4 Bed Terraced House, Single Let, Southampton, SO14 1LL, £249,950

20 Palmerston Road, Southampton, Hampshire, SO14 1LL - a month ago

BTL

ROI: 4%

90 m²

+3 photos

ValuationUndervalued

Sold Prices	£216K - £580K
Sold Prices/m²	£2.1K/m² - £6K/m²

Square Metres	90 m²
Price/m²	£2.8K/m²
Value Estimate	£257,727£257,727
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£62,488£62,488
Stamp Duty & Legal Fees	£13,698£13,698
Total Cash In	£76,185£76,185

Cash Out
Rent Range	£1,194 - £5,200£1,194 - £5,200
Rent Estimate	£1,300
Running Costs/mo	£1,061£1,061
Cashflow/mo	£239£239
Cashflow/yr	£2,867£2,867
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

36 sold prices from £216K to £580K, average is £397.5K. £2.1K/m² to £6K/m², average is £2.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£270K	11/20	0.41 mi	62, Argyle Road, Southampton SO14 0BQ	£2,213	122	4	Terraced House
£250K	02/21	0.42 mi	22, Carpathia Drive, Southampton SO14 3GU	£2,155	116	4	Terraced House
£310K	06/23	0.42 mi	27, Carpathia Drive, Southampton SO14 3GU	£2,326	133	4	Terraced House
£390K	04/21	0.45 mi	34, Castle Way, Southampton SO14 2AW	£2,708	144	4	Terraced House
£346.5K	07/21	0.48 mi	10, John Street, Southampton SO14 3DR	£2,864	121	4	Terraced House
£415K	04/22	0.51 mi	3, Merchants Walk, Southampton SO14 2AS	£3,640	114	4	Detached House
£415K	03/23	0.56 mi	8, Ordnance Road, Southampton SO15 2BA	-	-	4	Terraced House
£280K	01/21	0.63 mi	16, Kenilworth Road, Southampton SO15 2GB	£2,373	118	4	Semi-Detached House
£280K	01/21	0.63 mi	16, Kenilworth Road, Southampton SO15 2GB	£2,373	118	4	Semi-Detached House
£550K	01/23	0.68 mi	11, Alcantara Crescent, Ocean Village, Southampton SO14 3HR	£2,806	196	4	Terraced House
£500K	02/21	0.7 mi	53, Alcantara Crescent, Southampton SO14 3HR	£2,892	173	4	Terraced House
£505K	06/21	0.7 mi	9, Alcantara Crescent, Southampton SO14 3HR	£2,818	179	4	Terraced House
£320K	03/22	0.7 mi	21, Denzil Avenue, Southampton SO14 0LP	£2,078	154	4	Semi-Detached House
£405K	06/21	0.75 mi	84b, The Avenue, Southampton SO17 1XJ	£3,240	125	4	Terraced House
£250K	05/21	0.76 mi	51, Southcliff Road, Southampton SO14 6HR	£2,551	98	4	Semi-Detached House
£273.5K	09/21	0.76 mi	43, Southcliff Road, Southampton SO14 6HR	£2,655	103	4	Semi-Detached House
£490K	12/20	0.77 mi	12, Andes Close, Southampton SO14 3HS	£2,849	172	4	Terraced House
£450K	03/21	0.77 mi	72, Andes Close, Southampton SO14 3HS	£2,573	175	4	Terraced House
£580K	05/23	0.77 mi	12, Andes Close, Southampton SO14 3HS	£3,372	172	4	Terraced House
£460K	05/21	0.78 mi	40, Hill Lane, Southampton SO15 5AY	£3,382	136	4	Detached House
£480K	02/23	0.79 mi	14, Rollesbrook Gardens, Southampton SO15 5WA	£4,068	118	4	Terraced House
£480K	03/21	0.8 mi	Flat 19, Cadland Court, Channel Way, Ocean Village, Southampton SO14 3GP	-	-	4	Terraced House
£216K	01/21	0.85 mi	26, Castle Street, Southampton SO14 6HF	£3,441	63	4	Terraced House
£415K	11/21	0.85 mi	62, Alexandra Road, Southampton SO15 5DG	£3,187	130	4	Detached House
£382K	08/21	0.86 mi	76, The Dell, Southampton SO15 2AR	-	-	4	Semi-Detached House
£310K	06/21	0.87 mi	1b, Alexandra Road, Southampton SO15 5DH	£2,793	111	4	Terraced House
£530K	03/21	0.91 mi	27, Hill Farm Road, Southampton SO15 5SP	£3,630	146	4	Detached House
£475K	02/21	0.91 mi	9, Hill Farm Road, Southampton SO15 5SP	£3,006	158	4	Detached House
£490K	06/21	0.91 mi	12, Hill Farm Road, Southampton SO15 5SP	-	-	4	Detached House
£385K	12/22	0.92 mi	58, Atlantic Close, Ocean Village, Southampton SO14 3TB	£3,407	113	4	Terraced House
£310K	09/21	0.92 mi	1c, Cambridge Road, Southampton SO14 6RB	£4,178	74	4	Semi-Detached House
£280K	08/21	0.94 mi	35, Waverley Road, Southampton SO15 1JF	-	-	4	Semi-Detached House
£515K	10/22	0.94 mi	32, Mayfair Gardens, Southampton SO15 2TW	£3,280	157	4	Detached House
£315K	01/22	0.95 mi	51a, Cedar Road, Portswood, Southampton SO14 6HH	£3,461	91	4	Semi-Detached House
£540K	11/22	0.96 mi	40, Atherley Road, Southampton SO15 5DQ	£6,042	89	4	Detached House
£353.5K	06/21	0.98 mi	118, Hill Lane, Southampton SO15 5DD	-	-	4	Detached House

