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28-29 St Mary Street, Southampton - Image 1

28-29 St Mary Street, Southampton

South East

£450,000
Listed on 11/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This substantial single-storey office building, spanning approximately 4,481 sq. ft (416 sqm), presents a unique investment opportunity in the St Marys area of Southampton. Currently unoccupied since March 2020, this property is well-positioned just half a mile from the bustling West Quay and its various amenities. With approximately 14 parking spaces available, it offers convenience for potential commercial tenants or transformation into residential units, given the ongoing demand in the city. The location benefits from excellent transport links, with easy access to the A3024 leading to the M27 and A33/M3 corridors. Southampton Central railway station is also within a mile’s radius, providing direct services to London Waterloo. This site holds significant potential for redevelopment or refurbishment, allowing for personalization of space to suit market needs.

Investment Analysis

(SO14 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£344
Avg Yield
8.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SO14)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.8%
5 year growth: 6.6%
Investment Disclaimer: Analysis based on SO14 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

28-29 St Mary Street, Southampton
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 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