4 Bed HMO, Southampton, SO17 3AP, £300,000

Broadlands Road, Southampton, SO17 3AP - 2 views - 2 months ago

Sold STC
HMO
~129 m²
+7 photos

ValuationUndervalued

Sold Prices£195K - £855K
Sold Prices/m²£2.1K/m² - £5.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.3K/m²

Value Estimate

£369,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Room Rate

£400

Gross Rent

£1,600

Running Costs/mo

£1,743

Cashflow/mo

£-143

Cashflow/yr

£-1,719

Gross Yield

6%

Local Sold Prices

50 sold prices from £195K to £855K, average is £330.8K. £2.1K/m² to £5.6K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£250K02/210.04 mi112, Broadlands Road, Southampton SO17 3AR4
£200K10/200.04 mi130, Broadlands Road, Southampton SO17 3AR4
£232.5K05/210.09 mi40, Mayfield Road, Southampton SO17 3SX4
£232.5K05/210.09 mi40, Mayfield Road, Southampton SO17 3SX4
£290K01/210.11 mi40, Kitchener Road, Southampton SO17 3SG4
£215K11/200.18 mi49, Brickfield Road, Southampton SO17 3AD4
£310K04/210.23 mi53, Granby Grove, Southampton SO17 3RY4
£480K08/230.24 mi104, Upper Shaftesbury Avenue, Highfield, Southampton SO17 3RT4
£270K03/220.24 mi11, Somerset Road, Portswood, Southampton SO17 3AB4
£205K03/210.24 mi48, Northcote Road, Southampton SO17 3AG4
£260K09/210.24 mi52, Northcote Road, Southampton SO17 3AG4
£340K05/210.25 mi23, Ripstone Gardens, Highfield, Southampton SO17 3RF4
£245K04/210.26 mi20, Langhorn Road, Southampton SO16 3TN4
£265K06/210.28 mi6, Bealing Close, Bassett, Southampton SO16 3AW4
£234K03/210.29 mi36, Bealing Close, Southampton SO16 3AX4
£285K03/230.34 mi10, Arnold Road, Southampton SO17 1TG4
£450K09/210.38 mi5, Royston Close, Southampton SO17 1TB4
£326K03/230.39 mi91, Bluebell Road, Southampton SO16 3LL4
£450K01/210.42 mi37, Highfield Crescent, Southampton SO17 1SG4
£270K09/210.47 mi68, Laburnum Road, Southampton SO16 3LH4
£341.4K12/200.49 mi2, Shaftesbury Avenue, Southampton SO17 1SA4
£268K08/210.5 mi54, Kent Road, Southampton SO17 2LH4
£272.5K10/210.5 mi22, Kent Road, Southampton SO17 2LH4
£315K05/230.51 mi17, Lilac Road, Southampton SO16 3DA4
£425K10/220.54 mi90, Belmont Road, Portswood, Southampton SO17 2GF4
£321K06/210.56 mi111, Oaktree Road, Southampton SO18 1PJ4
£403.5K04/210.57 mi15, Roselands Gardens, Highfield, Southampton SO17 1QJ4
£560K06/220.57 miBeechdale, 49a, Roselands Gardens, Highfield, Southampton SO17 1QJ4
£325K01/210.58 mi296, Priory Road, St Denys, Southampton SO17 2LS4
£525K09/210.58 mi33, Roselands Gardens, Southampton SO17 1QG4
£335.6K06/210.59 mi24, Roselands Gardens, Southampton SO17 1QG4
£435K04/210.59 mi87, Ethelburt Avenue, Southampton SO16 3DF4
£375K01/210.59 mi61, Ethelburt Avenue, Bassett Green, Southampton SO16 3DF4
£855K03/210.6 mi22, Abbotts Way, Southampton SO17 1NS4
£315K07/230.61 mi38, Poppy Road, Southampton SO16 3JZ4
£395K09/210.64 mi42, Ash Tree Road, Southampton SO18 1LX4
£525K01/230.65 mi72, Belmont Road, Portswood, Southampton SO17 2GE4
£480K09/220.66 mi52, Highfield Lane, Highfield, Southampton SO17 1QB4
£740K05/230.67 mi73, Brookvale Road, Southampton SO17 1QS4
£195K12/210.67 mi3, Brookside Way, Southampton SO18 2LQ4
£425K03/230.68 mi155, Newton Road, Bitterne Park, Southampton SO18 1NH4
£515K12/200.69 mi1, Glen Eyre Road, Southampton SO16 3GA4
£201K04/220.69 mi97, St Denys Road, Southampton SO17 2FS4
£337.8K03/220.7 mi73, Tennyson Road, Southampton SO17 2HG4
£415K02/210.71 mi27, Bassett Green Village, Bassett, Southampton SO16 3ND4
£580.5K12/200.71 mi21, Orchards Way, Southampton SO17 1RF4
£475K12/200.72 mi8, Stoneham Close, Southampton SO16 2NX4
£350K12/200.73 mi18, The Parkway, Southampton SO16 3PQ4
£470K03/210.73 mi36, The Parkway, Bassett, Southampton SO16 3PQ4
£235K11/200.73 mi9, North Road, Southampton SO17 2LZ4

Local Area Statistics

Population in SO17

19,429

Population in Southampton

428,247

Town centre distance

0.98 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-22%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £300,000

February 20, 2025

Floor Plans

Description

  • Four Double Bedroom Let +
  • C3 / C4 Use +
  • Ideal Investment +
  • Tenants in Situ until June 2025 +
  • No Forward Chain +
  • Two Bathrooms +
  • Terraced Home +
  • University of Southampton within 1 Mile +
  • Portswood within 1 Mile +
  • Public Transport Links +

Flexible C3/C4 Use HMO INVESTMENT PROPERTY

Located in sought after Broadlands Road in Swaythling, situated just a stone's throw from Southampton University Highfield Campus and the City Centre is this excellent opportunity offering both a family home or, a rental investment/ HMO with C4 use (currently let out until June 2025 achieving £1600 per month).

This property comprises of a reception, kitchen, four double bedrooms and two separate shower rooms with W.C. The front of the house offers a front lawn with pathway, with the rear garden being part hard standing and part laid to lawn. Off road parking. Further, this property benefits from gas central heating and double glazing.

Tenure: Freehold

In line with Money Laundering Regulations, successful buyers will be required to complete digital identity checks provided by Coadjute’s Assured Compliance service. The cost of these checks is £48 inc. VAT per purchaser,  which is paid in advance directly to Coadjute’s Assured Compliance service.   This charge verifies your identity and source of funds in line with our obligations to HMRC.

Agent Details

Hunters, Southampton

0238 144 9984

Next Steps?

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