4 Bed HMO, Southampton, SO17 3TH, £315,000

24 Harefield Road, Southampton, SO17 3TH - 3 views - 3 months ago

HMO
92 m²
+10 photos

ValuationOvervalued

Sold Prices£195K - £700K
Sold Prices/m²£2.1K/m² - £5K/m²

 

 

Square Metres

92 m²
Price/m²£3.4K/m²

Value Estimate

£283,130

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£15,100

Total Cash In

£93,850

 

 

Cash Out

 

Room Rate

£423

Gross Rent

£1,692

Running Costs/mo

£1,815

Cashflow/mo

£-123

Cashflow/yr

£-1,477

Gross Yield

6%

Local Sold Prices

50 sold prices from £195K to £700K, average is £340.7K. £2.1K/m² to £5K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£245K04/210.06 mi20, Langhorn Road, Southampton SO16 3TN4
£232.5K05/210.14 mi40, Mayfield Road, Southampton SO17 3SX4
£232.5K05/210.14 mi40, Mayfield Road, Southampton SO17 3SX4
£326K03/230.19 mi91, Bluebell Road, Southampton SO16 3LL4
£250K02/210.2 mi112, Broadlands Road, Southampton SO17 3AR4
£200K10/200.2 mi130, Broadlands Road, Southampton SO17 3AR4
£234K03/210.23 mi36, Bealing Close, Southampton SO16 3AX4
£265K06/210.24 mi6, Bealing Close, Bassett, Southampton SO16 3AW4
£270K09/210.26 mi68, Laburnum Road, Southampton SO16 3LH4
£290K01/210.33 mi40, Kitchener Road, Southampton SO17 3SG4
£310K04/210.36 mi53, Granby Grove, Southampton SO17 3RY4
£435K04/210.39 mi87, Ethelburt Avenue, Southampton SO16 3DF4
£375K01/210.39 mi61, Ethelburt Avenue, Bassett Green, Southampton SO16 3DF4
£215K11/200.4 mi49, Brickfield Road, Southampton SO17 3AD4
£340K05/210.4 mi23, Ripstone Gardens, Highfield, Southampton SO17 3RF4
£480K08/230.44 mi104, Upper Shaftesbury Avenue, Highfield, Southampton SO17 3RT4
£315K05/230.44 mi17, Lilac Road, Southampton SO16 3DA4
£315K07/230.44 mi38, Poppy Road, Southampton SO16 3JZ4
£205K03/210.46 mi48, Northcote Road, Southampton SO17 3AG4
£260K09/210.46 mi52, Northcote Road, Southampton SO17 3AG4
£270K03/220.46 mi11, Somerset Road, Portswood, Southampton SO17 3AB4
£195K12/210.5 mi3, Brookside Way, Southampton SO18 2LQ4
£475K12/200.51 mi8, Stoneham Close, Southampton SO16 2NX4
£465K02/230.54 mi7, Channels Farm Road, Southampton SO16 2PF4
£285K03/230.55 mi10, Arnold Road, Southampton SO17 1TG4
£415K02/210.56 mi27, Bassett Green Village, Bassett, Southampton SO16 3ND4
£450K09/210.6 mi5, Royston Close, Southampton SO17 1TB4
£450K01/210.62 mi37, Highfield Crescent, Southampton SO17 1SG4
£321K06/210.63 mi111, Oaktree Road, Southampton SO18 1PJ4
£350K12/200.63 mi18, The Parkway, Southampton SO16 3PQ4
£470K03/210.63 mi36, The Parkway, Bassett, Southampton SO16 3PQ4
£515K12/200.69 mi1, Glen Eyre Road, Southampton SO16 3GA4
£268K08/210.7 mi54, Kent Road, Southampton SO17 2LH4
£272.5K10/210.7 mi22, Kent Road, Southampton SO17 2LH4
£341.4K12/200.71 mi2, Shaftesbury Avenue, Southampton SO17 1SA4
£515K06/230.72 mi23, River Walk, Southampton SO18 2DP4
£403.5K04/210.72 mi15, Roselands Gardens, Highfield, Southampton SO17 1QJ4
£560K06/220.72 miBeechdale, 49a, Roselands Gardens, Highfield, Southampton SO17 1QJ4
£525K09/210.73 mi33, Roselands Gardens, Southampton SO17 1QG4
£335.6K06/210.73 mi24, Roselands Gardens, Southampton SO17 1QG4
£365K05/230.74 mi163, Woodmill Lane, Southampton SO18 2PG4
£425K03/230.75 mi155, Newton Road, Bitterne Park, Southampton SO18 1NH4
£479.9K03/210.75 mi48, The Parkway, Bassett, Southampton SO16 3PN4
£395K09/210.75 mi42, Ash Tree Road, Southampton SO18 1LX4
£415K02/210.75 mi22, Elmsleigh Gardens, Southampton SO16 3GF4
£425K10/220.76 mi90, Belmont Road, Portswood, Southampton SO17 2GF4
£325K01/210.76 mi296, Priory Road, St Denys, Southampton SO17 2LS4
£700K09/210.77 miHolmwood Cottage, Bassett Crescent East, Southampton SO16 7PD4
£518K02/210.77 mi15b, Bassett Crescent East, Southampton SO16 7PD4
£419K03/210.78 mi57, Elmsleigh Gardens, Bassett, Southampton SO16 3GE4

Local Area Statistics

Population in SO17

19,429

Population in Southampton

428,247

Town centre distance

1.20 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-22%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Price changed to £315,000

February 16, 2025

Listed for £330,000

December 26, 2024

Sold for £190,500

2011

Sold for £166,500

2004

Floor Plans

Description

Set in the popular area of Portswood, currently let for £1690 pcm, this well-presented property is located on the popular residential location of Harefield Road making it an ideal investment opportunity or family home. It has HMO designation under Southampton City’s additional licensing scheme.

Upon entering the property you are greeted with a traditional hallway providing access to all rooms on the ground floor. The property features a ground floor bedroom, suitable for a double bed with space for additional furnishings. The kitchen is appointed with base and wall shaker style cabinetry, work surfaces, sink and drainer, cooking appliances and a freestanding fridge freezer. The kitchen offers access to a spacious conservatory perfect for gatherings overlooking the rear landscaped garden. The garden is a beautiful part of the property and very well maintained, there is shingle placed for low maintenance to the rear of the garden, a central lawn surrounded by shrubs and flowers and a bike/storage shed. Rear access is also available.

Upstairs there are a further three well-proportioned bedrooms which can accommodate bed, desk, wardrobe and drawers. The shower room, located on the ground floor, comprises a shower, hand wash basin and WC.

Further features include, freehold property, double glazing, gas central heating and you will find parking on street.

Please call Morris Dibben to arrange an internal viewing on .

Agent Details

Morris Dibben, Southampton

0238 144 9928

Next Steps?

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