Victoria Road, Southampton
South East
£350,000Guide Price
Listed on 08/10/2026
Listed on 08/10/2026
The listing
Property details
Bedrooms
3Type
Commercial PropertyFeatures
- Parking
- Tenanted
Description
This freehold mixed-use property in Woolston comprises a ground-floor commercial unit and two self-contained one-bedroom flats. The shop occupies a prominent position on Victoria Road, the area's main high street, with local shops and services nearby and transport links to Southampton city centre and surrounding areas. The commercial unit and both flats are currently let, and off-road parking is provided to the rear.
The listing notes potential to extend the first-floor flat and to explore additional residential accommodation at the rear, subject to the necessary consents. Any development or extension would require independent planning and feasibility checks. Offered through the Modern Method of Auction, the sale involves a reservation agreement and associated buyer fees, so prospective purchasers should review the auction pack and terms carefully.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
55out of 100
Grade DWeak opportunity
Confidence: LOW
This is a mixed-use freehold with an established tenant income, a fitted high-street shop, two occupied flats and rear parking — a distinctive investment canvas in Woolston. The residential finishes are dated but appear usable, so the £6,000–£18,000 renovation range points to a selective refresh rather than a major overhaul; the paved rear yard could also be tidied up. The listing mentions possible extension and additional accommodation, subject to consents and unverified feasibility.
The score is 55/100, grade D: the main limitation is that the floor area is missing, so value against local £/sqf cannot yet be judged. The asking price is £350,000, and the purchase plus renovation midpoint is about £362,000, but without floor area or a stated GDV the residual value cannot be assessed. The listing describes a Modern Method of Auction sale; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Retain the established income from the occupied shop and two one-bedroom flats.
- Refresh the dated but apparently usable residential finishes selectively, with a stated renovation range of £6,000–£18,000.
- Explore the mentioned extension or rear accommodation potential, subject to consents and feasibility.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,322
Based on a loan of £262,500 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.
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This calculation uses non-residential (land/commercial) tax rates.
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