# 1 bedroom flat for sale (PO5 4DP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 27 SOUTH STREET, SOUTHSEA, PORTSMOUTH PO5 4DP |
| Price | £130,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £129,000 Nov 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 12/10/2026
- **Current heating cost:** £449/year
- **Est. upgrade cost to C:** £14,000

### Recommendations
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9578-3919-7200-0216-8994)

## 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.

## Property Photos

- ![Front](/listings/photos/139057247/1640609) - Front
- ![Lounge](/listings/photos/139057247/1640610) - Lounge
- ![Kitchen](/listings/photos/139057247/1640611) - Kitchen
- ![Bathroom](/listings/photos/139057247/1640612) - Bathroom
- ![Bedroom](/listings/photos/139057247/1640613) - Bedroom
- ![Lounge](/listings/photos/139057247/1640614) - Lounge
- ![Front](/listings/photos/139057247/1640615) - Front
- ![Bedroom](/listings/photos/139057247/1640616) - Bedroom
- ![Kitchen](/listings/photos/139057247/1640617) - Kitchen
- ![Lounge](/listings/photos/139057247/1640618) - Lounge
- ![Front](/listings/photos/139057247/1640619) - Front
- ![Kitchen](/listings/photos/139057247/1640620) - Kitchen
- ![Lounge](/listings/photos/139057247/1640621) - Lounge

## Floorplans

- ![FLOOR-PLAN](/listings/photos/139057247/1640622) - FLOOR-PLAN

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/139057247/1640623) - EPC Rating Graph

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #774810
- **Address:** 27 South Street, SOUTHSEA, PO5 4DP
- **Certificate Issued:** 21/07/2003
- **Work Completed:** 31/03/2003
- **Items:** 6 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 27 SOUTH STREET, SOUTHSEA, PORTSMOUTH, PO5 4DP | £129,000 | 22/11/2023 | Flat |
| 27 SOUTH STREET, SOUTHSEA, PORTSMOUTH, PO5 4DP | £125,000 | 31/03/2017 | Flat |
| 27 SOUTH STREET, SOUTHSEA, PORTSMOUTH, PO5 4DP | £104,000 | 01/02/2013 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £153,625 (44 Flat, PO5, 2024–2026)
- **Deviation:** -15.4%

## Rental Range

*ONS Price Index of Private Rents (Portsmouth). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,230/mo
- **Realistic:** £1,367/mo
- **Optimistic:** £1,504/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Portsmouth (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £693/mo

## 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)**

## 1% Rule

- **Rent ratio:** 0.76% (weak for cashflow)
- **Max investor price (0.8%):** £123,125
- **Target investor price (1%):** £98,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £985/mo).*

- **Gross yield:** 9.1%
- **Cost-to-rent:** 11×
- **Monthly cashflow:** £350/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £2,500/m²

## Capital growth trend

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

- **5y growth:** -9.9%
- **10y growth:** 4%

## House Price Index (HM Land Registry)

*Official index for Portsmouth; Flats and maisonettes series; as of April 2026.*

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

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)