3 Bed Terraced House, Refurb/BRRR, Southampton, SO17 1RF, £450,000

Orchards Way, Highfield, Southampton, Hampshire, SO17 1RF - 2 views - 2 months ago

Leasehold
Refurb/BRRR
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£206K - £577.5K
Sold Prices/m²£2.2K/m² - £5.7K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£316,200

 

 

End Value (After Refurb)

£382,853

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Refurb Costs

£42,000

Bridging Loan Interest

£11,813

Total Cash In

£201,763

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£382,853

Mortgage (After Refinance)

£287,139

Mortgage LTV

75%

Cash Left In

£201,763

Equity

£95,713

Rent Range

£672 - £2,000

Rent Estimate

£1,527

Running Costs/mo

£1,522

Cashflow/mo

£5

Cashflow/yr

£62

ROI

0%

Gross Yield

4%

Local Sold Prices

50 sold prices from £206K to £577.5K, average is £347.5K. £2.2K/m² to £5.7K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£577.5K06/210.06 mi10, Uplands Way, Southampton SO17 1QW3
£525K12/200.06 mi9, Uplands Way, Southampton SO17 1QW3
£478K07/230.08 mi64, Orchards Way, Southampton SO17 1RE3
£550K09/220.08 mi52, Orchards Way, Southampton SO17 1RE3
£510K09/220.14 mi6, Orchards Way, Southampton SO17 1RD3
£415K03/220.14 mi23, Heatherdeane Road, Southampton SO17 1PA3
£460K12/220.16 mi7, Glebe Court, Southampton SO17 1RH3
£518.2K05/220.18 mi9, Khartoum Road, Southampton SO17 1NY3
£415K03/210.18 mi30, Khartoum Road, Southampton SO17 1NY3
£484.8K10/220.2 mi12, Glebe Court, Southampton SO17 1RH3
£500K11/210.2 mi32, Glebe Court, Southampton SO17 1RH3
£290K12/200.2 mi29, Glebe Court, Southampton SO17 1RH3
£550K09/220.2 mi33, Glebe Court, Southampton SO17 1RH3
£390K11/200.22 mi16, Church Lane, Southampton SO17 1SZ3
£350K06/230.24 mi79, Roselands Gardens, Highfield, Southampton SO17 1QJ3
£370K12/210.24 mi60, Roselands Gardens, Southampton SO17 1QJ3
£325K06/210.24 mi52, Roselands Gardens, Southampton SO17 1QJ3
£280K06/210.24 mi63, Roselands Gardens, Southampton SO17 1QJ3
£535K06/210.25 mi43, Church Lane, Southampton SO17 1SY3
£350K02/230.25 mi1, Highcrown Mews, Southampton SO17 1PT3
£321K12/210.25 mi10, Highcrown Mews, Southampton SO17 1PT3
£575K09/220.26 mi31, Church Lane, Southampton SO17 1SY3
£300K07/230.28 mi20, Highcrown Street, Southampton SO17 1QF3
£360K06/230.28 mi29, Roselands Gardens, Highfield, Southampton SO17 1QG3
£300K10/220.28 mi35, Roselands Gardens, Highfield, Southampton SO17 1QG3
£365K12/220.29 mi34, Hilldown Road, Southampton SO17 1SX3
£310K03/210.36 mi55, Chamberlain Road, Southampton SO17 1PQ3
£295K02/210.36 mi23, Chamberlain Road, Highfield, Southampton SO17 1PQ3
£357K08/230.38 mi4, Donnington Grove, Southampton SO17 1RW3
£295K03/210.39 mi11, Hartley Avenue, Southampton SO17 3QY3
£385K04/210.4 mi17, Blenheim Gardens, Southampton SO17 3RN3
£238.5K08/210.43 mi19, Woodside Road, Portswood, Southampton SO17 2GU3
£385K06/230.44 mi4, Merton Road, Highfield, Southampton SO17 3RD3
£266K12/220.46 mi63a, Alma Road, Southampton SO14 6UQ3
£235K11/200.46 mi6, Sherborne Road, Southampton SO17 3RJ3
£345K06/230.47 mi6, Grosvenor Close, Southampton SO17 1RR3
£225K12/210.48 mi1, Thackeray Road, Southampton SO17 2GS3
£335K10/220.49 mi94, Welbeck Avenue, Highfield, Southampton SO17 1SN3
£206K12/200.49 mi114, Avenue Road, Southampton SO14 6BB3
£206K12/200.5 mi114, Avenue Road, Southampton SO14 6BB3
£338K06/230.5 mi15, Arnold Road, Southampton SO17 1TF3
£425K12/220.51 mi37, Spring Crescent, Southampton SO17 2FZ3
£310K07/210.51 mi42, Ripstone Gardens, Highfield, Southampton SO17 3RE3
£310K07/230.52 mi161, Osborne Road North, Southampton SO17 2FH3
£370K09/210.52 mi55, Avenue Road, Southampton SO14 6TW3
£297K09/220.53 mi55, Osborne Road South, Southampton SO17 2FE3
£295K12/200.54 mi48, Avenue Road, Southampton SO14 6TU3
£273K12/200.55 mi148, Osborne Road North, Southampton SO17 2FF3
£257K02/210.55 mi168, Osborne Road North, Southampton SO17 2FF3
£250K05/210.56 mi43, Osborne Road South, Southampton SO17 2FD3

