68, Castle Road, Hampshire, PO5 3AZ

House · PO5 3AZ

Shop Space · Office · Loft Room

Asking

£350,000

For saleListed 391 days

Character

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

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About

The property

Morris Dibben are pleased to offer for sale this period end of terrace property, located on the popular Castle Road just a stone’s throw from Southsea Common and the seafront.

The shops and restaurants of Central Southsea and Gunwharf Quays are both a short walk away.

Many period features remain throughout this property and the internal accommodation comprises shop space, office room, three generous bedrooms upstairs and a large W.C.

To the rear of the property there is a small courtyard.

This property which is currently set up as a commercial unit with Sui Generis use but could also be turned back into a residential property this must be viewed to fully appreciate the style, size and location!

Character

Key information

Council Tax Band

Band B

Estimated ~£1400/year

Tenure

Freehold

Local Authority

City of Portsmouth (B)

Unitary Authority

Property features

Shop Space
Office
Loft Room
Tenure: Freehold

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

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0.0% below asking

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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.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market391 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market391

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £350,00026-09-2025

Still activeDay 391 on marketToday

Strategy fit

No strategy scores available yet.

Article 4HMO Article 4 applies

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.