How much is 23, Portsmouth?

The asking rent is £1,075 a month.

23, Portsmouth, PO1 1NL

2-bedroom flat · PO1 1NL

635 sq ftEPC E1 bath

Asking rent

£1,075/mo

To rentReduced £25 (−2.3%) on 9 OctListed 56 days · slow let

Investor metrics

HMO Article 4 Direction AreaPortsmouth City Council city-wide Article 4 (HMO), Portsmouth City Council Direction (Art 4/HMO/01) · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Zero Deposit Guarantee Available Morris Dibben are delighted to offer this superb, two bedroom purpose built apartment situated in the very popular city centre of Portsmouth.

This apartment which is situated on Arundel Street, is part of a newly converted development and benefits from having a modern fitted kitchen and bathroom and open plan kitchen/living space where the is space for a washing machine and fridge freezer.

Call Morris Dibben lettings now to arrange your viewing!

Council Tax Band: Holding Deposit: £170.00 Zero Deposit Guarantee Option Available Two bedrooms Immaculate throughout Modern fitted kitchen Open plan living area Superb location Central Portsmouth Close to transport links Available soon!

Coouncil Tax Band A

Key information

Available From

20 Nov 2026

Floor Area

635 sq ft (59 sq m)

Reception Rooms

EPC Rating

current

Property Age

England and Wales: 1950-1966

Local Authority

City of Portsmouth (B)

Unitary Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

HMO Conversion Potential

Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.