5 Bed HMO, Southampton, SO15 2FN, £300,000

Polygon, SO15 2FN - a month ago

HMO
ROI: 1%
~178 m²
+8 photos

ValuationUndervalued

Sold Prices£236K - £922.5K
Sold Prices/m²£725/m² - £6.7K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.7K/m²

Value Estimate

£375,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Room Rate

£400

Gross Rent

£2,000

Running Costs/mo

£1,916

Cashflow/mo

£84

Cashflow/yr

£1,005

ROI

1%

Gross Yield

8%

Local Sold Prices

50 sold prices from £236K to £922.5K, average is £477.5K. £725/m² to £6.7K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£295K06/210.08 mi36, Newcombe Road, Southampton SO15 2FS5
£360K06/210.15 mi56, Devonshire Road, Southampton SO15 2GN5
£340K01/230.27 mi8, Berkeley Close, Polygon, Southampton SO15 2TR5
£750K11/200.37 mi11, Westrow Road, Southampton SO15 2NA5
£495K11/210.39 mi33, Thornbury Avenue, Southampton SO15 5BQ5
£480K12/200.42 mi53, Howard Road, Southampton SO15 5BE5
£330K07/230.42 mi95, Atherley Road, Southampton SO15 5DT5
£405K04/230.5 mi2, Brighton Road, Southampton SO15 2JJ5
£286K12/220.62 mi99, St Andrews Road, Southampton SO14 0AE5
£728K10/220.64 mi20, Atherley Court, Southampton SO15 7NG5
£475K04/210.74 mi29, Avenue Road, Southampton SO14 6TR5
£499K09/220.77 mi114, Alma Road, Southampton SO14 6UW5
£400K02/210.79 mi57, Cedar Road, Southampton SO14 6TQ5
£420K09/210.79 mi85, Janson Road, Shirley, Southampton SO15 5GL5
£275K11/200.85 mi131, Earls Road, Southampton SO14 6TZ5
£520K10/210.85 mi22, Eastbourne Avenue, Southampton SO15 5HT5
£650K07/230.88 mi21, Cunard Avenue, Shirley, Southampton SO15 5GN5
£482K12/200.88 mi6, Cunard Avenue, Shirley, Southampton SO15 5GP5
£375K05/220.89 mi79, Gordon Avenue, Portswood, Southampton SO14 6WB5
£710K05/221.04 mi6, Blenheim Avenue, Southampton SO17 1DU5
£851K08/231.05 mi105, Upper Shirley Avenue, Southampton SO15 5NL5
£395K09/221.06 mi64, Shirley Avenue, Southampton SO15 5NJ5
£435K02/211.07 mi42, Gordon Avenue, Portswood, Southampton SO14 6WD5
£922.5K04/231.1 mi12, Westbourne Crescent, Southampton SO17 1EE5
£272.5K02/211.12 mi33, Shakespeare Avenue, Portswood, Southampton SO17 2HA5
£497.5K11/201.14 mi78, Wilton Road, Southampton SO15 5JP5
£725K07/221.18 mi14, Oakmount Avenue, Southampton SO17 1DR5
£835K01/221.18 mi26, Oakmount Avenue, Southampton SO17 1DR5
£480K09/221.2 mi41, Westridge Road, Southampton SO17 2HP5
£282K11/201.26 mi104, Tennyson Road, Southampton SO17 2HH5
£240K03/221.27 mi85, Tennyson Road, Southampton SO17 2HG5
£410K08/211.36 mi43, Heatherdeane Road, Southampton SO17 1PA5
£415K12/201.42 mi46, Westfield Road, Southampton SO15 4HR5
£236K02/211.42 mi56, Bitterne Road West, Southampton SO18 1AP5
£575.2K10/211.43 mi7, Warwick Road, Southampton SO15 7PF5
£593.5K06/211.56 miOrchard Cottage, Hawthorn Road, Southampton SO17 1PX5
£690K05/231.57 mi44, Shaftesbury Avenue, Southampton SO17 1SD5
£460K03/211.57 mi68, Shaftesbury Avenue, Southampton SO17 1SD5
£620K11/211.63 mi24, Grosvenor Road, Southampton SO17 1RT5
£250K02/211.66 mi8, Arnold Road, Southampton SO17 1TG5
£250K02/211.66 mi8, Arnold Road, Southampton SO17 1TG5
£520K01/231.75 mi35, Butterfield Road, Southampton SO16 7EG5
£520K08/211.8 mi480, Winchester Road, Bassett, Southampton SO16 7BG5
£490K07/211.84 mi177, Burgess Road, Southampton SO16 7PL5
£450K12/221.87 mi197, Bitterne Road West, Southampton SO18 1BL5
£815K06/211.89 mi50, Bassett Crescent East, Southampton SO16 7PB5
£470K11/201.94 mi1, Prospect Road, Southampton SO19 7DG5
£400K07/231.98 mi57, Radstock Road, Southampton SO19 2HT5
£742K04/231.99 mi8, Glen Eyre Road, Southampton SO16 3GG5
£645K03/231.99 mi24, Glen Eyre Road, Southampton SO16 3GG5

Local Area Statistics

Population in SO15

41,701

Population in Southampton

428,247

Town centre distance

1.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-20%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £300,000

March 21, 2025

Floor Plans

Description

  • Prime Polygon Location ¿ High Rental Demand +
  • Attractive Gross Yield Potential +
  • Close to Train Station and City Centre +
  • Ideal for Students and Young Professionals +
  • Proven Rental Income of circa £2000 Monthly +
  • Walking Distance to Universities and Amenities +

FIVE BEDROOM HMO

Attention Buy-to-Let Investors! An excellent opportunity to acquire this substantial five-bedroom semi-detached HMO property, listed by Goadsby estate agents, situated in the sought-after Polygon area of Southampton. With a proven track record of being successfully let by the current owner, this property achieves rental income in the region of £2000 per month, providing an attractive gross yield of approximately 8%.

The Polygon area is highly popular among students and young professionals due to its superb central location. The property is conveniently positioned within walking distance of Southampton Central Train Station, providing excellent connectivity to both local and national destinations. Additionally, the city centre with its vast array of shops, restaurants, bars, and leisure facilities is just a short stroll away, making it a desirable place to live for tenants seeking convenience and vibrant city life.

The property itself offers well-proportioned accommodation over two floors, providing five rentable rooms, shared facilities, and potential for continued robust rental income. Its proximity to both Solent University and the University of Southampton makes it a highly appealing proposition for student renters, ensuring a steady and reliable rental demand.

Given the continued demand for affordable rental accommodation within this prime location, this house in Sandhurst Road represents an excellent investment opportunity for buy-to-let investors looking to enhance their portfolio with a high-yielding HMO property.

Don't miss out on this attractive investment. Contact us today for more details or to arrange a viewing.
Additional Information
Tenure: Freehold
Parking: Street Parking
Utilities:
Mains Gas
Mains Water
Drainage: Mains
Windows: Double Glazed
Broadband: Refer to ofcom website
Mobile Signal: Refer to ofcom website
Flood Risk: For more information refer to gov.uk, check long term flood risk

Council Tax Band: C

DRAFT DETAILS

We are awaiting verification of these details by the seller(s).

ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.

These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.

Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.

Agent Details

Goadsby, Southampton

0238 001 4358

Next Steps?

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