Local Rents

51 rents from £672/mo to £2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,90009/240.09 miHighfield, Southampton3
£1,85009/240.14 mi-3
£1,85009/240.14 miHeatherdeane Road, Southampton, SO173
£1,90004/250.14 mi-3
£1,49509/240.18 miHeatherdeane Road, Southampton, SO173
£67201/250.22 mi-3
£67201/250.22 mi-3
£1,45009/240.25 miHighcrown Mews, SOUTHAMPTON3
£1,65002/240.29 miHighcrown Street, Southampton, Hampshire3
£1,40009/240.31 miPortswood Road, Southampton3
£1,23009/240.31 miThe Broadway3
£1,50009/240.32 miPortswood Road, Southampton3
£1,50009/240.32 miHolyrood Avenue, Southampton3
£1,50009/240.33 miGordon Avenue, Southampton3
£1,35009/240.34 miPortswood Road, Southampton, SO173
£1,57504/250.34 mi-3
£1,40009/240.36 miPortswood Road3
£1,25009/240.36 miPortswood Road3
£1,60009/240.37 miTennyson Road, Southampton3
£1,60009/240.37 miTennyson Road, Southampton3
£1,45009/240.38 miPortswood Avenue, Southampton3
£1,62509/240.38 miPortswood Avenue, Southampton3
£1,50003/250.4 mi-3
£1,52109/240.41 miPortswood Road, Southampton3
£1,46109/240.41 miPortswood Road, Southampton3
£2,00009/240.41 miWestridge Road, Portswood, Southampton3
£1,60009/240.42 miPortswood Road, Southampton3
£1,65009/240.42 miPortswood Road, Southampton3
£1,62509/240.42 miPortswood Road, Southampton3
£1,60009/240.42 miPortswood Road, Southampton3
£1,65009/240.42 miPortswood Road, Southampton3
£1,65009/240.42 miPortswood Road, Southampton3
£1,60009/240.42 miPortswood Road, Southampton3
£1,60009/240.42 miPortswood Road, Southampton3
£1,62509/240.42 miPortswood Road, Southampton3
£1,65009/240.42 miPortswood Road, Southampton3
£1,61009/240.42 miPortswood Road, Southampton3
£1,65009/240.42 miPortswood Road, Southampton3
£1,65009/240.42 miPortswood Road, Southampton, SO173
£1,50009/240.42 miGrosvenor Road, Highfield3
£1,35009/240.43 mi|Ref: R152314|, Portswood Road, Southampton, SO17 2FW3
£1,70009/240.44 miMerton Road, Southampton3
£1,25009/240.46 miPortswood Road, Southampton3
£1,25009/240.46 miPortswood Road3
£1,25009/240.46 miPortswood Road, Southampton, Hampshire, SO173
£1,55002/250.46 mi-3
£1,50009/240.48 miUpper Shaftesbury Avenue, Southampton3
£1,35009/240.49 miThackeray Road, Southampton3
£1,40011/240.5 mi-3
£1,65009/240.51 miRipstone Gardens, Southampton3
£1,75009/240.51 miRipstone Gardens, Southampton3

Local Area Statistics

Population in SO17

19,429

Population in Southampton

428,247

Town centre distance

0.56 miles away

Nearest school

0.30 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-22%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £450,000

March 13, 2025

Floor Plans

Description

  • Offered for sale with no forward chain +
  • Highly sought after conservation area +
  • Impressive large garden that must be seen +
  • Entrance hallway & original kitchen +
  • Lounge with double doors to the dining room +
  • Three bedrooms served by a dated bathroom +
  • Driveway & a superb garage re-built in 2024 +
  • Additional garage/workshop +

This end of terrace house was built by the renowned architect Herbert Collins and is offered for sale with no forward chain.

The property enjoys a favourable position at the end of this highly sought after conservation area and boasts one of the largest gardens in this private road with the added advantage of a new garage that was re-built in 2024.

The accommodation will require updating and modernisation comprises on the ground floor an entrance hall and the front aspect lounge that has double doors to the dining room that has herringbone wood flooring and offers an attractive outlook of the garden. The dated kitchen offers a similar view. On the first floor the landing allows access to three well-proportioned bedrooms that are served by the dated bathroom.

Outside, the driveway allows off road parking and the garage is found on the left. The further garage provides useful storage/workshop space. The enchanting garden is predominantly laid to lawn and is an outstanding feature with a high degree of natural privacy provided by mature shrubs and trees.

TENURE
Leasehold 999 years from 1922
Unexpired Years: 897
Annual Ground Rent: £30.00
Ground Rent Increase: TBC
Ground Rent Review Period: TBC
Annual Service: TBC
£700pa for Uplands Estate Houseowners' Association
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.

ADDITIONAL INFORMATION

Materials used in construction: ASK AGENT

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Highfield is a highly sought-after residential area a short distance from The Common, city centre, the main university campus and is also close to Southampton General Hospital. Extensive shopping facilities that include Sainsbury's and Waitrose together with cafes and bars are found nearby in Portswood Broadway that also has a doctor's surgery and a library. The Jubilee sports hall that has a gym and an indoor swimming pool is located in University Road and the Turner Sims concert hall is close by. A delightful recreation ground is also found adjacent to Portswood Schoo,l that together with Highfield School is very popular. The M3 & M27 motorway networks are easily reached. The Parkway railway station (opposite the international airport) provides a fast route to Waterloo.

Agent Details

Charters, Southampton

0238 144 9902

Next Steps?

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