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122 Richmond Road, Southampton, SO15 3FS - Image 1

122 Richmond Road, Southampton, SO15 3FS

South East

£140,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This semi-detached three-bedroom home presents a compelling opportunity for renovation and investment. While it requires significant updates and repairs, the property is already equipped with off-street parking and boasts a rear garden, ideal for those looking to enhance outdoor space. Notably, the house has potential for extension (subject to necessary consents), allowing for further development in line with current market demands. The location offers convenient access to amenities in Southampton's Freemantle and Shirley districts, ensuring that prospective buyers have local shops, cafes, and essential services within reach. With vacant possession, this property is ready for transformation into a modern family home or a profitable rental investment.

Investment Analysis

(SO15 area)
Area Average
£298/sq ft
Avg Rent (weekly)
£315
Avg Yield
6.9%

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
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

122 Richmond Road, Southampton, SO15 3FS
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 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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