8 Bed HMO, Southampton, SO15 5AE, £495,000

Hill Lane, Southampton, SO15 5AE - 8 views - 2 months ago

Sold STC
HMO
ROI: 7%
~248 m²
+16 photos

ValuationUndervalued

Sold Prices£165K - £640K
Sold Prices/m²£2.1K/m² - £6K/m²

 

 

Square Metres

~248 m²
Price/m²£2K/m²

Value Estimate

£598,950
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£28,300

Total Cash In

£152,050

 

 

Cash Out

 

Room Rate

£521

Gross Rent

£4,168

Running Costs/mo

£3,319

Cashflow/mo

£849

Cashflow/yr

£10,194

ROI

7%

Gross Yield

10%

Local Sold Prices

50 sold prices from £165K to £640K, average is £472.5K. £2.1K/m² to £6K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£353.5K06/210.05 mi118, Hill Lane, Southampton SO15 5DD4
£610K03/230.08 mi26, Thornbury Avenue, Southampton SO15 5BR4
£487K01/210.13 mi168, Hill Lane, Southampton SO15 5DB4
£382K08/210.13 mi76, The Dell, Southampton SO15 2AR4
£525K02/230.16 mi12, Northlands Gardens, Southampton SO15 2NL4
£435K11/200.19 mi23, Greville Road, Southampton SO15 5AW4
£490K06/210.21 mi12, Hill Farm Road, Southampton SO15 5SP4
£530K03/210.21 mi27, Hill Farm Road, Southampton SO15 5SP4
£475K02/210.21 mi9, Hill Farm Road, Southampton SO15 5SP4
£540K11/220.24 mi40, Atherley Road, Southampton SO15 5DQ4
£417.5K12/200.25 mi77, Suffolk Avenue, Shirley, Southampton SO15 5EF4
£438K01/210.27 mi36, Norfolk Road, Southampton SO15 5AS4
£640K10/220.28 mi3, Raymond Road, Southampton SO15 5AG4
£500K03/230.29 mi33, Arthur Road, Southampton SO15 5DX4
£515K10/220.29 mi32, Mayfair Gardens, Southampton SO15 2TW4
£580K02/230.3 mi3, Evelyn Crescent, Southampton SO15 5JF4
£607K04/210.3 mi14, Atherley Court, Southampton SO15 7NG4
£480K02/230.31 mi14, Rollesbrook Gardens, Southampton SO15 5WA4
£375K12/220.32 mi81, Stafford Road, Shirley, Southampton SO15 5EE4
£573.5K06/210.33 mi206, Hill Lane, Southampton SO15 7NQ4
£310K06/210.35 mi1b, Alexandra Road, Southampton SO15 5DH4
£600K09/220.36 mi154, Malmesbury Road, Shirley, Southampton SO15 5EZ4
£280K01/210.36 mi16, Kenilworth Road, Southampton SO15 2GB4
£460K05/210.36 mi40, Hill Lane, Southampton SO15 5AY4
£280K01/210.36 mi16, Kenilworth Road, Southampton SO15 2GB4
£415K11/210.37 mi62, Alexandra Road, Southampton SO15 5DG4
£565K08/230.38 mi16, South View Road, Southampton SO15 5JB4
£430K04/210.46 mi20, St James Road, Southampton SO15 5FG4
£350K05/230.47 mi186, Wilton Road, Southampton SO15 5HZ4
£465K12/200.48 mi79, Janson Road, Shirley, Southampton SO15 5GL4
£405K06/210.5 mi84b, The Avenue, Southampton SO17 1XJ4
£517.5K11/210.51 mi38, Kellett Road, Upper Shirley, Southampton SO15 7PR4
£550K07/230.51 mi13, Radway Road, Southampton SO15 7PT4
£385K09/230.51 mi183, Wilton Road, Southampton SO15 5HY4
£525K09/210.52 mi165, Wilton Road, Southampton SO15 5HY4
£470K05/230.54 mi16, Radway Road, Southampton SO15 7PW4
£438K02/210.55 mi36, St James Road, Shirley, Southampton SO15 5FF4
£165K05/210.56 mi13, Foundry Lane, Southampton SO15 3FX4
£600K03/210.56 mi2, Kineton Road, Southampton SO15 7PQ4
£595K02/230.57 mi36, Radway Road, Southampton SO15 7PJ4
£481K06/210.59 mi27, Cunard Avenue, Southampton SO15 5GN4
£498K11/200.6 mi35a, Avenue Road, Southampton SO14 6TR4
£280K08/210.61 mi35, Waverley Road, Southampton SO15 1JF4
£490K12/200.62 mi36, Radway Road, Southampton SO15 7PJ4
£415K03/230.63 mi8, Ordnance Road, Southampton SO15 2BA4
£310K09/210.63 mi1c, Cambridge Road, Southampton SO14 6RB4
£635K06/210.65 mi236, Hill Lane, Southampton SO15 7NT4
£420K06/230.67 mi2, Gurney Road, Southampton SO15 5GE4
£432K03/210.68 mi15, Gurney Road, Southampton SO15 5GF4
£216K01/210.7 mi26, Castle Street, Southampton SO14 6HF4

