Goadsby says ..
RECENTLY EXTENDED LEASE - With a significant high yield and a long standing tenant happy to stay this property would make an excellent addition to an investors portfolio
Property Oracle says ..
This one-bedroom property in Freemantle, Southampton, presents a mixed bag. Its location is a positive aspect, with convenient access to Southampton Central station and several well-regarded schools. However, the property’s condition is a significant drawback. The provided images reveal a need for refurbishment in the kitchen and bathroom, and the overall state of the property suggests a considerable investment will be required to bring it up to a modern standard. The lack of any significant outdoor space further detracts from its appeal. The price point of £79,500 is relatively low for Southampton, but this is likely reflective of the property’s condition and limited land. Potential buyers should carefully weigh the costs of renovation against the property’s location and the potential for future value appreciation. A thorough survey is essential before making any purchase decision.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 351.66
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
- 345,413.00 £Increased by 43.37 %
- Est sale value
- 154,730.40 £Increased by 48.15 %
- Average area rental value
- 1,031.00 £/moDecreased by 7.37 %
- Est letting value
- 351.66 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.58 %Decreased by 35.38 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Goadsby created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Springhill Catholic Primary School | Academy Converter | 0.26 KM | |
| The Polygon School | Foundation Special School | Good | 0.67 KM |
| St Mark'S Church Of England Voluntary Controlled Primary School | Voluntary Controlled School | Good | 0.74 KM |
| Banister Primary School | Foundation School | Good | 0.81 KM |
| King Edward Vi School | Other Independent School | 0.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Western District Cut | £ 0 | 0 | 0.00 KM |
| Morris Road | £ 0 | 0 | 0.00 KM |
| Commercial Road | £ 0 | 0 | 0.00 KM |
| Leroux Close | £ 0 | 0 | 0.00 KM |
| Saxon Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Southampton Central | 5932 | SOU | 0.91 KM |
| Millbrook (Hants) | 5909 | MBK | 1.95 KM |
| St Denys | 5914 | SDN | 3.29 KM |
| Bitterne | 5945 | BTE | 4.39 KM |
| Woolston | 5925 | WLS | 4.73 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Southampton | £ 79,500 | BUY | 4 / 10 | 0.00 KM |
| Howard Road, Shirley, Southampton, Hampshire, SO15 | £ 110,000 | BUY | Unknown | 0.02 KM |
| Howard Road, Southampton, SO15 5BP | £ 110,000 | BUY | 4 / 10 | 0.02 KM |
| Thornbury Avenue, Shirley, Southampton, Hampshire, SO15 | £ 625,000 | BUY | 7 / 10 | 0.10 KM |
| Hill Lane, Shirley, Southampton, Hampshire, SO15 | £ 160,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Howard Road | £ 400,000 | 0.02 KM |
| 12 Howard Road | £ 308,000 | 0.02 KM |
| 18 Thornbury Avenue | £ 339,950 | 0.12 KM |
| 6 Thornbury Avenue | £ 305,000 | 0.12 KM |
| 26 Thornbury Avenue | £ 610,000 | 0.12 KM |