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
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Metrics Year-on-Year
- Average area value
- 278,177.00 £Increased by 15.61 %
- Est sale value
- 276,395.00 £Increased by 34.42 %
- Average area rental value
- 1,174.00 £/moIncreased by 8.60 %
- Est letting value
- 745.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.06 %Decreased by 6.12 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Fox & Sons marked this listing as sold.
Fox & Sons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bevois Town Primary School | Foundation School | Good | 0.53 KM |
| The Gregg Preparatory School | Other Independent School | 0.64 KM | |
| Mount Pleasant Junior School | Foundation School | Requires improvement | 0.85 KM |
| Portswood Sure Start Childrens Centre | Children's Centre | 0.98 KM | |
| Maytree Nursery And Infants' School | Foundation School | Good | 1.05 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Russell Place | £ 0 | 0 | 0.00 KM |
| Raven Road | £ 0 | 0 | 0.00 KM |
| Collier Close | £ 0 | 0 | 0.00 KM |
| Griffin Court | £ 0 | 0 | 0.00 KM |
| Northam Bridge | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| St Denys | 5914 | SDN | 0.88 KM |
| Bitterne | 5945 | BTE | 2.12 KM |
| Southampton Central | 5932 | SOU | 2.59 KM |
| Swaythling | 5933 | SWG | 2.97 KM |
| Woolston | 5925 | WLS | 3.34 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Portswood Road, Southampton | £ 230,000 | BUY | 5 / 10 | 0.00 KM |
| Gordon Avenue, Southampton, Hampshire | £ 260,000 | BUY | 6 / 10 | 0.12 KM |
| Alma Road, Southampton, SO14 | £ 430,000 | BUY | Unknown | 0.15 KM |
| Alma Road, Southampton, Hampshire, SO14 | £ 100,000 | BUY | 5 / 10 | 0.17 KM |
| Livingstone Road, Southampton | £ 260,000 | BUY | 6 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 77 Portswood Road | £ 135,000 | 0.00 KM |
| 101 Portswood Road | £ 202,000 | 0.00 KM |
| 99 Portswood Road | £ 180,100 | 0.00 KM |
| 107 Portswood Road | £ 129,995 | 0.00 KM |
| 111 Portswood Road | £ 195,000 | 0.07 KM |