16 YORKE STREET, SOUTHSEA, PORTSMOUTH, PO5 4EJ £155,000 24/03/2023 Flat
THE HORSESHOE APARTMENTS, 1 - 3 14 KINGS ROAD, SOUTHSEA, PORTSMOUTH, PO5 4EF £170,000 13/01/2023 Flat
8E LANDPORT TERRACE, PORTSMOUTH, PO1 2RG £160,000 02/12/2022 Flat
HAVENCROFT FLAT 6 BUSH STREET EAST, SOUTHSEA, PORTSMOUTH, PO5 3BL £165,000 15/11/2022 Flat
30 NORFOLK STREET, SOUTHSEA, PORTSMOUTH, PO5 4DS £160,000 11/11/2022 Flat
PRINCE REGENT COURT 3 KING STREET, SOUTHSEA, PORTSMOUTH, PO5 4EA £180,000 13/10/2022 Flat
65 YORKE STREET, SOUTHSEA, PORTSMOUTH, PO5 4EL £175,000 08/08/2022 Flat
21 - 22 FLAT 8 LANDPORT TERRACE, PORTSMOUTH, PO1 2RG £135,000 05/08/2022 Flat
9 YORKE STREET, SOUTHSEA, PORTSMOUTH, PO5 4EJ £150,000 01/07/2022 Flat
PRINCE REGENT COURT 17 KING STREET, SOUTHSEA, PORTSMOUTH, PO5 4EA £161,000 19/05/2022 Flat
20 YORKE STREET, SOUTHSEA, PORTSMOUTH, PO5 4EJ £160,000 29/04/2022 Flat

Area average: £168,439 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -10.2%
10y growth 4.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Portsmouth. Series: Flats and maisonettes. As of April 2026.

1y (index) -3.6%
5y (index) 2.7%
10y (index) 23.7%

Rental Range

Estimated market rent for Portsmouth. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,230/mo
Realistic £1,367/mo
Optimistic £1,504/mo

Based on Local Authority from postcode lookup → Portsmouth.

LHA (30th percentile) floor for Portsmouth: £693/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Kings Road Junction 0.1 miles
Shop Webbies 0.1 miles
Shop the terrace 0.1 miles
University St Andrew's Court Information Centre 0.3 miles
University Careers and Employability Service 0.3 miles
Train station Portsmouth and Southsea 0.5 miles
Train station Portsmouth Harbour 0.8 miles
Hospital Forton Medical Centre 2.3 miles
Hospital Elmleigh Hospital 6.9 miles

Street-level crime

Category Count
Violence and sexual offences 414
Anti-social behaviour 179
Public order 105
Shoplifting 86
Drugs 64
Criminal damage and arson 57
Vehicle crime 50
Other theft 41
Robbery 20
Possession of weapons 19
Burglary 17
Bicycle theft 16
Other crime 12
Theft from the person 6
Total incidents 1086

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Portsmouth High School Other 0.2 miles (No rating)
University of Portsmouth Other 0.3 miles (No rating)
Cottage Grove Primary School and Nursery Primary 0.3 miles Requires improvement — 2 Oct 2024
St Jude's CofE Primary School Primary 0.3 miles Good — 5 Mar 2019
The Portsmouth Grammar School Other 0.3 miles (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Landport Terrace, PO1 £1,100/mo 1 0.11 miles OpenRent
1 Bed Flat, Homerose House, PO5 £975/mo 1 0.24 miles OpenRent
1 Bed Flat, Cottage Grove, PO5 £799/mo 1 0.27 miles OpenRent
1 Bed Flat, Enterprise House, PO1 £995/mo 1 0.47 miles OpenRent
1 Bed Flat, Enterprise House, PO1 £950/mo 1 0.47 miles OpenRent
1 Bed Flat, Blue Building, PO1 £1,500/mo 1 0.48 miles OpenRent

Average rent: £1,053/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.76%
Max investor price (0.8%) £123,125
Target investor price (1%) £98,500
Gross yield 9.1%
Cost-to-rent ratio 11×
Monthly cashflow £350/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 11.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).