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Foundry Lane, SOUTHAMPTON

South East

£125,000
Listed on 15/01/2026

Property Details

Bedrooms
1
Type
Detached house

Description

This property presents a promising mixed-use opportunity, combining commercial and residential spaces in one versatile unit. Located in Freemantle, close to Shirley High Street's amenities, the property features a ground floor previously used as a takeaway alongside residential accommodation upstairs. Although it requires modernisation, there is significant potential to reconfigure the layout to separate the commercial and residential components (subject to planning permission). The ground floor includes essential facilities for a retail operation, while the first floor offers basic living quarters with a bedroom and kitchen. Additionally, outdoor space includes a rear garden and multiple store rooms. This is an excellent investment for those looking to revitalise a property with both rental and operational prospects.

Investment Analysis

(SO15 area)
Area Average
£299/sq ft
Avg Rent (weekly)
£352
Avg Yield
7.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SO15)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 4.7%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on SO15 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

Foundry Lane, 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
£458
Based on a loan of £93,750 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.

Next Steps

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