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Richmond Road, Southampton, Hampshire, SO15 - Image 1
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Richmond Road, Southampton, Hampshire, SO15

South East

£250,000
Listed on 17/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
947 sqft

Description

This two-bedroom semi-detached house, located in a sought-after residential neighborhood of Southampton, presents an excellent opportunity for investors or first-time buyers looking to make their mark. The property features a private driveway and an expansive rear garden that not only offers privacy but also ample space for potential extensions, pending the necessary planning permissions. Inside, the ground floor is thoughtfully arranged with two distinct reception rooms: a bright lounge at the front and a centrally located dining area. The kitchen, situated at the back of the home, is well-lit and functional, allowing for comfortable cooking while overlooking the garden. Additionally, there is a family bathroom conveniently positioned off the central hallway. Upstairs, you'll find two spacious double bedrooms that benefit from good proportions and easy access from the landing. The landing itself provides loft access, adding further storage options and future expansion potential. With its flexible layout and generous outdoor space, this property stands out as a valuable investment for those interested in enhancing its livability or capitalizing on its growth potential in this desirable part of Southampton.

Investment Analysis

(SO15 area)

Below Market Value

This property is priced -11.7% below area average per sq ft

-11.7%
Potential saving
This Property
£264/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£309
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£311,468
10% above area average per sq ft
Potential ROI
+11.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SO15)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +1.9%
5 year growth: +13.0%
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

Richmond Road, Southampton, Hampshire, SO15
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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
£885
Based on a loan of £187,500 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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