Worst House on the Street Logo
Park Road, Freemantle, SO15 - Image 1
Park Road, Freemantle, SO15 - Image 2
Park Road, Freemantle, SO15 - Image 3
Park Road, Freemantle, SO15 - Image 4
Park Road, Freemantle, SO15 - Image 5
Park Road, Freemantle, SO15 - Image 6

Park Road, Freemantle, SO15

South East

£165,000
Listed on 04/06/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom maisonette presents a unique opportunity for those looking to invest in a property with significant renovation potential. The layout includes two generously sized double bedrooms, alongside an additional single bedroom, making it ideal for families or as a rental property. The spacious lounge/diner offers a versatile setting that could be transformed into an inviting communal space, while the kitchen and bathroom provide a solid foundation for modern updates. With gas central heating already in place, the essential services are available to facilitate comfortable living during any renovations. Situated in a convenient location, this maisonette benefits from off-street parking—an asset in urban areas where space can be limited. Additionally, the property is being offered with no onward chain, streamlining the process for buyers looking to make their mark without delay. This leasehold property has a long tenure of 999 years beginning in January 2025, which enhances its investment appeal. The local council tax is rated at band A, further adding to its affordability. For those eager to create their vision or capitalize on its investment potential, this maisonette is well worth considering.

Investment Analysis

(SO15 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£374
Avg Yield
7.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SO15)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 4.4%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on SO15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Park Road, Freemantle, SO15
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£604
Based on a loan of £123,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE