5 Bed HMO, Southampton, SO15 5LU £280,000

82 Church Street, Southampton, SO15 5LU - 12 views - 2 years ago
HMO
Inside Article 4
ROI: 4%
74 m²
Property image

ValuationOvervalued

Sold Prices£290K - £1.2M
Sold Prices/m²£1.9K/m² - £8.1K/m²

 

 

Square Metres

74 m²
Price/m²£3.8K/m²

Value Estimate

£230,615

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£82,700

 

 

Cash Out

 

Room Rate

£450

Gross Rent

£2,250

Running Costs/mo

£1,903

Cashflow/mo

£348

Cashflow/yr

£4,170

ROI

5%

Gross Yield

10%

Local Sold Prices

50 sold prices from £290K to £1.2M, average is £584.4K. £1.9K/m² to £8.1K/m², average is £3.4K/m².

Price
Date
Distance
Address
Beds
 
£395K09/220.18 mi64, Shirley Avenue, Southampton SO15 5NJ5
£642.5K01/250.21 mi44, Shirley Avenue, Southampton SO15 5NJ5
£642.5K01/250.21 mi44, Shirley Avenue, Southampton SO15 5NJ5
£851K08/230.25 mi105, Upper Shirley Avenue, Southampton SO15 5NL5
£650K07/230.38 mi21, Cunard Avenue, Shirley, Southampton SO15 5GN5
£520K10/210.43 mi22, Eastbourne Avenue, Southampton SO15 5HT5
£544K11/240.44 mi137, Bellemoor Road, Southampton SO15 7QZ5
£420K09/210.45 mi85, Janson Road, Shirley, Southampton SO15 5GL5
£625K03/250.49 mi14, Hanley Road, Southampton SO15 5AN5
£625K03/250.49 mi14, Hanley Road, Southampton SO15 5AN5
£615K08/250.56 mi9, Shanklin Crescent, Southampton SO15 7RB5
£650K01/250.58 mi79, Shanklin Road, Southampton SO15 7RG5
£650K01/250.58 mi79, Shanklin Road, Southampton SO15 7RG5
£575.2K10/210.62 mi7, Warwick Road, Southampton SO15 7PF5
£728K10/220.68 mi20, Atherley Court, Southampton SO15 7NG5
£470K03/250.76 mi3, Greville Road, Southampton SO15 5AW5
£740K07/250.77 mi48, Thornbury Avenue, Southampton SO15 5DA5
£330K07/230.82 mi95, Atherley Road, Southampton SO15 5DT5
£495K11/210.85 mi33, Thornbury Avenue, Southampton SO15 5BQ5
£340K01/231.09 mi8, Berkeley Close, Polygon, Southampton SO15 2TR5
£520K01/231.11 mi35, Butterfield Road, Southampton SO16 7EG5
£520K08/211.11 mi480, Winchester Road, Bassett, Southampton SO16 7BG5
£552K05/251.13 mi34, Alexandra Road, Southampton SO15 5DG5
£552K05/251.13 mi34, Alexandra Road, Southampton SO15 5DG5
£960K09/241.16 mi6, Westbourne Crescent, Southampton SO17 1EE5
£960K09/241.16 mi6, Westbourne Crescent, Southampton SO17 1EE5
£922.5K04/231.16 mi12, Westbourne Crescent, Southampton SO17 1EE5
£499K09/221.19 mi114, Alma Road, Southampton SO14 6UW5
£499K09/221.19 mi114, Alma Road, Southampton SO14 6UW5
£295K02/251.2 mi58, Newcombe Road, Southampton SO15 2FS5
£295K06/211.2 mi36, Newcombe Road, Southampton SO15 2FS5
£410K08/241.21 mi98, Alma Road, Southampton SO14 6UW5
£405K04/231.21 mi2, Brighton Road, Southampton SO15 2JJ5
£710K05/221.21 mi6, Blenheim Avenue, Southampton SO17 1DU5
£410K08/241.22 mi98, Alma Road, Southampton SO14 6UW5
£410K08/241.22 mi98, Alma Road, Southampton SO14 6UW5
£725K07/221.24 mi14, Oakmount Avenue, Southampton SO17 1DR5
£835K01/221.24 mi26, Oakmount Avenue, Southampton SO17 1DR5
£900K04/241.25 mi11, Crofton Close, Southampton SO17 1XB5
£375K05/221.31 mi79, Gordon Avenue, Portswood, Southampton SO14 6WB5
£410K08/211.32 mi43, Heatherdeane Road, Southampton SO17 1PA5
£290K12/241.36 mi3, Henstead Road, Southampton SO15 2DE5
£593.5K06/211.4 miOrchard Cottage, Hawthorn Road, Southampton SO17 1PX5
£815K06/211.43 mi50, Bassett Crescent East, Southampton SO16 7PB5
£490K07/211.45 mi177, Burgess Road, Southampton SO16 7PL5
£1.2M08/251.5 mi50, Brookvale Road, Southampton SO17 1RA5
£630K06/231.51 mi21, Chetwynd Drive, Southampton SO16 3HY5
£660K04/251.54 mi58, Providence Park, Southampton SO16 7QW5
£740K05/211.57 mi4, Cleek Drive, Southampton SO16 7PQ5
£742K04/231.59 mi8, Glen Eyre Road, Southampton SO16 3GG5

Local Area Statistics

Population in SO15

41,701

Population in Southampton

428,247

Town centre distance

1.65 miles away

Nearest school

0.20 miles away

Nearest train station

0.99 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Price changed to £280,000

December 4, 2024

Listed for £300,000

January 5, 2024

Sold for £140,000

2013

Floor Plans

Property image

Description

  • 5 Bedroom HMO +
  • 2 Bathrooms +
  • Detached house +
  • Rental Income over £27,000 pa +
  • Fully Let +
  • Double Glazed +
  • Fitted Kitchen +
  • Front and Rear Gardens +

SUMMARY
Fox and Sons Southampton have pleasure in offering for sale this superb 5 bedroom detached H.M.O property, fully let and generating an income over £27,000 pa giving you a great 8.6% return on your investment.

DESCRIPTION
Fox and Sons Southampton have pleasure in offering for sale this superb 5 bedroom detached H.M.O property, fully let and generating an income of over £27,000 pa giving a great ,8.6% return on your investment..Situated in the popular location of Shirley close to St James Park and moment from Southampton General Hospital. The property is in excellent order throughout, with 5 let rooms, two bathroom, fitted kitchen and communal lounge. Other benefits include double glazing, gas heating via radiators and front and rear garden. There is a fantastic investment opportunity with this property and offered with no forward chain. Viewing is absolutely essential to appreciate what's on offer with this great investment property, accommodation and size.

Entrance  

Hallway 

Bedroom One 11' 7" x 12' 1" ( 3.53m x 3.68m )

Bedroom Two 9' 6" x 8' 2" ( 2.90m x 2.49m )

Kitchen 8' 5" x 7' 7" ( 2.57m x 2.31m )

Communal Lounge 11' 8" x 11' 7" ( 3.56m x 3.53m )

Shower Room 

Bedroom Three 11' 7" x 9' 2" ( 3.53m x 2.79m )

Landing 

Bedroom Five 10' 3" x 7' 5" ( 3.12m x 2.26m )

Bedroom Five 12' 8" x 12' 1" ( 3.86m x 3.68m )

Front And Rer Gardens 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Fox & Sons, Southampton

0238 214 8974

Next Steps?

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