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Southampton, SO18

South East

£145,000

Listed on 15/07/2026

Property details

Bedrooms
2
Type
Flat
Area
753 sqft

Description

Discover this two-bedroom first floor flat in the desirable Bitterne Park area, offering a prime opportunity for renovation and investment. Spanning 678 square feet, the layout is designed for functional living, featuring two spacious double bedrooms that cater well to couples or small families. The family bathroom is practical, while the large reception room provides an adaptable space for relaxation or entertaining. The kitchen is fully fitted but presents potential for modern updates to enhance its appeal. The flat is positioned in a tranquil neighborhood with convenient on-road parking and close proximity to local amenities. Bitterne Park's community-focused atmosphere, combined with access to excellent schools and green spaces like Riverside Park, adds significant value. For outdoor enthusiasts, the Woodmill Activity Centre nearby offers various activities. For food lovers, The Butchers Hook Alehouse serves as a local gem for social gatherings. Southampton's vibrant city life further enriches the location, with an array of shops and cultural experiences just a stone's throw away. This property is perfect for those eager to make their mark on a well-situated home where they can enjoy both comfort and convenience.

Investment analysis

(SO18 area)

Below Market Value

This property is priced -40.1% below area average per sq ft

-40.1%
Potential saving
This Property
£193/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£275
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£266,257
10% above area average per sq ft
Potential ROI
+56.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SO18)

Area prices are rising by +6.0% over the last 12 months
3 year growth: +2.3%
5 year growth: +12.6%
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
£548
Based on a loan of £108,750 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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