Sold STC Flat

FLAT 2

THROGMORTON HOUSE, 27, ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH PO5 3HP

2 beds 1 baths 74 m² Listed 6 Jun 2025 (-409d)

£175,000

Offers in Excess of

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Property details

Tenure

LEASEHOLD (87 years remaining on lease)

Floor area

74 m²

Council tax band

A

Last sold

£175,000 Mar 2026

Local average

£155,872 (+12.3%)

Deprivation

Decile 5 (14,396 of 33,755)

Street crime

938 incidents within 1 mile (May 2026)

Key features

  • Two double bedrooms
  • Master with built-in wardrobes
  • Bay window in bedroom two
  • Spacious bright reception room
  • Integrated kitchen appliances
  • Walking distance to seafront
  • Heated towel rail in bathroom
  • Council Tax Band A
  • No onward chain
  • Strong rental income history

Description

For Sale: This generously proportioned, neutrally decorated flat is an ideal opportunity for both First-Time Buyers and Investors. Conveniently located in a highly sought-after location, this property is within walking distance to the beautiful Southsea Seafront, local amenities, and public transport links.

The flat comprises two sizeable double bedrooms. Bedroom one is the master bedroom, complete with built-in wardrobes, offering ample storage space. Bedroom two features a distinctive bay window, flooding the room with natural light. Both rooms provide a blank canvas ready for the new owners to make their mark.

The property also boasts a single well-appointed bathroom equipped with a heated towel rail and a shower over the bath.

The flat features a reception room, which is significantly spacious and bright, thanks to a large bay window. This room is perfect for both relaxing and entertaining guests.

The kitchen is smartly fitted with integrated appliances. It is designed with functionality in mind, making it a joy to cook in.

This property falls under Council Tax Band A and has an EPC rating of C, indicating a good level of energy efficiency. One of the key benefits of this property is the lack of an onward chain, making the purchase process potentially quicker and simpler. The property also has a history of strong rental income and offers scope for further improvement and value increase.

Don't miss out on this magnificent opportunity. Your dream home or investment property awaits you.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

SSE250244/2

Listed by

Southsea

National Home Move - LSL Franchise

Reference: 162981722

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Picture No. 01

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EPC Graphs

EPC Rating Graph

EPC Rating Graph

FENSA Certificates

This property has 4 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #8603625

Property Details

Street: 17 Elphinstone Road

Town: SOUTHSEA

Postcode: PO5 3HP

Installation Details

Items: 2 windows and 2 doors

Certificate Issued: 26/12/2011

Work Completed: 01/12/2011

This certificate data was retrieved from FENSA's database

FENSA Certificate #3983511

Property Details

Street: 17 Elphinstone Road

Town: SOUTHSEA

Postcode: PO5 3HP

Installation Details

Items: 2 windows

Certificate Issued: 28/08/2006

Work Completed: 03/08/2006

This certificate data was retrieved from FENSA's database

FENSA Certificate #3831568

Property Details

Street: 17 Elphinstone Road

Town: SOUTHSEA

Postcode: PO5 3HP

Installation Details

Items: 5 windows

Certificate Issued: 26/06/2006

Work Completed: 09/06/2006

This certificate data was retrieved from FENSA's database

FENSA Certificate #1003474

Property Details

Street: 17 Elphinstone Road

Town: SOUTHSEA

Postcode: PO5 3HP

Installation Details

Items: 1 window

Certificate Issued: 19/09/2003

Work Completed: 12/08/2003

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

265% since 1999

Event Date Price % change
Sold 27/03/2026 (3 months ago) £175,000 +264.6%
Sold 25/06/1999 (27 years ago) £48,000

