5 Bed HMO, Southampton, SO14 6TW, £350,000

Avenue Road, Portswood, Southampton, Hampshire, SO14 6TW - 2 views - 2 months ago

Sold STC
HMO
Planning
~178 m²
+6 photos

ValuationFair Value

Sold Prices£236K - £922.5K
Sold Prices/m²£725/m² - £4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2K/m²

Value Estimate

£357,000

 

 

End Value (After Refurb)

£528,666

Uplift in Value

+51%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Refurb Costs

£79,999

Bridging Loan Interest

£9,188

Total Cash In

£202,136

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£528,666

Agent Fees (1%)

£5,287

Bridging Loan

£262,500

Bridging Loan Interest

£9,188

Flip Profit

£58,743

Local Sold Prices

33 sold prices from £236K to £922.5K, average is £435K. £725/m² to £4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£400K02/210.08 mi57, Cedar Road, Southampton SO14 6TQ5
£375K05/220.08 mi79, Gordon Avenue, Portswood, Southampton SO14 6WB5
£275K11/200.08 mi131, Earls Road, Southampton SO14 6TZ5
£475K04/210.11 mi29, Avenue Road, Southampton SO14 6TR5
£499K09/220.14 mi114, Alma Road, Southampton SO14 6UW5
£435K02/210.23 mi42, Gordon Avenue, Portswood, Southampton SO14 6WD5
£710K05/220.31 mi6, Blenheim Avenue, Southampton SO17 1DU5
£272.5K02/210.31 mi33, Shakespeare Avenue, Portswood, Southampton SO17 2HA5
£405K04/230.33 mi2, Brighton Road, Southampton SO15 2JJ5
£922.5K04/230.41 mi12, Westbourne Crescent, Southampton SO17 1EE5
£480K09/220.43 mi41, Westridge Road, Southampton SO17 2HP5
£725K07/220.44 mi14, Oakmount Avenue, Southampton SO17 1DR5
£835K01/220.44 mi26, Oakmount Avenue, Southampton SO17 1DR5
£282K11/200.44 mi104, Tennyson Road, Southampton SO17 2HH5
£240K03/220.45 mi85, Tennyson Road, Southampton SO17 2HG5
£750K11/200.56 mi11, Westrow Road, Southampton SO15 2NA5
£340K01/230.61 mi8, Berkeley Close, Polygon, Southampton SO15 2TR5
£410K08/210.61 mi43, Heatherdeane Road, Southampton SO17 1PA5
£728K10/220.71 mi20, Atherley Court, Southampton SO15 7NG5
£690K05/230.74 mi44, Shaftesbury Avenue, Southampton SO17 1SD5
£460K03/210.74 mi68, Shaftesbury Avenue, Southampton SO17 1SD5
£295K06/210.76 mi36, Newcombe Road, Southampton SO15 2FS5
£620K11/210.79 mi24, Grosvenor Road, Southampton SO17 1RT5
£360K06/210.79 mi56, Devonshire Road, Southampton SO15 2GN5
£495K11/210.81 mi33, Thornbury Avenue, Southampton SO15 5BQ5
£593.5K06/210.82 miOrchard Cottage, Hawthorn Road, Southampton SO17 1PX5
£250K02/210.83 mi8, Arnold Road, Southampton SO17 1TG5
£250K02/210.83 mi8, Arnold Road, Southampton SO17 1TG5
£286K12/220.84 mi99, St Andrews Road, Southampton SO14 0AE5
£236K02/210.86 mi56, Bitterne Road West, Southampton SO18 1AP5
£330K07/230.87 mi95, Atherley Road, Southampton SO15 5DT5
£520K10/210.93 mi22, Eastbourne Avenue, Southampton SO15 5HT5
£480K12/200.99 mi53, Howard Road, Southampton SO15 5BE5

Local Area Statistics

Population in SO14

27,223

Population in Southampton

428,247

Town centre distance

0.32 miles away

Nearest school

0.20 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £350,000

March 4, 2025

Floor Plans

Description

Situated in the desirable Portswood district of Southampton, this established and well-managed House of Multiple Occupancy (HMO) presents a fantastic investment opportunity. With a long-proven track record of successful HMO rental over two decades, this property is fully licensed and benefits from C4 planning permission, ensuring a seamless transition for investors looking to expand their portfolio.

Offering five generously sized bedrooms, the property provides ample space for tenants, while the large open-plan living area and kitchen foster a vibrant and sociable communal atmosphere. The modern kitchen is well-equipped with matching base and wall-mounted cabinetry, contrasting work surfaces, a breakfast bar, integrated cooking appliances, and a full range of freestanding provisions.

The property features two shared bathroom facilities: a three-piece bathroom suite and a three-piece shower room, ensuring convenience for all occupants. Fully furnished with living and bedroom furniture, it is already let for the current and following academic years.

Externally, the property benefits from a decent-sized enclosed rear garden, providing outdoor space for relaxation and potential for further extension. To the front, a hard-standing area offers the opportunity for off-road parking, a valuable asset in this sought-after location.

Agent Details

Morris Dibben, Southampton

0238 144 9928

Next Steps?

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