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Foundry Lane, SOUTHAMPTON

South East

£135,000
Listed on 02/03/2026

Property Details

Bedrooms
1
Type
Detached house
Area
757 sqft

Description

This property presents a noteworthy mixed-use investment opportunity, strategically located in a well-established residential area. Comprising a two-storey structure, the ground floor has previously functioned as a takeaway, complemented by residential space on the upper level. Notably, the property is ripe for modernisation, allowing for either refurbishment and retention of its current layout or potential separation of commercial and residential units, subject to planning permission. With local amenities and transport links nearby, this site offers significant prospects for restoration and rental income generation. The rear garden adds further value, providing extra space or possible access to enhance functionality.

Investment Analysis

(SO15 area)

Below Market Value

This property is priced -40.2% below area average per sq ft

-40.2%
Potential saving
This Property
£178/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£315
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£248,270
10% above area average per sq ft
Potential ROI
+41.9%
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
23%
Properties sold annually

Local Market Trend (SO15)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +4.9%
5 year growth: +15.5%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£487
Based on a loan of £101,250 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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