Local Area Statistics

Population in SO15

41,701

Population in Southampton

428,247

Town centre distance

1.01 miles away

Nearest school

0.20 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-20%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £495,000

February 19, 2025

Floor Plans

Description

  • Fully licenced HMO for 20 years Licence no. 2019/07080/MANRST +
  • 8 Bedrooms +
  • Furniture optional +
  • Fire and lighting systems +
  • 3 Bathrooms +
  • Parking 4 cars +
  • Garden +
  • Energy Performance +
  • Southampton Tax Band D +
  • Good ROI +

Martin & Co Southampton are delighted to offer for sale this excellent investment property with HMO licence situated in the popular residential location of Shirley. The property is a semi detached house and has an HMO licence for 8 persons and generates a very attractive yield with a potential annual estimated income of £50,000per annum. The accommodation is spread across three floors and benefits from off road parking and a private enclosed rear garden. The property is being offered for sale with no forward chain. An early internal inspection is highly recommended to appreciate the accommodation we have on offer. 

ENTRANCE: Paved driveway with gates leading to side and rear. Car space 4+  

HALL: Stairs to all floors.  

2nd Floor (top floor).  

ROOM 8 5.47M X 3.57M Window to front aspect 

ROOM 7 4.98m x 2.32 m Window to Front aspect 

ROOM 6 5.20m x 2.26m Window to Front aspect  

1st Floor  

ROOM 4 4.58m x 4.30m Window to front aspect 

Room 5. 4.32m x 3.58m. Window to side aspect, storage cupboard, hand basin. 

STORAGE ROOM  

BATHROOM: Includes Electric shower, low level WC and handbasin, window with obscured glass. 

ROOM 3 (measurements req)  

Ground floor  

ROOM 2 4.20m x 3.53m Window to side aspect. Storage cupboard. Hand basin. 

ROOM 1 480m x 4.62m Window to front aspect. 

LOUNGE/DINING 4.81m x 2.90m. Neutral décor, with laminate floor. 

KITCHEN 4.49m x 2.92m. Good range of wall and base units. Two sinks, fridge/freezer plus fridge, x2 oven and hobs, 2x washing machines with window to side aspect. Windows to side aspect. 

BATHROOM Shower, low level WC and hand basin. Rear door. 

OUTSIDE Patio and shingle to rear fence. 

OTHER INFORMATION.  

Telephone points: Yes  

Sky Point No  

Terrestrial TV aerial Yes  

Smoke alarms Yes  

Security Alarm No  

Gas central heating  

Energy performance Rating UNKNOWN  

Tenure : Freehold  

HMO Licenced  

Full fire and lighting system  

Broadband - subject to connection  

Southampton City council Tax band. D

Agent Details

Martin & Co, Southampton

0238 144 9982

Next Steps?

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