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1 bed INVESTMENT - Unbroken Freehold Block of Flats, Portsmouth, PO5

147 Elm Grove, Southsea, Hampshire, PO5 1LJ

A one-bedroom flat in Southsea (PO5), freehold. Allsop is selling it at auction on Wednesday 18 November, with a guide of £1,500,000+. The stated rent is £130,440 a year, about 8.7% gross on the guide.

Guide price
£1.5M+
18days
14hrs
11mins
28secs
Wed 18 NovAdd to calendar

Status verified with Allsop 2 hours ago

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Location

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Portsmouth, PO5. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty£1,595,750See breakdown
  • Price£1,500,000
  • Buyer's / admin fee£2,000
  • Stamp duty estimate£93,750
  • Legal pack and searches£0
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Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work

Key facts

Type
INVESTMENT - Unbroken Freehold Block of Flats
Bedrooms
1
Tenure
Freehold
Council tax band
See legal pack
Auction
Wednesday, 18 November 2026
Lot number
6
Auctioneer
Allsop
Postcode
PO5 1LJ

Listed by Allsop · Lot 6 · Checked 30 Oct, 18:13

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Guide + works£1,500,000
Guide £1,500,000Works £0VAT & buffer

Rough 2026 ranges excluding VAT from Checkatrade, Homebuilding & Renovating and Self Build. Value estimates use Nationwide research (10% more space ≈ 5% more value; a loft or extension with a double bedroom and bathroom up to 24%). Not a valuation or a quote: view the property and get builders' quotes before you bid. Extensions and lofts may need planning permission.

Around here

Photos taken nearby by Geograph contributors. They show the area, not necessarily this property.

Solicitors in Elm Grove
Solicitors in Elm Grove · about 50 m away
© Basher Eyre, CC BY-SA 2.0
Functional looking flats in Elm Grove
Functional looking flats in Elm Grove · about 50 m away
© Basher Eyre, CC BY-SA 2.0
Albany Buildings
Albany Buildings · about 50 m away
© N Chadwick, CC BY-SA 2.0
The Deco in Elm Grove
The Deco in Elm Grove · about 50 m away
© Basher Eyre, CC BY-SA 2.0

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2-minute explainer: Guide price vs reserve priceRead before you bid