3 Bed Semi-Detached House, Refurb/BRRR, Southampton, SO19 9EZ, £230,000

Lawrence Grove, Woolston, SO19 9EZ - 4 views - 9 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+8 photos

ValuationFair Value

Sold Prices£165K - £492.5K
Sold Prices/m²£1.7K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£232,300

 

 

End Value (After Refurb)

£303,278

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Refurb Costs

£42,000

Bridging Loan Interest

£6,038

Total Cash In

£115,388

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£303,278

Agent Fees (1%)

£3,033

Bridging Loan

£172,500

Bridging Loan Interest

£6,038

Flip Profit

£12,358

Local Sold Prices

50 sold prices from £165K to £492.5K, average is £282.5K. £1.7K/m² to £4.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£320K07/230.05 mi80, Archery Grove, Woolston, Southampton SO19 9EY3
£330K03/210.05 mi13, Archery Grove, Woolston, Southampton SO19 9FB3
£300K03/230.07 mi13, Temple Gardens, Southampton SO19 9FD3
£380K07/230.17 mi269, Spring Road, Southampton SO19 2NZ3
£283K02/210.21 mi25, St Annes Gardens, Woolston, Southampton SO19 9FJ3
£300K12/200.21 mi23, St Annes Gardens, Woolston, Southampton SO19 9FJ3
£310K12/200.24 mi234, Weston Lane, Southampton SO19 9HL3
£280K01/210.24 mi153, Porchester Road, Woolston, Southampton SO19 2JA3
£322K03/230.24 mi135, Porchester Road, Woolston, Southampton SO19 2JA3
£492.5K12/220.25 mi192, Weston Lane, Woolston, Southampton SO19 9HL3
£306K06/210.25 mi143, Porchester Road, Southampton SO19 2JA3
£287K04/210.28 mi128, Radstock Road, Southampton SO19 2HU3
£210K12/200.28 mi21, Barnfield Way, Weston, Southampton SO19 9GU3
£265K12/200.3 mi110, Porchester Road, Woolston, Southampton SO19 2JD3
£340K05/210.31 mi97, Archery Grove, Southampton SO19 9ET3
£310K04/210.31 mi83, Archery Grove, Southampton SO19 9ET3
£360K03/210.31 mi113, Radstock Road, Southampton SO19 2HW3
£267K11/200.31 mi155, Radstock Road, Southampton SO19 2HW3
£240K11/210.31 mi26, Barnfield Road, Southampton SO19 9GS3
£265K09/210.32 mi35a, Middle Road, Southampton SO19 8FR3
£280K03/230.32 mi35a, Middle Road, Sholing, Southampton SO19 8FR3
£267.5K06/210.33 mi82, Porchester Road, Southampton SO19 2JD3
£320K06/230.34 mi15, Bracklesham Close, Southampton SO19 8TD3
£315K12/220.34 mi12, Bracklesham Close, Southampton SO19 8TD3
£286.5K08/210.35 mi20, Bedford Avenue, Southampton SO19 9GF3
£270.5K06/230.35 mi32, Bedford Avenue, Woolston, Southampton SO19 9GF3
£240K05/230.35 mi25, Deeping Close, Southampton SO19 9QA3
£262.5K12/200.36 mi22, Hazeleigh Avenue, Southampton SO19 9DF3
£360K09/210.36 mi18, Cecil Road, Southampton SO19 2HX3
£300K08/210.36 mi2, Cecil Road, Southampton SO19 2HX3
£380K01/210.37 mi281, Upper Weston Lane, Southampton SO19 9HY3
£265K04/210.37 mi33, Hazeleigh Avenue, Woolston, Southampton SO19 9DG3
£371K08/230.38 mi98, Knighton Road, Southampton SO19 2FN3
£285K03/210.39 mi47, Newtown Road, Southampton SO19 9HX3
£207K11/210.39 mi61, Weston Lane, Woolston, Southampton SO19 9GQ3
£207K11/210.39 mi61, Weston Lane, Woolston, Southampton SO19 9GQ3
£289K03/210.39 mi95, Knighton Road, Southampton SO19 2FP3
£265K04/210.39 mi61, Porchester Road, Southampton SO19 2JB3
£240K03/210.4 mi48, Church View Close, Southampton SO19 8SJ3
£249.9K03/210.4 mi56, Newtown Road, Southampton SO19 9HQ3
£180K01/210.4 mi23, Bacon Close, Weston, Southampton SO19 9PZ3
£165K06/210.4 mi17, Bacon Close, Weston, Southampton SO19 9PZ3
£282K12/200.41 mi24, Leighton Road, Southampton SO19 2FR3
£299.9K02/230.41 mi34, St Monica Road, Sholing, Southampton SO19 8FH3
£300K02/210.41 mi92, Obelisk Road, Southampton SO19 9DE3
£257K03/210.42 mi1, Viceroy Road, Southampton SO19 8FJ3
£220K03/230.44 mi38, Wallace Road, Southampton SO19 9HW3
£275K04/210.44 mi26, College Road, Southampton SO19 9GE3
£275K12/200.44 mi44, Leighton Road, Southampton SO19 2FT3
£270K10/210.45 mi59, College Road, Southampton SO19 9GD3

