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Irving Road, Southampton, Hampshire, SO16 - Image 1
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Irving Road, Southampton, Hampshire, SO16

South East

£240,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1141 sqft

Description

This three-bedroom terraced house presents a promising opportunity for those looking to invest in a renovation project within a desirable residential area. The property, available with no onward chain, features a spacious living room ideal for family gatherings and opens to a conservatory that enhances the living space while providing access to the garden. The kitchen and wet room are ripe for modernisation, allowing buyers to tailor them to their personal preferences. Upstairs, the house includes two sizeable double bedrooms equipped with built-in storage solutions, alongside a third bedroom suitable for various uses. This layout makes it appealing to families, first-time buyers, or investors seeking to enhance value through renovations. Externally, low-maintenance patio gardens at both the front and rear facilitate ease of upkeep and there is ample communal parking available for residents. Located on Irving Road, this property enjoys proximity to local amenities such as shops, supermarkets, green spaces, and efficient transport links including bus services that connect to Southampton city centre and major roadways like the M27. The area is also home to several well-regarded schools which adds to its attractiveness for families and professionals alike.

Investment Analysis

(SO16 area)

Below Market Value

This property is priced -35.0% below area average per sq ft

-35.0%
Potential saving
This Property
£210/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£317
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£406,088
10% above area average per sq ft
Potential ROI
+50.4%
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
32%
Properties sold annually

Local Market Trend (SO16)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -3.3%
5 year growth: +10.9%
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, Hampshire, SO16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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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