2 Bed Flat, Single Let, Southampton, SO17 2ER, £180,000

Lawn Road, Southampton, Hampshire, SO17 2ER - 3 views - 3 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£104K - £525K
Sold Prices/m²£2K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£161,978

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£950 - £1,375

Rent Estimate

£950

Running Costs/mo

£773

Cashflow/mo

£178

Cashflow/yr

£2,130

ROI

4%

Gross Yield

6%

Local Sold Prices

49 sold prices from £104K to £525K, average is £180K. £2K/m² to £3.8K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£168K06/210.16 mi31, Adelaide Road, Southampton SO17 2HU2
£138K07/210.19 mi36, Shakespeare Avenue, Southampton SO17 2HB2
£160K02/230.2 miFlat 1, Ascupart House, Portswood Road, Southampton SO17 2US2
£150K09/210.2 miFlat 8, Ascupart House, Portswood Road, Southampton SO17 2US2
£150K05/230.2 miFlat 11, Ascupart House, Portswood Road, Southampton SO17 2US2
£142K04/230.2 miFlat 4, Ascupart House, Portswood Road, Southampton SO17 2US2
£160K08/230.25 mi8a, Rigby Road, Southampton SO17 2EU2
£167K08/210.3 mi100b, Adelaide Road, Southampton SO17 2HX2
£202K12/210.4 miFlat 11, Westwood Mansions, Westwood Road, Southampton SO17 1UY2
£190K05/210.41 miFlat 1, Elm Court, Westwood Road, Southampton SO17 1DX2
£182K09/210.41 miFlat 3, Elm Court, Westwood Road, Southampton SO17 1DX2
£195K12/200.41 miFlat 9, Elm Court, Westwood Road, Southampton SO17 1DX2
£190K07/210.46 miFlat 6, Westwood Court, Westwood Road, Southampton SO17 1UX2
£227.5K09/210.46 miFlat 2, Westwood Court, Westwood Road, Southampton SO17 1UX2
£210K07/210.46 miFlat 5, Westwood Court, Westwood Road, Southampton SO17 1UX2
£195K06/230.47 miFlat 19, St Michaels Court, Priory Close, Southampton SO17 2FR2
£145K08/210.47 mi72b, Bitterne Road West, Southampton SO18 1AP2
£252.5K07/230.49 miFlat 1, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£210K04/230.49 mi5, Padwell Road, Southampton SO14 6QY2
£174K07/210.5 miFlat 3, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£180K02/210.5 miFlat 2, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£170K07/230.51 mi217, Priory Road, St Denys, Southampton SO17 2LR2
£178.5K04/230.54 miFlat 6, Buckingham Court, Westwood Road, Southampton SO17 1HD2
£150K03/210.54 miFlat 12, Buckingham Court, Westwood Road, Southampton SO17 1HD2
£525K12/200.54 mi103, Highfield Lane, Southampton SO17 1NN2
£104K04/210.55 mi6a, Cranbury Avenue, Southampton SO14 0LQ2
£118.5K12/200.61 mi51a, Alfred Street, Southampton SO14 0NB2
£202K09/230.62 mi18, Riverdene Place, Southampton SO18 1UG2
£205K05/210.63 mi68, Riverdene Place, Southampton SO18 1UH2
£202K12/200.68 mi12, Moore Close, Southampton SO15 2RS2
£192K11/210.72 mi36, James Weld Close, Southampton SO15 2SW2
£195K10/210.72 mi43, James Weld Close, Southampton SO15 2SW2
£155K03/210.73 mi32a, St Catherines Road, Southampton SO18 1LJ2
£152K08/210.74 miFlat 2, Cranford House, Cranford Way, Southampton SO17 1UE2
£218K02/230.74 mi16, James Weld Close, Southampton SO15 2SW2
£168K12/200.75 mi11a, St Catherines Road, Southampton SO18 1LL2
£153K12/200.76 miFlat 4, Banister Court, Court Road, Southampton SO15 2JS2
£156K04/210.79 miFlat 3, Christine Court, Cobbett Road, Bitterne Park, Southampton SO18 1RD2
£163K01/230.82 mi619, Portswood Road, Southampton SO17 3SL2
£212K04/230.85 mi23a, Hillside Avenue, Bitterne Park, Southampton SO18 1LD2
£185K12/210.88 miFlat 1, Kingfisher Court, Highfield Road, Southampton SO17 1UN2
£177.5K01/210.94 miFlat 20, Deepdene, Midanbury Lane, Southampton SO18 4TQ2
£185K09/210.94 miFlat 21, Deepdene, Midanbury Lane, Southampton SO18 4TQ2
£175K03/230.96 miFlat 4, Beech Court, Beech Avenue, Southampton SO18 4TS2
£210K06/230.96 mi2, Arlott Court, Southampton SO15 2RZ2
£197K08/230.96 mi30, Arlott Court, Southampton SO15 2RZ2
£170K03/230.99 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£190K03/210.99 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£250K03/230.99 miFlat 35, Osborne House, Grosvenor Square, Southampton SO15 2DA2

