Portswood Road, Southampton
FO

Portswood Road, Southampton

By Fox & Sons

£ 230,000

Reviews

2 out of 5 stars

Fox & Sons says ..

Opportunity to purchase a three bedroom HMO cottage close to Southampton University and Solent University currently let until June 2025 with an income of £1,450pcm. Accommodation comprising of three bedrooms, communal room, kitchen, downstairs bathroom and rear garden.

Property Oracle says ..

This three-bedroom, one-bathroom property located on Portswood Road in Southampton is marketed as an HMO (House of Multiple Occupancy) opportunity, currently tenanted until June 2025. The listing highlights its proximity to Southampton University and Solent University, making it an appealing investment for landlords targeting the student rental market. The property features a small rear garden that requires some attention. Based on the provided images, the interior appears to be in generally acceptable condition but would benefit from some modernisation. The kitchen and bathroom are functional but are not high-end and could be updated. While the price is placed within a range of nearby properties, it’s challenging to definitively assess the value given incomplete details on size and condition of comparable properties. The current rental income of £1,450 per month is a key factor influencing the value proposition. However, prospective buyers should conduct a thorough survey and due diligence to ensure there are no unforeseen issues that could impact the property’s value or rental potential before committing to a purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
745.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
278,177.00 £
Increased by 15.61 %
from 240,625.00 £
Est sale value
276,395.00 £
Increased by 34.42 %
from 205,620.00 £
Average area rental value
1,174.00 £/mo
Increased by 8.60 %
from 1,081.00 £/mo
Est letting value
745.00 £/mo
Unchanged by 0.00 %
from 745.00 £/mo
Est rental Yield
5.06 %
Decreased by 6.12 %
from 5.39 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Fox & Sons marked this listing as sold.

  • Fox & Sons created the listing.

Nearby Schools

NameTypeOfstedDistance
Bevois Town Primary SchoolFoundation SchoolGood0.53 KM
The Gregg Preparatory SchoolOther Independent School0.64 KM
Mount Pleasant Junior SchoolFoundation SchoolRequires improvement0.85 KM
Portswood Sure Start Childrens CentreChildren's Centre0.98 KM
Maytree Nursery And Infants' SchoolFoundation SchoolGood1.05 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Russell Place £ 000.00 KM
Raven Road £ 000.00 KM
Collier Close £ 000.00 KM
Griffin Court £ 000.00 KM
Northam Bridge £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
St Denys5914SDN0.88 KM
Bitterne5945BTE2.12 KM
Southampton Central5932SOU2.59 KM
Swaythling5933SWG2.97 KM
Woolston5925WLS3.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portswood Road, Southampton £ 230,000BUY5 / 100.00 KM
Gordon Avenue, Southampton, Hampshire £ 260,000BUY6 / 100.12 KM
Alma Road, Southampton, SO14 £ 430,000BUYUnknown0.15 KM
Alma Road, Southampton, Hampshire, SO14 £ 100,000BUY5 / 100.17 KM
Livingstone Road, Southampton £ 260,000BUY6 / 100.18 KM

Nearby Properties

AddressPriceDistance
77 Portswood Road £ 135,0000.00 KM
101 Portswood Road £ 202,0000.00 KM
99 Portswood Road £ 180,1000.00 KM
107 Portswood Road £ 129,9950.00 KM
111 Portswood Road £ 195,0000.07 KM