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2 bed flat for sale Palmerston Road, Southsea, PO5

Guide price

£200,000

Added on 26/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £367 per sq ft
Tenure: Leasehold

About this property

Situated in a highly sought-after central Southsea location, this well-positioned two-bedroom split-level flat offers an excellent opportunity for first-time buyers, investors or those looking for a property close to the coast and all the amenities Southsea has to offer.

The property is arranged over two levels and provides well-proportioned accommodation, with two bedrooms and a versatile layout offering comfortable living space.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,528
Band B

£1,782
Band C

£2,037
Band D

£2,292
Band E

£2,801
Band F

£3,310
Band G

£3,820
Band H

£4,583

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Portsmouth, 2026/27 bills run from £1,528 a year in band A to £4,583 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Portsmouth, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

100 comparables · within 2.1 miles

Priced above 54% of the 2-bed flats for sale nearby right now.

This home, £200,000 Median £190,000 · £120,000 – £351,500

Per square foot

£367 18% over

2-bed flats nearby £311

Against sold prices

25% over

PO5 sold median £294 / sq ft, 579 sales

Compared with 100 2-bed flats for sale within 2.1 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in PO5 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in PO5 →

Location

Palmerston Road, Southsea, PO5

Open map Street View

Mortgage and stamp duty

Property price £200,000

£100k £300k

Deposit10% £20,000

£0 £200k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £180,000 mortgage. Most lenders would want a household income of about £40,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 3, 109, Palmerston Road Flat / maisonette	Flat / maisonette	Jul 2025	581 sq ft £160/sq ft	581 sq ft	£160	£93,000
Flat 3, 99, Palmerston Road Flat / maisonette	Flat / maisonette	Nov 2024	560 sq ft £314/sq ft	560 sq ft	£314	£176,000
Flat 2, 99, Palmerston Road Flat / maisonette	Flat / maisonette	Mar 2024	452 sq ft £354/sq ft	452 sq ft	£354	£160,000
Flat 1, 109, Palmerston Road Flat / maisonette	Flat / maisonette	Aug 2022	764 sq ft £284/sq ft	764 sq ft	£284	£217,000
Flat C, 105, Palmerston Road Flat / maisonette	Flat / maisonette	Apr 2022	377 sq ft £358/sq ft	377 sq ft	£358	£135,000
Flat 1, 109, Palmerston Road Flat / maisonette	Flat / maisonette	May 2018	764 sq ft £249/sq ft	764 sq ft	£249	£190,000
Flat 3, 99, Palmerston Road Flat / maisonette	Flat / maisonette	Apr 2017	560 sq ft £268/sq ft	560 sq ft	£268	£150,000
Flat 1, 99, Palmerston Road Flat / maisonette	Flat / maisonette	Jul 2015	603 sq ft £241/sq ft	603 sq ft	£241	£145,500