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Crescent Road, Locks Heath, Southampton - Image 1
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Crescent Road, Locks Heath, Southampton

South East

£699,950
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1352 sqft

Description

Nestled on a tranquil and established road, this three-bedroom detached bungalow provides an exceptional investment opportunity. Having been in the same family since its construction in the 1940s, it has been well maintained but is now ready for a new owner to bring their vision to life through modernization and renovation. The property serves as a solid base for those looking to enhance or completely transform its layout and aesthetic.<br><br>Occupying just under half an acre, the generous plot offers significant potential for development, pending necessary approvals. With ample space around the bungalow, there is flexibility to extend in various directions, whether to create a larger family home, add additional accommodation, or craft a unique living environment tailored to your needs.<br><br>The impressive size of the plot is complemented by mature boundary hedges that reach heights of up to 10ft, providing both privacy and the option for landscaping enhancements or garden expansion. Additionally, the property features a detached double garage, which adds functionality while also presenting further development possibilities.<br><br>Located conveniently close to local schools and essential amenities at Locks Heath Centre, this bungalow balances peaceful living with accessibility. The charming village of Warsash, known for its vibrant sailing lifestyle and scenic riverside views, is also nearby.<br><br>This property represents a blend of history and future potential—a rare find for those interested in undertaking a project that emphasizes space and privacy while allowing for creative freedom.

Investment Analysis

(SO31 area)

Above Market Value

This property is priced +34.8% above area average per sq ft

+34.8%
This Property
£518/sq ft
Area Average
£384/sq ft
Avg Rent (weekly)
£298
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£571,382
10% above area average per sq ft
Potential ROI
-27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (SO31)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 0.1%
5 year growth: 7.7%
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

Crescent Road, Locks Heath, Southampton
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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
£2,524
Based on a loan of £524,962 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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