Local Rents

50 rents from £950/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£95009/240.1 miLawn Court, Portswood2
£1,20009/240.1 miLawn Court, Portswood2
£1,30009/240.1 miLawn Road, Southampton2
£95009/240.12 miLawn Road, Portswood2
£1,20009/240.15 miBelmont Road, Southampton2
£1,10009/240.15 miBelmont Road, Portswood2
£1,10009/240.17 mi|Ref: R153069|, Belmont Road, Southampton, SO17 2GD2
£97509/240.19 miPortswood Park, Southampton SO172
£1,30009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,27509/240.2 miPortswood Road, Southampton2
£1,28509/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,32009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,29509/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,30009/240.2 miPortswood Road, Southampton2
£1,33509/240.2 miPortswood Road, Southampton2
£1,33509/240.2 miPortswood Road, Southampton2
£1,25009/240.2 miPortswood Road, Southampton2
£1,37509/240.2 miPortswood Road, Southampton, SO172
£1,37509/240.2 miPortswood Road, Southampton, SO172
£1,05009/240.21 miPortswood Road, Southampton, Hampshire, SO172
£1,35009/240.21 miWestridge Road, Southampton2
£1,20004/250.21 mi-2
£1,25002/240.21 miWestridge Road, Southampton, Hampshire, SO172
£1,29502/240.22 mi-2
£1,29504/250.22 mi-2
£1,29502/240.22 mi-2
£1,29508/240.22 mi-2
£1,25009/240.22 miIvy Road, SOUTHAMPTON2
£1,12009/240.22 miPortswood Road, Southampton2
£1,00009/240.23 miPortswood Road, Southampton2
£1,25002/250.23 mi-2
£1,25002/250.23 mi-2
£1,05009/240.24 mi|Ref: R152070|, Portswood Road, Southampton, SO17 2FU2
£1,05009/240.24 mi|Ref: R204016|, Portswood Road, Southampton, SO17 2FU2
£1,05009/240.24 miPortswood Road, SOUTHAMPTON2
£1,05009/240.24 miPortswood Road, SOUTHAMPTON2
£1,05011/240.25 mi-2
£1,05009/240.27 miTennyson Road, Southampton2
£1,10009/240.28 miAlma Road, Portswood, Southampton2

Local Area Statistics

Population in SO17

19,429

Population in Southampton

428,247

Town centre distance

0.10 miles away

Nearest school

0.40 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-22%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £180,000

January 2, 2025

Floor Plans

Description

Situated in the popular location of Lawn Road, St. Denys, this top-floor apartment offers the perfect blend of comfort and convenience. With excellent commuting links to the city centre, easy access to the M27, and St. Denys train station just a short walk away, this property is ideal for professionals and commuters alike.

The apartment features two well-proportioned double bedrooms, both offering ample space for storage and furnishings. These are complemented by a three-piece bathroom suite, providing functionality and style.

At the heart of the home, you'll find an open-plan lounge diner, a bright and airy space enhanced by large windows and French doors that open onto a Juliet balcony. This rear-facing aspect offers views of the development and invites plenty of natural light. Adjacent to the living area is a fitted kitchen, complete with a Velux window and space for all essential appliances.

The property is in good decorative order throughout and includes the added benefit of secure gated parking. Don't miss the opportunity to view this superb apartment, offering both comfort and convenience in a prime location.

Agent Details

Morris Dibben, Southampton

0238 144 9928

Next Steps?

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