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Heath Road, Locks Heath, Southampton

South East

£325,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow
Area
980 sqft

Description

This three-bedroom semi-detached chalet bungalow presents a compelling opportunity for renovation and investment in the desirable area of Locks Heath. The property, which is being sold with no onward chain, features a spacious lounge/dining room complete with a walk-in bay window and an original brick fireplace, providing a solid foundation for modern updates. The kitchen offers ample space for appliances, while the conservatory opens directly onto the rear garden, allowing for potential enhancement of indoor-outdoor living. Accommodation includes a convenient downstairs shower room and an en-suite attached to the main bedroom on the first floor, alongside two additional ground-floor bedrooms equipped with built-in storage. Outside, you will find front and rear gardens along with a detached garage and driveway parking. With local amenities such as shops and schools within walking distance, this property is well-located for both residential use and rental potential. Given its condition requiring renovation, it's ideal for those looking to create their own vision or capitalize on the property's rental value in this sought-after area.

Investment Analysis

(SO31 area)

Below Market Value

This property is priced -13.2% below area average per sq ft

-13.2%
Potential saving
This Property
£332/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£412,012
10% above area average per sq ft
Potential ROI
+9.9%
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
10%
Properties sold annually

Local Market Trend (SO31)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -0.8%
5 year growth: +4.1%
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

Heath Road, Locks Heath, Southampton
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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
£1,228
Based on a loan of £243,750 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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