PO2Portsmouth

Southsea & Central Portsmouth

Southsea & Central Portsmouth investment guide. Average gross yield 5.6%, landlord's market rental demand.

5.6%avg gross yield

£230kavg sold price (592 sales, 12mo)

Landlord's marketrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

5.6%

+0.1% vs Portsmouth avg (5.5%)

Average Asking Price

£230,000

high confidence (592 sales)

Est. Monthly Rent

£1,158

2-bed · 3-bed £1,397 · 7.1% yield

Price Per Sq Ft

£248

City avg £305/sqft · 57 below average

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in PO2

1-bed

£837

per month

5.7% yield

2-bed

£1,158

per month

7.1% yield

3-bed

£1,397

per month

6.7% yield

4-bed

£1,929

per month

7.6% yield

Ownership mix

PO2 vs UK average · 24,409 dwellings · Source: ONS Census 2021

Distinct tenure mix: 23% owned outright (10pp lower than the UK average of 33%).

Owned outrightNo mortgage on the property

22.7%(UK 32.9%)

-10.2pp vs UK

Owned with mortgageIncluding shared ownership

29.0%(UK 29.7%)

-0.7pp vs UK

Privately rented (BTL)Private landlord or letting agent

27.5%(UK 20.3%)

+7.2pp vs UK

Socially rentedCouncil or housing association

20.8%(UK 17.1%)

+3.7pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in PO2

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	6.9%	£236,268	£1,352
Semi-detached →	5.5%	£312,296	£1,433
Detached →	4.5%	£385,841	£1,436
Flat →	9.3%	£142,886	£1,103

Explore by strategy

Live data for each property type across Portsmouth.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About Southsea & Central Portsmouth (PO2, Portsmouth)

PO2 attracts property investors seeking solid rental yields in a established residential area with strong demand dynamics. The 5.6% average gross yield, combined with a landlord's market environment, creates favourable conditions for portfolio building and stable rental income.

The tenant mix is diverse and spans multiple demographics, with particular strength in 2-bedroom and 4-bedroom properties where yields peak at 7.1% and 7.6% respectively. This suggests strong demand from both young professionals and families, indicating resilient long-term occupancy rates across different unit types.

Investors should monitor local authority planning policies and any future regeneration initiatives that could affect property values and rental demand. Additionally, the variance in yields across bedroom sizes (5.7% to 7.6%) warrants careful consideration of which property type aligns with local lettings market demand before purchase.

Sold Price Trend - PO2

Average sold price, last 8 quarters

+10.3% over 2 years

Flip Activity - PO2

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+35.6%

after HPI adjust

Median hold

10 mo

Flip rate

0.4%

of all sales

Recent case studies

jervis road

Terraced

Bought Jul 25

£160k

Sold Feb 26

£217k

7 mo+35.6%

winton road

Semi

Bought Oct 24

£243k

Sold Oct 25

£323k

12 mo+35.1%*

Gross 33.0%

ranelagh road

Terraced

Bought Nov 24

£165k

Sold Jul 25

£223k

8 mo+36.1%*

langley road

Terraced

Bought Apr 24

£157k

Sold Mar 25

£199k

11 mo+22.2%*

Gross 26.6%

kensington road

Semi

Bought Jul 23

£230k

Sold May 24

£348k

10 mo+57.3%*

Gross 51.1%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - PO2

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

Article 4 directions cover parts of Portsmouth. The exact street-level coverage varies — confirm with the council before exchanging.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

Nearby Postcodes