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Park Road, Southampton, Hampshire, SO15

South East

£350,000
Listed on 01/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1245 sqft

Description

This three-bedroom detached home presents a rare opportunity on the sought-after Park Road, known for its limited availability. The property sits on a substantial plot with ample outdoor space, making it an ideal candidate for those looking to undertake a comprehensive renovation or explore potential development opportunities, subject to planning consent. The ground floor features a spacious lounge/diner leading into a bright conservatory, alongside a functional kitchen and ground floor W.C., complemented by a useful lean-to. On the upper level, there are three well-sized bedrooms and a family bathroom. Externally, the property boasts a large driveway for off-road parking and an expansive rear garden that offers privacy and room for expansion. This is an exceptional chance for renovation enthusiasts or investors eager to maximize the potential of this generous plot in one of the region's most desirable locations.

Investment Analysis

(SO15 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£281/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£319
Avg Yield
7.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£409,344
10% above area average per sq ft
Potential ROI
-7.0%
After renovation
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
22%
Properties sold annually

Local Market Trend (SO15)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 4.2%
5 year growth: 14.3%
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

Park Road, Southampton, Hampshire, SO15
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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
£1,262
Based on a loan of £262,500 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.

Next Steps

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