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Station Road, Netley Abbey, Hampshire, SO31

South East

£550,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1033 sqft

Description

Nestled in the tranquil community of Netley Abbey, this two-bedroom property presents an excellent opportunity for renovation and investment. Its central village location allows for easy access to a variety of local shops and dining options, while the scenic Royal Victoria Country Park and Southampton Waterfront are just a short stroll away. The area is well-served by public transport, including a nearby railway station on the West Coastway Line, enhancing connectivity to Southampton City Centre, which is only about a 15-minute drive via the M27 motorway. The property boasts generous front and back gardens along with driveway parking accommodating multiple vehicles. Notably, this sizable plot offers significant development potential; previous planning permission was granted for either a three-bedroom or four-bedroom detached home on the grounds (Eastleigh Borough Council F/21/91298). This aspect could appeal to investors looking to maximize the return on their investment through further development. Inside, the bungalow features a well-proportioned layout with neutral decor throughout. The living area includes a comfortable lounge that opens out into the south-east facing back garden through double glazed French doors. The kitchen has ample space and incorporates solid oak cabinetry along with a breakfast bar—ideal for family meals or entertaining guests. Both bedrooms are sizeable doubles, providing comfortable sleeping quarters or potential reconfiguration options based on future plans. A versatile loft room adds additional living space that can serve as a hobby room or office. The rear garden is mostly laid to lawn with a patio area and mature shrubs—perfect for outdoor gatherings or simply enjoying sunny days. Additional features include side access to both sides of the property and an existing concrete base ready for a hot tub or summer house. This property not only offers immediate comfort but also stands as a promising canvas for those looking to invest in its potential for future growth and enhancement. For interested buyers, there’s no onward chain, streamlining the purchasing process further.

Investment Analysis

(SO31 area)

Above Market Value

This property is priced +39.3% above area average per sq ft

+39.3%
This Property
£532/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£304
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£434,464
10% above area average per sq ft
Potential ROI
-24.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SO31)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -2.0%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on SO31 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

Station Road, Netley Abbey, Hampshire, SO31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 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.

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