3 Bed Semi-Detached House, Refurb/BRRR, Eastleigh, SO53 5QJ, £375,000

Ashdown Road, Chandler's Ford, Eastleigh, Hampshire, SO53 5QJ - 4 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£289K - £930K
Sold Prices/m²£2.9K/m² - £5.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£382,500

 

 

End Value (After Refurb)

£329,519

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£41,850

Bridging Loan Interest

£9,844

Total Cash In

£165,894

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£329,519

Mortgage (After Refinance)

£247,139

Mortgage LTV

75%

Cash Left In

£165,894

Equity

£82,380

Rent Range

£1,300 - £2,250

Rent Estimate

£1,661

Running Costs/mo

£1,382

Cashflow/mo

£279

Cashflow/yr

£3,349

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £289K to £930K, average is £446.1K. £2.9K/m² to £5.9K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£550K12/220.02 mi6, Heathfield Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RS3
£447.5K12/220.04 mi28, Maytree Road, Chandler's Ford, Eastleigh, Hampshire SO53 5RU3
£330K03/210.06 mi16, Maytree Road, Chandler's Ford, Eastleigh, Hampshire SO53 5RU3
£417K08/210.07 mi47, Maytree Road, Chandler's Ford, Eastleigh, Hampshire SO53 5RT3
£400K03/210.08 mi26, Walnut Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RQ3
£353K06/210.08 mi6, Ashdown Close, Chandler's Ford, Eastleigh, Hampshire SO53 5QF3
£340K06/210.1 mi31, Maytree Road, Chandler's Ford, Eastleigh, Hampshire SO53 5RT3
£442.5K03/230.1 mi21, Maytree Road, Chandler's Ford, Eastleigh, Hampshire SO53 5RT3
£532.5K03/210.14 mi28, Hazel Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RF3
£416K01/210.14 mi23, Hazel Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RF3
£400K05/210.15 mi61, Ashdown Road, Chandler's Ford, Eastleigh, Hampshire SO53 5QX3
£310K01/210.16 mi7, Hazel Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RF3
£330K05/210.17 mi27, Charnwood Crescent, Chandler's Ford, Eastleigh, Hampshire SO53 5QN3
£615K06/210.19 mi14, Nichol Road, Chandler's Ford, Eastleigh, Hampshire SO53 5AS3
£565K12/200.19 mi36, Nichol Road, Chandler's Ford, Eastleigh, Hampshire SO53 5AS3
£289K12/200.19 mi71, Sycamore Avenue, Chandler's Ford, Eastleigh, Hampshire SO53 5RG3
£374K07/230.2 mi59, Sycamore Avenue, Chandler's Ford, Eastleigh, Hampshire SO53 5RG3
£415K06/230.2 mi42, Charnwood Crescent, Chandler's Ford, Eastleigh, Hampshire SO53 5QT3
£930K09/210.28 mi67, Hocombe Road, Chandler's Ford, Eastleigh, Hampshire SO53 5QA3
£650K04/230.31 mi40, Gordon Road, Chandler's Ford, Eastleigh, Hampshire SO53 5AN3
£455K03/230.37 mi33, Pine Crescent, Chandler's Ford, Eastleigh, Hampshire SO53 1LN3
£406K06/210.43 mi30a, Pine Road, Chandler's Ford, Eastleigh, Hampshire SO53 1LJ3
£630K05/230.52 mi4, Rosemoor Grove, Chandler's Ford, Eastleigh, Hampshire SO53 1TB3
£425K11/200.52 mi13, Rosemoor Grove, Chandler's Ford, Eastleigh, Hampshire SO53 1TB3
£600K03/230.53 mi3, Cranborne Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 1TA3
£495K12/210.53 mi40, Linden Grove, Chandler's Ford, Eastleigh, Hampshire SO53 1LD3
£520K01/230.55 mi2, Malcolm Close, Chandler's Ford, Eastleigh, Hampshire SO53 5BL3
£550K06/230.58 mi11, Ashbridge Rise, Chandler's Ford, Eastleigh, Hampshire SO53 1SA3
£450K11/200.58 mi30, Malcolm Road, Chandler's Ford, Eastleigh, Hampshire SO53 5BG3
£475K09/210.63 mi11, Common Close, Chandler's Ford, Eastleigh, Hampshire SO53 1HF3
£550K11/200.63 mi127, Park Road, Chandler's Ford, Eastleigh, Hampshire SO53 1HX3
£589K05/210.64 mi60, Common Road, Chandler's Ford, Eastleigh, Hampshire SO53 1HP3
£437K08/230.68 mi6, Nickson Close, Chandler's Ford, Eastleigh, Hampshire SO53 1HD3
£440K06/210.68 mi183, Hursley Road, Chandler's Ford, Eastleigh, Hampshire SO53 1JH3
£455K12/220.69 mi1, Heathlands Close, Chandler's Ford, Eastleigh, Hampshire SO53 1GX3
£395K07/230.7 mi86, Common Road, Chandler's Ford, Eastleigh, Hampshire SO53 1HB3
£650K03/210.72 mi20, Grosvenor Road, Chandler's Ford, Eastleigh, Hampshire SO53 5BW3
£440K05/230.74 mi52, Flexford Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RZ3
£565K11/200.76 mi128, Kingsway, Chandler's Ford, Eastleigh, Hampshire SO53 5DW3
£350K03/210.76 mi71, Flexford Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RY3
£400K02/230.76 mi11, Flexford Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RY3
£550K06/210.78 mi20, Valley Road, Chandler's Ford, Eastleigh, Hampshire SO53 1GP3
£405K08/230.82 mi1, Brownhill Close, Chandler's Ford, Eastleigh, Hampshire SO53 2QH3
£491K06/230.86 mi84, Hursley Road, Chandler's Ford, Eastleigh, Hampshire SO53 1JB3
£444.6K05/210.88 mi111, Hursley Road, Chandler's Ford, Eastleigh, Hampshire SO53 1JD3
£310K06/210.88 mi87a, Brownhill Road, Chandler's Ford, Eastleigh, Hampshire SO53 2FH3
£405K05/210.9 mi30, Westwood Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 1FN3
£450K01/230.9 mi91, Brownhill Road, Chandler's Ford, Eastleigh, Hampshire SO53 2FH3
£550K12/200.94 mi6, Parklands Close, Chandler's Ford, Eastleigh, Hampshire SO53 2EQ3
£550K04/230.97 mi9, Crummock Road, Chandler's Ford, Eastleigh, Hampshire SO53 4SG3

Local Rents

11 rents from £1.3K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,72501/250.08 mi-3
£1,55009/240.08 miAshdown Close, Hiltingbury3
£1,45009/240.1 miMaytree Road, Chandlers Ford, EASTLEIGH3
£1,45009/240.76 miFlexford Close3
£1,65009/240.85 miNeilson Close, Chandlers Ford3
£1,95009/240.92 miPark Road, Chandler's Ford3
£1,70009/240.97 miKelburn Close, South Millers Dale, Chandlers Ford3
£1,45009/241 miCarthage Close, Chandler's Ford3
£2,25009/241.02 miChandler's Ford3
£1,80009/241.11 miFowey Close, Chandler's Ford3
£1,30009/241.22 miMead Road, Chandler's Ford, Hampshire, SO533

Local Area Statistics

Population in SO53

32,409

Population in Eastleigh

78,741

Town centre distance

2.38 miles away

Nearest school

0.30 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £375,000

January 30, 2025

Floor Plans

Description

  • Spacious three-bedroom semi-detached home +
  • Significant potential for modernisation throughout +
  • Thornden School catchment +
  • Private driveway with ample parking space +
  • Workshop/ storage area +

This spacious three-bedroom semi-detached home is set in a sought-after residential area and offers an excellent opportunity to create a dream family home.

With a practical layout and significant potential for modernisation, it’s ideal for families or those looking to invest. Notably, the property is situated within the highly desirable Thornden School catchment area, making it perfect for those prioritising outstanding education opportunities. The ground floor welcomes you with a bright and airy entrance hall that leads into a generous living room. Large windows flood the space with natural light, creating a warm and inviting atmosphere. The kitchen, paired with an adjoining dining area, provides ample space and flexibility for redesign or modernisation to suit contemporary tastes. Upstairs, the property features three well-proportioned bedrooms. The main bathroom is functional in design, complete with a separate shower enclosure. Outside, the front of the property boasts a private driveway with ample parking space, while the rear garden is a peaceful retreat. A combination of patio and lawn areas, bordered by mature shrubs creates a private outdoor sanctuary. There is also a workshop or storage area, adding to the home’s practicality.

ADDITIONAL INFORMATION

Materials used in construction: Brick

For further information on broadband and mobile coverage, please refer to the Ofcom Checker online

Chandler’s Ford is a popular Hampshire town with a variety of shops, restaurants, traditional inns and with Chilworth golf course also within easy reach. Schooling is typically outstanding. The local catchment schools are Hiltingbury Infant and Junior and the sought after Thornden Secondary school. Independent schools include Sherbourne House, The Pilgrims’ School, Princes Mead, Twyford School, St Swithun’s School and Winchester College. It is approximately a 15-minute drive to Winchester and a 17-minute drive to Southampton, both cities have an extensive range of facilities. Communications are excellent with the M3 and M27 nearby and the railway station has links to Winchester and Southampton; London Waterloo is 57 minutes from Winchester and 65 minutes from Southampton Parkway.

Agent Details

Charters, Chandlers Ford

0238 001 5856

Next Steps?

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