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Irving Road, Southampton, SO16

South East

£240,000
Listed on 14/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1140 sqft

Description

This substantial three-bedroom terraced house is presented to the market with no onward chain, making it an appealing prospect for those looking to invest in a property with renovation potential. The layout features a spacious living room and a conservatory at the rear, offering versatility for modern family living and easy access to the garden. While the kitchen and wet room currently serve their purpose, they present significant scope for upgrades that could enhance functionality and aesthetic appeal. On the first floor, two generous double bedrooms come complete with built-in storage solutions, while a third bedroom provides additional space that can accommodate various needs from family living to rental opportunities. The exterior features manageable patio gardens at both front and back, requiring minimal upkeep, alongside sufficient communal parking options. Situated in a sought-after residential area on Irving Road, this location is well-equipped with local amenities including shops and green spaces, further enriched by strong transport links including regular bus services. Proximity to Southampton city centre and major routes like the M27 ensures convenience for commuting. Families will appreciate access to reputable schools such as Shirley Warren Primary & Nursery School and Regents Park Community College. This property stands out as an excellent refurbishment opportunity in a desirable area, ideal for families or investors alike looking to modernize their living space or enhance rental yields.

Investment Analysis

(SO16 area)

Below Market Value

This property is priced -34.6% below area average per sq ft

-34.6%
Potential saving
This Property
£211/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£319
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£403,663
10% above area average per sq ft
Potential ROI
+49.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (SO16)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -2.0%
5 year growth: 13.6%
Investment Disclaimer: Analysis based on SO16 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

Irving Road, Southampton, SO16
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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
£879
Based on a loan of £180,000 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.

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