3 Bed Terraced House, Refurb/BRRR, Southampton, SO19 9HP, £250,000

Gordon Terrace, Southampton, SO19 9HP - 5 views - 2 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£165K - £492.5K
Sold Prices/m²£1.7K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£252,500

 

 

End Value (After Refurb)

£331,565

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£42,000

Bridging Loan Interest

£6,563

Total Cash In

£121,513

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£331,565

Agent Fees (1%)

£3,316

Bridging Loan

£187,500

Bridging Loan Interest

£6,563

Flip Profit

£19,237

Local Sold Prices

50 sold prices from £165K to £492.5K, average is £284K. £1.7K/m² to £4.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£310K12/200.14 mi234, Weston Lane, Southampton SO19 9HL3
£380K07/230.16 mi269, Spring Road, Southampton SO19 2NZ3
£380K01/210.18 mi281, Upper Weston Lane, Southampton SO19 9HY3
£492.5K12/220.19 mi192, Weston Lane, Woolston, Southampton SO19 9HL3
£330K03/210.23 mi13, Archery Grove, Woolston, Southampton SO19 9FB3
£285K03/210.23 mi47, Newtown Road, Southampton SO19 9HX3
£320K07/230.23 mi80, Archery Grove, Woolston, Southampton SO19 9EY3
£300K03/230.24 mi13, Temple Gardens, Southampton SO19 9FD3
£249.9K03/210.24 mi56, Newtown Road, Southampton SO19 9HQ3
£299.9K02/230.27 mi34, St Monica Road, Sholing, Southampton SO19 8FH3
£265K09/210.28 mi35a, Middle Road, Southampton SO19 8FR3
£280K03/230.28 mi35a, Middle Road, Sholing, Southampton SO19 8FR3
£257K03/210.28 mi1, Viceroy Road, Southampton SO19 8FJ3
£277.4K02/210.28 mi4, Garrick Gardens, Southampton SO19 9RB3
£285K05/230.29 mi143, Bramley Crescent, Southampton SO19 9LG3
£311K03/230.29 mi151, Bramley Crescent, Southampton SO19 9LG3
£240K03/210.29 mi48, Church View Close, Southampton SO19 8SJ3
£315K12/220.32 mi12, Bracklesham Close, Southampton SO19 8TD3
£320K06/230.32 mi15, Bracklesham Close, Southampton SO19 8TD3
£350K02/230.36 mi23, Bay Road, Southampton SO19 8EZ3
£280K01/210.37 mi153, Porchester Road, Woolston, Southampton SO19 2JA3
£322K03/230.37 mi135, Porchester Road, Woolston, Southampton SO19 2JA3
£287K04/210.38 mi128, Radstock Road, Southampton SO19 2HU3
£306K06/210.38 mi143, Porchester Road, Southampton SO19 2JA3
£287.5K06/210.39 mi24a, Maxwell Road, Sholing, Southampton SO19 8EU3
£283K02/210.4 mi25, St Annes Gardens, Woolston, Southampton SO19 9FJ3
£300K12/200.4 mi23, St Annes Gardens, Woolston, Southampton SO19 9FJ3
£240K05/230.4 mi25, Deeping Close, Southampton SO19 9QA3
£360K03/210.4 mi113, Radstock Road, Southampton SO19 2HW3
£267K11/200.4 mi155, Radstock Road, Southampton SO19 2HW3
£210K12/200.41 mi21, Barnfield Way, Weston, Southampton SO19 9GU3
£277.8K06/230.42 mi17, Bramley Crescent, Southampton SO19 9LN3
£270K03/210.43 mi19, Kathleen Road, Southampton SO19 8EW3
£227.5K02/210.43 mi70, Bramley Crescent, Southampton SO19 9LL3
£180K01/210.43 mi23, Bacon Close, Weston, Southampton SO19 9PZ3
£165K06/210.43 mi17, Bacon Close, Weston, Southampton SO19 9PZ3
£371K08/230.43 mi98, Knighton Road, Southampton SO19 2FN3
£360K09/210.44 mi18, Cecil Road, Southampton SO19 2HX3
£248.5K01/210.44 mi21, Dyserth Close, Southampton SO19 9HU3
£300K08/210.44 mi2, Cecil Road, Southampton SO19 2HX3
£265K12/200.45 mi110, Porchester Road, Woolston, Southampton SO19 2JD3
£217K03/210.45 mi50, Hawkhurst Close, Southampton SO19 9AX3
£240K11/210.45 mi26, Barnfield Road, Southampton SO19 9GS3
£289K03/210.45 mi95, Knighton Road, Southampton SO19 2FP3
£267.5K06/210.47 mi82, Porchester Road, Southampton SO19 2JD3
£240K04/210.47 mi140, South East Road, Sholing, Southampton SO19 8LS3
£330K05/230.48 mi26a, Grove Place, Southampton SO19 9QY3
£235K07/210.48 mi147, Butts Road, Southampton SO19 1BG3
£240K10/210.48 mi134, South East Road, Sholing, Southampton SO19 8LR3
£177K03/210.48 mi37, Hawkhurst Close, Southampton SO19 9AW3

