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Leigh Road, EASTLEIGH

South East

£290,000
Listed on 02/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
474 sqft

Description

This semi-detached three-bedroom home is situated on an expansive plot in Eastleigh, presenting a significant opportunity for renovation and modernisation. Currently requiring updates throughout, the property comes with planning permission to transform it into two 2-bedroom flats and one 1-bedroom flat, making it an attractive proposition for investors or developers looking to capitalize on the local housing market. The layout includes an entrance porch, hallway leading to a spacious living/dining area, kitchen, and conservatory on the ground floor, while the first floor hosts three bedrooms and a bathroom. Outside, there is off-road parking for multiple vehicles and a large rear garden offering further development potential. Nestled within walking distance of Eastleigh town centre’s amenities and public transport links, this property holds excellent prospects for both refurbishment and financial return.

Investment Analysis

(SO50 area)

Above Market Value

This property is priced +74.1% above area average per sq ft

+74.1%
This Property
£612/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£183,246
10% above area average per sq ft
Potential ROI
-47.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SO50)

Area prices are falling by +3.5% over the last 12 months
3 year growth: -4.2%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on SO50 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

Leigh Road, EASTLEIGH
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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
£1,062
Based on a loan of £217,500 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