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Primrose Way, Locks Heath, Hampshire, SO31 - Image 1
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Primrose Way, Locks Heath, Hampshire, SO31

South East

£400,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1136 sqft

Description

Nestled in a peaceful and attractive residential area, this three-bedroom detached property presents an excellent opportunity for prospective buyers to infuse their personal style and modernize the home. It features two spacious double bedrooms alongside a well-sized single bedroom, making it adaptable for family living or even as a dedicated workspace. While the property has been well maintained, there is significant potential to enhance it further, ensuring the foundation laid over the years can be transformed into a contemporary residence. A notable aspect of this home is the separate garage, which could be repurposed into an additional reception area, home office, or creative studio (subject to necessary permissions), thereby increasing its functionality. The outdoor space includes a sizeable rear garden ideal for various activities from family gatherings to gardening projects and landscape improvements. Furthermore, the property benefits from off-road parking with its own driveway. Conveniently located within walking distance of Locks Heath Shopping Centre, residents are within easy reach of multiple amenities such as cafés, restaurants, local shops, and a large Waitrose. The community atmosphere coupled with excellent local schools like Brookfield secondary school enhances its appeal as a family-oriented neighborhood. This property offers a solid investment potential for those looking to make it their own in this desirable locale.

Investment Analysis

(SO31 area)

Below Market Value

This property is priced -7.9% below area average per sq ft

-7.9%
Potential saving
This Property
£352/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£302
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£477,597
10% above area average per sq ft
Potential ROI
+9.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (SO31)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.1%
5 year growth: +6.0%
Investment Disclaimer: Analysis based on SO31 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

Primrose Way, Locks Heath, Hampshire, SO31
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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
£1,443
Based on a loan of £300,000 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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