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Rosebank Close, Rownhams, Southampton, Hampshire, SO16 - Image 1
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Rosebank Close, Rownhams, Southampton, Hampshire, SO16

South East

£350,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
849 sqft

Description

Situated in the tranquil neighborhood of Rosebank Close in Rownhams, this three-bedroom terraced home offers a foundation for comfortable living with significant renovation and investment potential. The property is positioned away from the road, enhancing its peaceful feel, and features off-road parking for two vehicles along with an integral garage. This garage presents opportunities for additional usability whether as a home office, gym, or potentially converting it into an extra reception space (subject to planning permission). Inside, the open-plan lounge/diner welcomes you with an abundance of natural light and direct access to the rear garden through French doors. This layout not only encourages everyday family interaction but also provides a great space for entertaining guests. The kitchen, featuring modern white cabinetry and dark countertops, includes space for essential appliances while leaving room for personal touches. A convenient cloakroom/WC rounds out the ground floor. On the upper level, you will find three well-proportioned bedrooms—two spacious doubles and a single—ideal for use as a child’s room or a quiet work-from-home area. The rear garden is thoughtfully landscaped with mature plants and includes a patio area, offering a serene outdoor space for relaxation or gatherings. The home benefits from its location in a quiet residential close that provides easy access to local amenities including schools, shopping options, and commuter links. With no forward chain, this property represents an excellent opportunity for families, first-time buyers seeking to add their own flair or investors looking to capitalize on potential developments. Rownhams is noted for its desirable residential setting between Southampton and Romsey, combining historical charm with modern conveniences. Recreational facilities are plentiful nearby including Romsey golf club and St Boniface Park. The New Forest National Park is just a short drive away offering expansive outdoor activities. With various public houses and supermarkets in proximity, residents have everything they need within easy reach. Viewing this property allows one to fully grasp its space, character, and potential both as a family home or an investment opportunity.

Investment Analysis

(SO16 area)

Above Market Value

This property is priced +29.2% above area average per sq ft

+29.2%
This Property
£412/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£332
Avg Yield
5.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£298,101
10% above area average per sq ft
Potential ROI
-19.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SO16)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -3.2%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on SO16 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

Rosebank Close, Rownhams, Southampton, Hampshire, SO16
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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
£1,282
Based on a loan of £262,500 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