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
10B ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3HR £167,000 19/12/2025 Flat
RAFFLES COURT, 28 - 30 FLAT 9 ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3HR £128,000 10/11/2023 Flat
ELPHINSTONE FLATS 1 ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3HB £262,000 11/10/2023 Flat
23 FLAT 1 SHAFTESBURY ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JP £250,000 10/07/2023 Flat
39 FLAT 1 SHAFTESBURY ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JP £58,000 21/06/2023 Flat
34 FLAT 3 ASHBURTON ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JT £230,000 02/06/2023 Flat
6 FLAT 1 ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3HR £198,000 24/03/2023 Flat
ISABELLE COURT, 69A 9 OSBORNE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3LS £242,000 13/01/2023 Flat
27A OSBORNE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3LR £200,000 02/12/2022 Flat
24 FLAT 4 ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3HR £174,000 15/11/2022 Flat
34 FLAT 1 ASHBURTON ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JT £190,000 08/07/2022 Flat
10C ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3HR £182,000 28/04/2022 Flat
Same street THROGMORTON HOUSE, 27 FLAT 6 ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3HP £122,500 20/04/2022 Flat
45 FLAT 5 SHAFTESBURY ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JP £150,000 05/04/2022 Flat
18 FLAT 2 ASHBURTON ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JT £210,000 17/02/2022 Flat
ISABELLE COURT, 69A 6 OSBORNE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3LS £174,500 13/01/2022 Flat
26A ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3HR £170,000 21/12/2021 Flat
37 FLAT 4 ASHBURTON ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JS £200,000 03/12/2021 Flat
Same street 7 FLAT 1 ELPHINSTONE ROAD, SOUTHSEA, PORTSMOUTH, PO5 3HP £196,000 01/12/2021 Flat
43 FLAT 6 SHAFTESBURY ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JP £120,000 18/11/2021 Flat
43A ASHBURTON ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JS £140,000 12/11/2021 Flat
43B ASHBURTON ROAD, SOUTHSEA, PORTSMOUTH, PO5 3JS £140,000 12/11/2021 Flat

Street average: £159,250 (2 sales)

Area average: £179,275 (20 sales)

Capital growth trend

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

5y growth -23.6%
10y growth 3.2%

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 £1,229/mo
Realistic £1,366/mo
Optimistic £1,503/mo

Based on Local Authority from postcode lookup → Portsmouth.

LHA (30th percentile) floor for Portsmouth: £843/mo (Apr 2025 – Mar 2026)

Location

Address

17 Elphinstone Road

Nearby

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

Type Name Distance
Shop Revive 0.1 miles
Shop Beauty i 0.1 miles
Bus stop Queens Hotel 0.1 miles
Bus stop Southsea Shops 0.1 miles
University St Andrew's Court Information Centre 0.7 miles
University Careers and Employability Service 0.7 miles
Train station Portsmouth and Southsea 0.8 miles
Train station Fratton 1.1 miles
Hospital Forton Medical Centre 2.5 miles
Hospital Elmleigh Hospital 7.1 miles

Street-level crime

Category Count
Violence and sexual offences 355
Anti-social behaviour 154
Public order 91
Shoplifting 88
Criminal damage and arson 53
Drugs 51
Vehicle crime 39
Other theft 36
Burglary 15
Bicycle theft 14
Robbery 14
Possession of weapons 13
Other crime 11
Theft from the person 4
Total incidents 938

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)
Cottage Grove Primary School and Nursery Primary 0.4 miles Requires improvement — 2 Oct 2024
St Jude's CofE Primary School Primary 0.5 miles Good — 5 Mar 2019
St Swithun's Catholic Primary School Primary 0.5 miles Good — 19 Feb 2016
Southsea Infant School Primary 0.5 miles Good — 9 Oct 2014

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
2 Bed Flat, Nightingale Road, PO5 £1,025/mo 2 0.12 miles OpenRent
2 Bed Flat, Wilton Exchange, PO5 £1,900/mo 2 0.3 miles OpenRent
2 Bed Flat, Pelham Road, PO5 £1,900/mo 2 0.3 miles OpenRent
2 Bed Flat, Elm Grove, PO5 £1,250/mo 2 0.33 miles OpenRent

Average rent: £1,519/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.9%
Max investor price (0.8%) £196,875
Target investor price (1%) £157,500
Gross yield 10.8%
Cost-to-rent ratio 9.3×
Monthly cashflow £703/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 16.6%
  • 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).