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Harefield Road, Southampton

South East

£310,000
Listed on 02/12/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1064 sqft

Description

This substantial property located in the Harefield Road area of Southampton is currently configured as a licensed 5-bedroom HMO, presenting a flexible investment opportunity. The existing layout allows for an easy transformation into a spacious 3-bedroom family home featuring two large reception areas. The ground floor comprises a bright bay-fronted room that could serve as either a lounge or an additional bedroom, alongside a versatile second room ideal for dining or accommodating guests. The kitchen/diner at the rear is well-sized, offering plenty of storage and workspace with direct access to a private garden, making it an attractive space for family gatherings or socializing. Upstairs, you'll find three generously proportioned bedrooms filled with natural light; the largest includes its own en-suite shower room, complemented by another main shower room accessible to the remaining bedrooms. Externally, the property features a private rear garden with decking—perfect for outdoor leisure activities. With permit parking available, this location grants excellent access to local amenities and transport links, enhancing its appeal for both families and professionals. This property is ripe for refurbishment, providing significant potential to enhance value and adapt it to modern living requirements in a desirable residential area.

Investment Analysis

(SO17 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£291/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£468
Avg Yield
9.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£354,397
10% above area average per sq ft
Potential ROI
+1.3%
After renovation
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

Harefield Road, 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
£1,136
Based on a loan of £232,500 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