Local Rents

28 rents from £1.1K/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,90009/240.18 miArchery Grove, Woolston, SO193
£1,47512/240.28 mi-3
£1,35009/240.29 miJameson Road, Itchen, Southampton, Hampshire, SO193
£1,30003/250.34 mi-3
£1,40009/240.38 miKnighton Road, Southampton3
£1,45009/240.39 miWeston Lane, SOUTHAMPTON3
£1,60009/240.4 miUpper Weston Lane, Southampton, Hampshire, SO193
£1,50009/240.42 miLoane Road, Sholing3
£1,45009/240.43 miFort Road, Southampton, Hampshire, SO193
£1,60009/240.43 miPortsmouth Road, Woolston3
£1,39502/240.43 miPortsmouth Road, Southampton, Hampshire, SO193
£1,40009/240.44 miTiconderoga Gardens, Southampton3
£1,80004/250.45 mi-3
£1,15009/240.45 miPoulner Close3
£1,40009/240.46 miSholing3
£1,50009/240.46 miLeighton Road, SOUTHAMPTON3
£1,50009/240.46 miLeighton Road, SOUTHAMPTON3
£1,65010/240.47 mi-3
£1,65010/240.47 mi-3
£1,50009/240.47 mi-3
£1,45009/240.5 miHawkley Green, SOUTHAMPTON3
£1,40009/240.51 miBay Road, Sholing3
£1,20009/240.54 mi18cObelisk Road3
£1,33006/230.58 mi-3
£1,50009/240.58 miSeaweed Close, Weston Lane, Southampton, Hampshire, SO193
£1,35009/240.58 miSeaweed Close, Weston Lane, Southampton3
£1,42509/240.61 miHolt Court, Weston Lane, SO19 9RA3
£1,26511/240.61 mi-3

Local Area Statistics

Population in SO19

55,875

Population in Southampton

428,247

Town centre distance

2.19 miles away

Nearest school

0.30 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £230,000

August 5, 2024

Floor Plans

Description

  • Three Well Proportioned Bedrooms +
  • Semi Detached House +
  • Quiet Cul-De-Sac Location +
  • Potential To Create Off Road Parking STP +
  • Landscaped Rear Garden +
  • Lounge With Feature Bay Window +
  • Four Piece Bathroom +
  • Requires Modernisation +
  • Formal Dining Room +
  • Follow us on Instagram @fieldpalmer +

Nestled within a quiet cul-de-sac location of Lawrence Grove in Woolston is this 1930's three bedroom semi-detached house. On the ground floor the property features a generous entrance hall leading to a lounge with feature bay window. Completing the ground floor is a fitted kitchen & formal dining room. On the first floor are three bedrooms including a master bedroom suite with views over woodlands and a four piece bathroom. Outside there is a westerly aspect garden has been landscaped to provide a wonderful space for relaxing. On the lower level of the garden is a courtyard style patio seating area which leads to generous lawn and a further raised patio seating which provides an excellent space for Al Fresco dining and entertaining. To the front is a low maintenance garden which could be converted into a driveway subject to planning. 

Location Lawrence Grove is a quiet cul-de-sac location which is set on the border of an established woodland area with Jurd's Lake Stream setting the boundary. Residents of Lawrence Grove are able to access a wide range of local shops, cafes and amenities nearby in the vibrant Woolston Precinct as well as an excellent choice of outstanding schools which within short walking distance including the Woolston Infant School and St Patrick's Catholic Primary School. In addition to that there is a number of local pubs nearby such as the Miller's Pond as well as great choice of natural attractions including the Archery Woods, Southampton Water Front, Royal Victoria Country Park and Peartree Green Nature Reserve. 

Approach
Low level brick wall border, mainly laid to lawn with shrub borders, pathway and steps to front door. 

Entrance Hall
Textured finish to coved ceiling, double glaze door to front elevation, double glazed window to side elevation, stairs rising to first floor with storage under, radiator, doors to:

Lounge
11' 2" (3.40m) max x 11' 10" (3.61m) max:
Textured finish to coved ceiling, double glazed bay window to front elevation, radiator, laminate flooring.

Kitchen
7' 2" (2.18m) max x 13' (3.96m) max:
Textured finish to coved ceiling, double glazed window to rear elevation, double glazed door to side elevation, range of wall base and drawer units with roll top work surface over, sink and drainer inset, wall mounted boiler, space for appliances, tiled splashbacks, door to:

Dining Room
10' 2" (3.10m) x 12' (3.66m):
Textured finish to coved ceiling, double glazed window to rear elevation, radiator.

Landing
Textured finish to coved ceiling, hatch providing access into loft space, double glazed window to side elevation, doors to:

Bedroom One
11' 2" (3.40m) max x 12' 5" (3.78m) max:
Textured finish to coved ceiling, double glazed bay window to front elevation, radiator.

Bedroom Two
9' 8" (2.95m) x 12' (3.66m):
Textured finish to coved ceiling, double glazed window to rear elevation, built in storage, radiator.

Bedroom Three
7' 10" (2.39m) x 8' 11" (2.72m):
Textured finish to coved ceiling, double glazed window to rear elevation, radiator.

Bathroom
Textured finish to coved ceiling, double glazed window to front elevation, panel enclosed bath, corner shower tray, low level WC and corner wash hand basin, tiling to applicable areas, radiator.

Garden
Panel enclosed fencing, patio seating area, steps leading up to generous lawn with mature shrub borders.

Follow us on Instagram @fieldpalmer for 'coming soon' property alerts, exclusive appraisals, reviews and video tours.

Listed as available by OFCOM, Toob, Virgin Media, Open Reach, Standard, Superfast, Ultrafast.
TV aerial available
Mobile Signal: listed as available by OFCOM, or, Limited to EE, Three, O2, Vodafone
Utilities: Mains supplied

Services
Mains Gas
Mains Electricity
Mains Water 
Mains Drainage 

Please Note: Field Palmer have not tested any of the services or appliances at this property.

Council Tax Band
Band B

Seller's Position
Buying On

Offer Check Procedure
If you are considering making an offer for this property and require a mortgage, our clients will require confirmation of your status. We have therefore adopted an Offer Check Procedure which involves our Financial Advisor verifying your position.

Agent Details

Field Palmer, Woolston

0238 039 3255

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