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Milton Road, Polygon, Southampton, Hampshire, SO15 - Image 1
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Milton Road, Polygon, Southampton, Hampshire, SO15

South East

£220,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
937 sqft

Description

This charming Victorian terraced house, located in the sought-after Polygon area of Southampton, presents a promising opportunity for renovation and investment. Just a short walk from the lively atmosphere of Bedford Place's cafés, bars, and restaurants, this property benefits from easy access to local parks and reputable schools. With the same owner for over fifty years, it is now being offered to the market chain-free and vacant, allowing new owners to unleash its potential through modernisation. Upon entry, you are greeted by a spacious hallway leading to two generous reception rooms; a front-facing lounge featuring a desirable bay window and a dining room with views into the rear garden. The kitchen is equipped with basic cabinetry and offers ample space for appliances, while a rear lobby connects to both the garden and a large four-piece family bathroom. The first floor includes three sizeable double bedrooms along with access to loft space, presenting potential for further development (subject to planning). Outside, the low-maintenance enclosed garden features hard landscaping complemented by shrub borders and includes practical amenities like a brick barbecue and storage shed. This property is ideal for buyers looking to invest in an area known for its appeal; it offers great potential for those willing to undertake renovations that can significantly enhance its value.

Investment Analysis

(SO15 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£235/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
£307,303
10% above area average per sq ft
Potential ROI
+18.2%
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

Milton Road, Polygon, 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
£793
Based on a loan of £165,000 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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