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Methuen Street, Southampton, SO14 - Image 1
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Methuen Street, Southampton, SO14

South East

£225,000

Listed on 06/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
916 sqft

Description

This two-bedroom terraced house presents a promising opportunity for those looking to invest in a property with significant potential for improvement. The home features spacious accommodation, including a generous open-plan living and dining area that benefits from ample natural light, creating a welcoming atmosphere. The layout allows for comfortable seating and dining arrangements, with direct access to the rear garden from the dining side, enhancing the connection between indoor and outdoor spaces. The galley-style kitchen, located at the rear, offers a practical layout with ample scope for updating and reconfiguration, subject to necessary approvals. A unique feature of this property is the bathroom, which has its own access to the rear garden, providing potential for creative refurbishment ideas. Upstairs, two well-proportioned double bedrooms await, both of which would benefit from cosmetic updates but offer good space for furnishings. While the property requires refurbishment throughout, the majority of the work needed is cosmetic, allowing for a fresh start to modernise and personalise the home. The existing layout is functional, and with some vision, this property could transform into a stylish residence. The reasonably sized rear garden adds to the appeal, offering a space for outdoor activities and further landscaping opportunities. Located on Methuen Street in the desirable Bevois area of Southampton, this property is conveniently positioned for easy access to the city centre and local amenities, including shops, cafes, and schools. With excellent transport links nearby, including Southampton Central railway station, this home is suitable for both first-time buyers and investors looking for a project with considerable potential.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

54out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This two-bedroom terraced house presents a solid opportunity for those looking to acquire a property below the local average price per square foot, making the asking price of £225,000 particularly attractive. With a price of £246/sqf compared to the local average of £281/sqf, buyers can see immediate value in this purchase. While the property does require extensive cosmetic work throughout, it offers a spacious layout with good room proportions and natural light, providing an excellent foundation for modernisation.

The living areas, though dated, are generously sized and can be transformed into a welcoming space with some thoughtful updates. The galley kitchen and bathroom also show signs of wear but hold potential for reconfiguration, enhancing the overall functionality of the home. With an all-in renovation budget of £285,000 looking tight against local benchmarks, prospective buyers should consider the scope of improvements available, from cosmetic upgrades to potential structural enhancements. Overall, this property is well-positioned for someone eager to invest time and resources into creating a personalized home in a desirable location.

Key opportunities

  • Spacious living areas that can be modernised to enhance comfort and style.
  • Good-sized garden with potential for landscaping and outdoor improvements.
  • Two well-proportioned bedrooms that can be updated for greater appeal.

Key risks

  • Renovation costs appear tight against local benchmarks, requiring careful budgeting.
  • Potential structural concerns should be investigated before proceeding with extensive renovations.

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Map

Location

Methuen Street, Southampton, SO14
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 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.

Tax

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