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Inner Avenue , Southampton

South East

£240,000
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This charming cottage-style residence is situated in the desirable Inner Avenue area, making it an appealing option for both investors and first-time buyers. Currently licensed as a House in Multiple Occupation (HMO) accommodating up to three tenants, this property holds significant renovation potential to revert it to a delightful family home with some thoughtful updates. Key features include gas central heating, double glazing throughout, and a well-maintained enclosed garden that enhances outdoor living space. Inside, the layout comprises a welcoming hallway leading to a cozy lounge with a bay window, a separate dining room, and a functional kitchen equipped with essential units and appliances. The rear lobby provides convenient access to the garden, while the bathroom boasts a practical suite with shower facilities. Upstairs includes two bedrooms offering comfortable living spaces filled with natural light. This property represents an excellent investment opportunity or could become an ideal owner-occupied residence with some refurbishment work.

Investment Analysis

(SO14 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£281
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SO14)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.6%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on SO14 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

Inner Avenue , Southampton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£850
Based on a loan of £180,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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