PO3Portsmouth

Central Portsmouth & Southsea

Central Portsmouth & Southsea investment guide. Average gross yield 5.8%, unknown rental demand.

5.8%avg gross yield

£270kavg sold price (308 sales, 12mo)

Unknownrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

5.8%

+0.3% vs Portsmouth avg (5.5%)

Average Asking Price

£270,000

high confidence (308 sales)

Est. Monthly Rent

£1,216

2-bed · 3-bed £1,707 · 6.7% yield

Price Per Sq Ft

£286

City avg £305/sqft · 19 below average

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in PO3

1-bed

£1,017

per month

5.9% yield

2-bed

£1,216

per month

6.7% yield

3-bed

£1,707

per month

7.0% yield

4-bed

£1,798

per month

6.6% yield

Ownership mix

PO3 vs UK average · 14,149 dwellings · Source: ONS Census 2021

Mortgage-driven market: 36% owned with mortgage (7pp higher than the UK average of 30%).

Owned outrightNo mortgage on the property

32.2%(UK 32.9%)

-0.7pp vs UK

Owned with mortgageIncluding shared ownership

36.4%(UK 29.7%)

+6.7pp vs UK

Privately rented (BTL)Private landlord or letting agent

19.8%(UK 20.3%)

-0.5pp vs UK

Socially rentedCouncil or housing association

11.6%(UK 17.1%)

-5.5pp vs UK

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

Yield by Property Type

Gross yield breakdown across property types in PO3

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	6.5%	£279,980	£1,517
Semi-detached →	6.2%	£286,554	£1,474
Detached →	5.3%	£362,784	£1,609
Flat →	9.1%	£163,000	£1,233

Explore by strategy

Live data for each property type across Portsmouth.

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

About Central Portsmouth & Southsea (PO3, Portsmouth)

PO3 attracts buy-to-let investors seeking solid gross yields averaging 5.8%, with particularly strong returns on 3-bedroom properties (7% yield). The area's accessibility and established residential character make it a consistent performer for portfolio builders looking at mid-range entry points around £270,000.

The tenant demographic is diverse, reflecting Portsmouth's mixed residential base. 2-bedroom and 3-bedroom properties command the strongest rental demand and yields (6.7-7%), suggesting appeal to young families and professional sharers, whilst 1-bedroom units serve the single-occupant and first-time renter market.

Investors should note that rental demand data is currently unknown for this postcode, making it essential to conduct independent lettings research before committing capital. Market volatility, local competition from other landlords, and broader Portsmouth economic conditions warrant careful due diligence alongside yield calculations.

Sold Price Trend - PO3

Average sold price, last 8 quarters

+1.4% over 2 years

Flip Activity - PO3

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

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+86.0%

after HPI adjust

Median hold

5 mo

Flip rate

0.2%

of all sales

Recent case studies

holdenby court

Detached

Bought Sept 25

£242k

Sold Feb 26

£450k

5 mo+86.0%

* 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 - PO3

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

Adjacent areas with comparable investment profiles

PO16.3%

Central Portsmouth & Southsea

Portsmouth

View area guide

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