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The Parkway, SOUTHAMPTON

South East

£475,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1345 sqft

Description

This three/four-bedroom detached residence located on Parkway in Southampton offers a promising opportunity for buyers looking to invest in a home with significant renovation potential. Set on a spacious plot, the property features a large sloping rear garden, ample parking via a garage and driveway, and a flexible layout that can easily accommodate family living or remote working setups. Upon entering, you're welcomed by a functional hallway that leads to an L-shaped lounge/diner, characterized by generous dimensions and abundant natural light from dual aspect windows. The kitchen, found at the rear of the house, has direct access to the garden and is fitted with various base and wall units, providing plenty of scope for reconfiguration or even extension subject to planning permission. The ground floor also includes an additional sitting room which can serve as either a fourth bedroom or extra living space, along with a shower room that enhances the property's practicality. Moving to the first floor, there are three well-sized bedrooms—two doubles and one single—all benefiting from pleasant views. The family bathroom is equipped with both a bath and wash basin, plus there's a separate toilet for added convenience. Externally, the driveway leads you to the garage while the rear garden stands out as an idyllic retreat; its mature planting and privacy offer great landscaping potential. This property is ideal for those looking to modernize it according to their taste and enhance its overall value.

Investment Analysis

(SO16 area)

Above Market Value

This property is priced +10.1% above area average per sq ft

+10.1%
This Property
£353/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£474,550
10% above area average per sq ft
Potential ROI
-8.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SO16)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -5.1%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on SO16 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

The Parkway, 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
£1,682
Based on a loan of £356,250 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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