Austin&Wyatt are pleased to present this exciting value add opportunity: a 3-bedroom, 2 reception terrace house on Northbrook Road, Southampton, SO140BT, with strong potential for enhanced capital and income with renovation. Tenants in situ.
• 3 bedrooms & 2 reception rooms: Flexible spaces suitable for families or sharers.
• Refurb opportunity: Update kitchen, bathroom, décor to boost rent and appeal.
• Strong local market: SO14 terraced homes average ~£260k; prices rising.
• Transport & convenience: Walkable to rail, retail and city amenities.
This Northbrook Road property combines cashflow and capital-growth potential in a convenient, vibrant location. With refurbishment, there’s scope to uplift both rent and value—an appealing case for landlords, developers or property investors. Let me know if you’d like a refurbishment budget breakdown, refurbishment-to-rent yield model, or comparables analysis. 10% Yield and tenants in situ.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.