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Hill Lane, Southampton, Hampshire, SO15

South East

£100,000

Listed on 19/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
409 sqft

Description

This leasehold flat presents an appealing opportunity for renovation enthusiasts and first-time buyers looking to make their mark. Located in a desirable area with access to public transport and local amenities, the property is primed for enhancement. The spacious layout includes a double bedroom and a reception room that opens onto a private patio—ideal for outdoor enjoyment. A kitchen characterized by its distinctive archway adds charm but could benefit from modern updates. Additionally, the accommodation features a single bathroom and the rare advantage of off-road parking. With no forward chain, this flat allows for potentially swift transactions, making it attractive for investors aiming to add value through refurbishment or buyers eager to personalize their living space. Given the extended lease of 149 years, this property is not just a home but an investment opportunity worth considering.

Investment Analysis

(SO15 area)

Below Market Value

This property is priced -18.9% below area average per sq ft

-18.9%
Potential saving
This Property
£244/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£298
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£135,712
10% above area average per sq ft
Potential ROI
+8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SO15)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +4.5%
5 year growth: +14.8%
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

Hill Lane, Southampton, Hampshire, SO15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£357
Based on a loan of £75,000 over 30 years at 3.97% 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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