4 Bed HMO, Southampton, SO14 6UA £275,000

Avenue Road, Portswood, Southampton, Hampshire, SO14 6UA - 10 views - 10 months ago
Sold STC
HMO
ROI: 7%
~129 m²
Property image

ValuationUndervalued

Sold Prices£236K - £1.2M
Sold Prices/m²£1.8K/m² - £21.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.1K/m²

Value Estimate

£332,750
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Room Rate

£568

Gross Rent

£2,272

Running Costs/mo

£1,805

Cashflow/mo

£467

Cashflow/yr

£5,602

ROI

7%

Gross Yield

10%

Local Sold Prices

50 sold prices from £236K to £1.2M, average is £470K. £1.8K/m² to £21.4K/m², average is £3.3K/m².

Price
Date
Distance
Address
Beds
 
£275K02/250.12 mi53, Livingstone Road, Southampton SO14 6WL4
£275K02/250.12 mi53, Livingstone Road, Southampton SO14 6WL4
£400K03/220.14 mi77, Alma Road, Southampton SO14 6UQ4
£470K02/230.15 mi105, Livingstone Road, Southampton SO14 6WP4
£291K12/210.15 mi53, Avenue Road, Southampton SO14 6TW4
£470K02/230.15 mi105, Livingstone Road, Southampton SO14 6WP4
£300K01/240.18 mi3, Shakespeare Avenue, Portswood, Southampton SO17 2HA4
£315K01/220.2 mi51a, Cedar Road, Portswood, Southampton SO14 6HH4
£355K01/240.2 mi130, Gordon Avenue, Southampton SO14 6WG4
£355K01/240.2 mi130, Gordon Avenue, Southampton SO14 6WG4
£300K01/240.21 mi3, Shakespeare Avenue, Southampton SO17 2HA4
£236K04/220.21 mi27, Thackeray Road, Southampton SO17 2GS4
£241K10/230.23 mi18, Thackeray Road, Southampton SO17 2GT4
£570K11/240.26 miSunnyside, Westwood Road, Southampton SO17 1DP4
£570K11/240.26 miSunnyside, Westwood Road, Southampton SO17 1DP4
£360K05/250.33 mi73, Tennyson Road, Southampton SO17 2HG4
£360K05/250.33 mi73, Tennyson Road, Southampton SO17 2HG4
£470K09/240.35 mi66, Belmont Road, Portswood, Southampton SO17 2GE4
£950K01/240.35 mi2, Russell Place, Southampton SO17 1NU4
£740K11/240.36 mi18, Blenheim Avenue, Southampton SO17 1DU4
£740K11/240.36 mi18, Blenheim Avenue, Southampton SO17 1DU4
£750K03/250.37 mi44, Blenheim Avenue, Southampton SO17 1DU4
£750K03/250.37 mi44, Blenheim Avenue, Southampton SO17 1DU4
£273.5K09/210.37 mi43, Southcliff Road, Southampton SO14 6HR4
£820K12/240.43 mi27, Abbotts Way, Southampton SO17 1NW4
£820K12/240.43 mi27, Abbotts Way, Southampton SO17 1NW4
£645K01/240.44 mi4a Miraflores, Westbourne Crescent, Southampton SO17 1EE4
£525K01/230.44 mi72, Belmont Road, Portswood, Southampton SO17 2GE4
£1.2M11/240.44 mi38, Brookvale Road, Southampton SO17 1QR4
£1.2M11/240.44 mi38, Brookvale Road, Southampton SO17 1QR4
£405K06/210.47 mi84b, The Avenue, Southampton SO17 1XJ4
£320K03/220.47 mi21, Denzil Avenue, Southampton SO14 0LP4
£515K05/250.49 mi8, James Weld Close, Southampton SO15 2SW4
£515K05/250.49 mi8, James Weld Close, Southampton SO15 2SW4
£740K05/230.49 mi73, Brookvale Road, Southampton SO17 1QS4
£650K11/240.5 mi80, Orchards Way, Southampton SO17 1RE4
£650K11/240.5 mi80, Orchards Way, Southampton SO17 1RE4
£440K02/250.51 mi3, Cranbury Place, Southampton SO14 0LG4
£440K02/250.52 mi3, Cranbury Place, Southampton SO14 0LG4
£765K08/240.53 mi78, Orchards Way, Southampton SO17 1RE4
£425K10/220.54 mi90, Belmont Road, Portswood, Southampton SO17 2GF4
£410K07/230.54 mi40, Oakmount Avenue, Southampton SO17 1ED4
£289.9K10/240.55 mi8, South Road, St Denys, Southampton SO17 2JL4
£362.5K06/230.56 mi12, Hawkeswood Road, Southampton SO18 1AB4
£515K10/220.57 mi32, Mayfair Gardens, Southampton SO15 2TW4
£485K12/240.58 mi91, Marshall Square, Southampton SO15 2PD4
£415K03/230.59 mi8, Ordnance Road, Southampton SO15 2BA4
£484.5K06/240.64 mi4, Royston Close, Southampton SO17 1TB4
£484.5K06/240.64 mi4, Royston Close, Southampton SO17 1TB4
£450K09/210.64 mi5, Royston Close, Southampton SO17 1TB4

Local Area Statistics

Population in SO14

27,223

Population in Southampton

428,247

Town centre distance

0.17 miles away

Nearest school

0.20 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+1%

Property History

Listed for £275,000

January 23, 2025

Floor Plans

Property image

Description

A well-presented end of terrace house located in a popular part of Portswood that is being used as a four bedroom HMO and it is currently let and already let for the 2025/26 academic year too at £21,840.

On the ground floor there is a generously sized communal lounge, a well-appointed kitchen, a good size double bedroom and a shared bathroom. The first floor has three further double bedrooms and a modern shower room.

To the rear of the house is a charming garden of a southerly aspect which is enclosed with a courtesy gate.

Agent Details

Morris Dibben, Southampton

0238 144 9928

Next Steps?

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