Local Rents

25 rents from £1.1K/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,60009/240.22 miUpper Weston Lane, Southampton, Hampshire, SO193
£1,60009/240.24 miPortsmouth Road, Woolston3
£1,39502/240.24 miPortsmouth Road, Southampton, Hampshire, SO193
£1,40009/240.29 miSholing3
£1,30003/250.36 mi-3
£1,40009/240.36 miBay Road, Sholing3
£1,90009/240.36 miArchery Grove, Woolston, SO193
£1,35009/240.38 miJameson Road, Itchen, Southampton, Hampshire, SO193
£1,50009/240.39 miLoane Road, Sholing3
£1,40009/240.43 miKnighton Road, Southampton3
£1,15009/240.45 miPoulner Close3
£1,47512/240.47 mi-3
£1,33006/230.51 mi-3
£1,45009/240.52 miWeston Lane, SOUTHAMPTON3
£1,65010/240.52 mi-3
£1,65010/240.52 mi-3
£1,50009/240.52 mi-3
£1,50009/240.53 miLeighton Road, SOUTHAMPTON3
£1,50009/240.53 miLeighton Road, SOUTHAMPTON3
£1,45012/230.56 mi-3
£1,45009/240.58 miFort Road, Southampton, Hampshire, SO193
£1,45010/240.58 mi-3
£1,45009/240.59 miHawkley Green, SOUTHAMPTON3
£1,40009/240.6 miTiconderoga Gardens, Southampton3
£1,37502/250.62 mi-3

Local Area Statistics

Population in SO19

55,875

Population in Southampton

428,247

Town centre distance

2.29 miles away

Nearest school

0.20 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £250,000

February 21, 2025

Floor Plans

Description

  • Three Bedrooms +
  • Large Garden +
  • Off Road Parking +
  • Book A Viewing 24/7 Via Purplebricks App/Website +
  • Sought After Location +
  • Two Reception Rooms +

The Property
*THREE BEDROOM END OF TERRACE IN SOUGHT-AFTER LOCATION*

*360 DEGREE VIRTUAL TOUR

Purplenricks is pleased to offer this three-bedroom end of terrace which requires a full modernisation.

The property comprises a kitchen, bathroom and two reception rooms.

On the first floor, there are three bedrooms.

Outside is off-road parking and a good-sized rear garden.

*Please click the brochure button near the bottom of the Rightmove advert or visit the Purplebricks website to book a viewing 24 hours a day*

Location
Woolston & Bitterne provide a wide range of amenities including shops and local schools.

More comprehensive amenities can be found in Southampton City Centre which can be accessed via the Northam Bridge or Itchen Toll Bridge.

Recreational facilities can be found nearby at River Side Park, Itchen Valley, and Royal Victoria Country Park in Netley with its 200 acres of mature woodland and grassy parkland.

There is access to the M27 motorway via Junction 5, 7 or 8 providing access to the East and West. Southampton Airport is a short drive away.

General Information
FURTHER INFORMATION:

Local Council: Southampton City Council

Council Tax Band: Band B

Heating: Gas Central Heating

Windows: Double Glazed

Infant: Weston Park Primary School

Junior: Weston Park Primary School

Secondary School: Oasis Academy Sholing

*Please click the brochure button near the bottom of the Rightmove advert or visit the Purplebricks website to book a viewing 24 hours a day*

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Southampton

020 3909 9760

Next Steps?

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

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