5 Bed HMO, Southampton, SO14 6QW £500,000

17 Oxford Road, Southampton, SO14 6QW - 2 views - 2 years ago
HMO
Inside Article 4
~188 m²
Property image

ValuationUndervalued

Sold Prices£240K - £1.2M
Sold Prices/m²£725/m² - £4.4K/m²

 

 

Square Metres

~188.40 m²
Price/m²£2.7K/m²

Value Estimate

£602,306
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£41,200

Total Cash In

£166,200

 

 

Cash Out

 

Room Rate

£572

Gross Rent

£2,860

Running Costs/mo

£2,793

Cashflow/mo

£67

Cashflow/yr

£805

ROI

0%

Gross Yield

7%

Local Sold Prices

41 sold prices from £240K to £1.2M, average is £499K. £725/m² to £4.4K/m², average is £3.2K/m².

Price
Date
Distance
Address
Beds
 
£405K04/230.18 mi2, Brighton Road, Southampton SO15 2JJ5
£410K08/240.22 mi98, Alma Road, Southampton SO14 6UW5
£410K08/240.23 mi98, Alma Road, Southampton SO14 6UW5
£410K08/240.23 mi98, Alma Road, Southampton SO14 6UW5
£499K09/220.23 mi114, Alma Road, Southampton SO14 6UW5
£499K09/220.23 mi114, Alma Road, Southampton SO14 6UW5
£375K05/220.26 mi79, Gordon Avenue, Portswood, Southampton SO14 6WB5
£340K01/230.46 mi8, Berkeley Close, Polygon, Southampton SO15 2TR5
£290K12/240.48 mi3, Henstead Road, Southampton SO15 2DE5
£710K05/220.48 mi6, Blenheim Avenue, Southampton SO17 1DU5
£480K09/220.55 mi41, Westridge Road, Southampton SO17 2HP5
£960K09/240.56 mi6, Westbourne Crescent, Southampton SO17 1EE5
£960K09/240.56 mi6, Westbourne Crescent, Southampton SO17 1EE5
£295K02/250.59 mi58, Newcombe Road, Southampton SO15 2FS5
£295K06/210.59 mi36, Newcombe Road, Southampton SO15 2FS5
£922.5K04/230.6 mi12, Westbourne Crescent, Southampton SO17 1EE5
£240K03/220.61 mi85, Tennyson Road, Southampton SO17 2HG5
£725K07/220.62 mi14, Oakmount Avenue, Southampton SO17 1DR5
£835K01/220.62 mi26, Oakmount Avenue, Southampton SO17 1DR5
£900K04/240.64 mi11, Crofton Close, Southampton SO17 1XB5
£740K07/250.66 mi48, Thornbury Avenue, Southampton SO15 5DA5
£345K03/250.66 mi28, St Marys Road, Southampton SO14 0BG5
£345K03/250.66 mi28, St Marys Road, Southampton SO14 0BG5
£600K12/240.67 mi45, Belmont Road, Southampton SO17 2GD5
£600K12/240.67 mi45, Belmont Road, Southampton SO17 2GD5
£286K12/220.67 mi99, St Andrews Road, Southampton SO14 0AE5
£728K10/220.67 mi20, Atherley Court, Southampton SO15 7NG5
£495K11/210.7 mi33, Thornbury Avenue, Southampton SO15 5BQ5
£470K03/250.73 mi3, Greville Road, Southampton SO15 5AW5
£330K07/230.76 mi95, Atherley Road, Southampton SO15 5DT5
£1.2M08/250.8 mi50, Brookvale Road, Southampton SO17 1RA5
£410K08/210.8 mi43, Heatherdeane Road, Southampton SO17 1PA5
£552K05/250.86 mi34, Alexandra Road, Southampton SO15 5DG5
£552K05/250.86 mi34, Alexandra Road, Southampton SO15 5DG5
£625K03/250.86 mi14, Hanley Road, Southampton SO15 5AN5
£625K03/250.86 mi14, Hanley Road, Southampton SO15 5AN5
£520K10/210.91 mi22, Eastbourne Avenue, Southampton SO15 5HT5
£690K05/230.93 mi44, Shaftesbury Avenue, Southampton SO17 1SD5
£615K08/250.97 mi9, Shanklin Crescent, Southampton SO15 7RB5
£620K11/210.97 mi24, Grosvenor Road, Southampton SO17 1RT5
£420K09/210.98 mi85, Janson Road, Shirley, Southampton SO15 5GL5

Local Area Statistics

Population in SO14

27,223

Population in Southampton

428,247

Town centre distance

0.42 miles away

Nearest school

0.10 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Property History

Price changed to £500,000

January 23, 2025

Listed for £520,000

July 24, 2023

Sold for £179,950

2002

Sold for £83,000

1996

Floor Plans

Property image

Description

  • Exceptional detached property +
  • Two houses on one title +
  • Currently tenanted for immediate income +
  • Five double bedrooms in the HMO +
  • 3 Bed House at the rear +
  • Versatility and potential for various uses +

ATTENTION INVESTORS
We are delighted to present this exceptional detached property for sale, located in the prime student area. This property comprises two houses on one title, both currently tenanted, making it an ideal investment opportunity for discerning investors.

The front HMO (license number: 2018/03321/MANNSU) is in good condition and offers five double bedrooms, ensuring ample space for residents. With two bathrooms, well presented kitchen, and generous reception room, this property provides flexibility and convenience for its occupants.

The REAR THREE BED HOUSE comprises entrance hall leading to living room onto lounge which also gives access to the spare room. The kitchen is accessed via the living room. The family shower room is accessed from the entrance hall.
The first floor landing leads three bedrooms.
The rear house has its own private rear garden straight outside its patio doors, with the front HMO having the garden behind for its own private use.

Don't miss the chance to own this remarkable property in a sought-after location. Contact us today to arrange a viewing and explore the investment potential that this property has to offer.

Council Tax Band: D
Tenure: FREEHOLD
EPC 17: E

EPC 17a: C
Council Tax Band: C

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

SOU230223/2

Agent Details

Your Move Sales, Southampton

0238 144 9897

Next Steps?

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