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2 bed flat for sale South Parade, Southsea, PO5

Asking Price

£745,000

Added on 09/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £523 per sq ft
Tenure: Share of freehold

Council tax Band D £2,292 a year

Key features

Exceptional seafront penthouse apartment on prestigious South Parade
Prime location close to Southsea seafront, promenade and amenities
Stunning panoramic views across the Solent
Approximately 1,425 sq ft of light-filled accommodation
Impressive open-plan living area (kitchen, dining and sitting areas)
Two spacious double bedrooms
Four balconies (two to open-plan living area and one to each bedroom)
Well-appointed bathroom, separate utility area and second toilet
Nest controlled gas central heating
Gated off road parking

About this property

Occupying an enviable seafront position on South Parade, this exceptional penthouse apartment offers a rare opportunity to own a beautifully proportioned coastal home with stunning panoramic sea views across the Solent. Set within an elegant period detached house, the residence combines timeless character with generous, light-filled accommodation that extends to approximately 1,425 sq ft. and is accessed via a private drive, entrance and staircase - enhancing the sense of exclusivity and privacy expected from a true penthouse apartment.

Floorplan

Council tax

Band D £2,292 a year

Per year

Band A

£1,528
Band B

£1,782
Band C

£2,037
Band D

This home: £2,292
Band E

£2,801
Band F

£3,310
Band G

£3,820
Band H

£4,583

This home is in band D, which costs £2,292 a year in Portsmouth for 2026/27.

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. Check a home's band on GOV.UK.

Price guide

100 comparables · within 2.3 miles

Priced above 98% of the 2-bed flats for sale nearby right now.

This home, £745,000 Median £190,000 · £120,000 – £350,000

Per square foot

£523 68% over

2-bed flats nearby £311

Against sold prices

78% over

PO5 sold median £294 / sq ft, 579 sales

Compared with 100 2-bed flats for sale within 2.3 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

South Parade, Southsea, PO5

Open map Street View

Mortgage and stamp duty

Property price £745,000

£372k £1.1m

Deposit10% £75,000

£0 £745k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £670,000 mortgage. Most lenders would want a household income of about £149,000 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
5, South Parade Semi-detached	Semi-detached	Jan 2025	n/a	n/a	n/a	£2,200,000
Flat 2, 2, South Parade Flat / maisonette	Flat / maisonette	Dec 2022	1,152 sq ft £417/sq ft	1,152 sq ft	£417	£480,000
5, South Parade Semi-detached	Semi-detached	Apr 2017	n/a	n/a	n/a	£1,250,000
Apartment 6, Venetian Garden House, 4, South Parade Flat / maisonette	Flat / maisonette	Dec 2015	646 sq ft £434/sq ft	646 sq ft	£434	£280,000
Apartment 6, Venetian Garden House, 4, South Parade Flat / maisonette	Flat / maisonette	Nov 2007	646 sq ft £503/sq ft	646 sq ft	£503	£325,000
Apartment 2, Venetian Garden House, 4, South Parade Flat / maisonette	Flat / maisonette	Nov 2007	1,464 sq ft £68/sq ft	1,464 sq ft	£68	£100,000
Apartment 1, Venetian Garden House, 4, South Parade Flat / maisonette	Flat / maisonette	Nov 2007	1,012 sq ft £99/sq ft	1,012 sq ft	£99	£100,000
Apartment 4, Venetian Garden House, 4, South Parade Flat / maisonette	Flat / maisonette	Nov 2007	646 sq ft £155/sq ft	646 sq ft	£155	£100,000