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Westridge Road, Portswood, SOUTHAMPTON

South East

£360,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a significant development opportunity, featuring an existing detached four-bedroom villa with three reception rooms and a two-storey annexe. Although the current building is in poor condition, it is being sold with full planning permission to construct an eight-flat building consisting of three one-bedroom units, four two-bedroom units, and one three-bedroom unit. This site is strategically located near Portswood Road, offering proximity to essential amenities and appealing to both private renters and students attending nearby universities. Investors can leverage the planned redevelopment potential as well as the substantial grounds for additional parking or amenity space. This project not only promises strong rental yields but also caters to the growing demand for high-quality rental accommodations in this desirable area.

Investment Analysis

(SO17 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£468
Avg Yield
9.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
118
Average per month
Market Turnover
143%
Properties sold annually

Local Market Trend (SO17)

Area prices are falling by +21.3% over the last 12 months
3 year growth: -17.7%
5 year growth: -13.3%
Investment Disclaimer: Analysis based on SO17 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

Westridge Road, Portswood, SOUTHAMPTON
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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
£1,319
Based on a loan of £270,000 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

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