Local Rents

51 rents from £1.2K/mo to £5.2K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,250	08/24	0.09 mi	-	5	Terraced House
£2,250	01/25	0.09 mi	-	5	Terraced House
£2,250	02/25	0.12 mi	-	5	Terraced House
£2,400	09/24	0.18 mi	Winton Street, Southampton	6	Terraced House
£1,350	02/24	0.19 mi	St. Mary Street, Southampton, Hampshire, SO14	3	Flat
£1,550	09/24	0.2 mi	Craven street, Southampton SO14	4	Terraced House
£2,990	09/24	0.2 mi	20 Craven Street	5	Flat
£1,500	09/24	0.2 mi	-	3	House
£1,650	09/24	0.21 mi	St Marys	3	Detached House
£1,300	03/25	0.21 mi	-	3	Flat
£1,600	09/24	0.28 mi	Orchard Lane, SOUTHAMPTON	3	Flat
£1,650	09/24	0.28 mi	St. Andrews Road, Southampton	3	Flat
£1,500	12/24	0.33 mi	-	4	Terraced House
£3,000	03/25	0.33 mi	-	3	Flat
£2,000	09/24	0.34 mi	Brintons Road, SOUTHAMPTON	5	House
£1,650	04/25	0.35 mi	-	4	Terraced House
£1,650	09/24	0.38 mi	WhiteStar Place, Southampton, SO14	4	Flat
£1,400	09/24	0.38 mi	Bernard Street, Southampton, SO14	3	Flat
£2,700	02/25	0.39 mi	-	4	Flat
£2,900	09/24	0.39 mi	White Star Place, Southampton	6	Terraced House
£1,446	09/24	0.39 mi	White Star Place, Southampton, Hampshire, SO14	4	Terraced House
£1,375	02/24	0.4 mi	-	3	Flat
£2,500	09/24	0.41 mi	\|Ref: R164416\|, Oxford Avenue, Southampton, SO14 0BN	5	Terraced House
£2,739	09/24	0.42 mi	London Road, Southampton	8	Terraced House
£2,500	11/24	0.42 mi	-	3	Flat
£2,300	04/25	0.42 mi	-	3	Flat
£2,300	04/25	0.42 mi	-	3	Flat
£1,400	09/24	0.42 mi	Derby Road, SOUTHAMPTON	3	Flat
£2,500	09/24	0.43 mi	\|Ref: R152065\|, Chapel Road, Southampton, SO14 5GL	4	Flat
£1,871	09/24	0.43 mi	High Street, Southampton	3	Flat
£1,785	09/24	0.43 mi	High Street, Southampton	3	Flat
£2,300	09/24	0.45 mi	Chapel Road, Southampton, SO14	4	Flat
£2,600	09/24	0.45 mi	\|Ref: R200923\|, London Road, Southampton, SO15 2AE	8	Flat
£1,194	09/24	0.45 mi	Oxford Street, Southampton, Hampshire, SO14	3	Flat
£2,500	09/24	0.46 mi	London Road Southampton, SO15	8	Flat
£1,500	09/24	0.46 mi	Commercial Road, SOUTHAMPTON	4	Flat
£1,300	09/24	0.47 mi	Flat B, Graham Road, Southampton	3	Flat
£1,900	02/25	0.48 mi	-	5	Terraced House
£3,950	04/25	0.49 mi	-	5	Terraced House
£1,993	09/24	0.5 mi	Bedford Place	4	Flat
£1,460	02/24	0.5 mi	-	3	Flat
£2,920	09/24	0.5 mi	The Polygon, Polygon, Southampton, SO15	6	Flat
£1,700	12/24	0.51 mi	-	3	Semi-Detached House
£1,695	09/24	0.51 mi	High Street, Southampton, SO14	3	Flat
£1,990	09/24	0.51 mi	Polygon	4	Flat
£1,500	04/25	0.51 mi	-	3	Flat
£5,200	12/24	0.51 mi	-	5	Terraced House
£5,200	12/24	0.51 mi	-	5	Terraced House
£1,802	09/24	0.51 mi	London Road, Southampton, Hampshire, SO15	4	Flat
£1,802	09/24	0.51 mi	London Road, Southampton, Hampshire, SO15	4	Flat
£1,802	09/24	0.51 mi	London Road, Southampton, Hampshire, SO15	4	Flat

Local Area Statistics

Population in SO14	27,22327,223
Population in Southampton	428,247428,247
Town centre distance	1.15 miles away1.15 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.59 miles away0.59 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+2%+2%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+7%+7%

Property History

Listed for £249,950

March 19, 2025

Floor Plans

Description

Three Story Town House +
Downstairs WC +
Large Kitchen +
Off Road Parking +
Double Glazing +
Three Double Bedrooms +
Gas Central Heating +
Close To University +
Ideal Investment +
No Forward Chain +

The Home agency is delighted to offer for sale this four-bedroom town house situated within a stone’s throw of Southampton Solent University and City Centre, the property benefits from three double bedrooms, one single, communal area, large kitchen and off-road parking at rear. No forward chain.

Agent Details

The Home Agency, Southampton

0238 214 6311

Next Steps?

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

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4 Bed Terraced House, Single Let, Southampton, SO14 1LL, £249,950

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents