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Wimpson Lane, Southampton, Hampshire, SO16 - Image 1
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Wimpson Lane, Southampton, Hampshire, SO16

South East

£200,000

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
904 sqft

Description

This three-bedroom terraced house presents a compelling opportunity in a desirable area of Southampton. With off-street parking and an enclosed rear garden, it offers significant potential for both home buyers and investors eager to undertake a renovation project. The property features a spacious reception room, three well-sized bedrooms, a kitchen, and family bathroom, all of which are in need of modernisation. This blank canvas allows new owners to personalize the living space according to their own preferences while adding value in the process. Additionally, the convenient location near local amenities, schools, transport links, and Southampton General Hospital enhances its appeal for future occupants or tenants. This property is suitable for first-time buyers, investors, or those looking to create their ideal home through refurbishment.

Investment analysis

(SO16 area)

Below Market Value

This property is priced -31.4% below area average per sq ft

-31.4%
Potential saving
This Property
£221/sq ft
Area Average
£323/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£320,744
10% above area average per sq ft
Potential ROI
+30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SO16)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +1.0%
5 year growth: +9.5%
Investment Disclaimer: Analysis based on SO16 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

Wimpson Lane, Southampton, Hampshire, SO16
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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
£756
Based on a loan of £150,000 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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