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Woodmill Lane, Southampton, Hampshire, SO18 - Image 1
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Woodmill Lane, Southampton, Hampshire, SO18

South East

£250,000
Listed on 03/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
581 sqft

Description

This detached bungalow presents a solid foundation for renovation, located in a desirable area with convenient access to local amenities and schools. The property includes two spacious double bedrooms and a generous living room measuring 15ft, featuring a bright aspect thanks to its large bay window. A lean-to/sunroom offers additional potential for transformation into a relaxing space that connects with the secluded rear garden, which is laid to lawn and surrounded by shrubs, providing an oasis of privacy. While the fitted kitchen and bathroom serve their purpose, there is potential for modernisation to fully enhance the living experience. Off-road parking may be possible at the front (subject to planning permission), making this property an attractive investment opportunity. The absence of onward chain adds further appeal for prospective buyers looking to make swift improvements.

Investment Analysis

(SO18 area)

Above Market Value

This property is priced +35.2% above area average per sq ft

+35.2%
This Property
£430/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£268
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£203,394
10% above area average per sq ft
Potential ROI
-28.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SO18)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -1.9%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on SO18 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

Woodmill Lane, Southampton, Hampshire, SO18
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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
£916
Based on a loan of £187,500 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