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Southampton, SO18

South East

£260,000

Listed on 01/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
624 sqft

Description

This detached two-bedroom bungalow, set in a tranquil cul-de-sac in the desirable Midanbury area of Southampton, offers an exceptional opportunity for those looking to personalize a property with significant potential. The enclosed rear garden serves as a private sanctuary, perfect for relaxing or entertaining outdoors in a peaceful atmosphere. Inside, the layout is surprisingly spacious, featuring a large lounge that provides ample room for relaxation and social gatherings. The kitchen/breakfast room is designed for comfort and convenience, ideal for family breakfasts and daily life. Two generously-sized double bedrooms contribute to the functional layout. With off-road parking available and nestled in a quiet setting, this property is a peaceful retreat. However, it would greatly benefit from some updating, presenting an excellent blank canvas for modernisation tailored to your tastes. Being in one of Southampton's most sought-after neighbourhoods enhances its investment appeal. With no forward chain, this property promises a seamless transition for the right buyer.

Investment Analysis

(SO18 area)

Above Market Value

This property is priced +29.3% above area average per sq ft

+29.3%
This Property
£417/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£274
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£221,124
10% above area average per sq ft
Potential ROI
-26.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SO18)

Area prices are rising by +5.6% over the last 12 months
3 year growth: +1.9%
5 year growth: +13.0%
Investment Disclaimer: Analysis based on SO18 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

Southampton, SO18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£982
Based on a loan of £195,000 over 30 years at 4.45% 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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