Baxter Road, Southampton, SO19
South East
£65,000
Listed on 19/10/2026
Listed on 19/10/2026
The listing
Property details
Bedrooms
StudioType
StudioArea
328 sqftDescription
This ground-floor studio flat in Thornhill is offered with no forward chain and is aimed at cash buyers. The accommodation includes an entrance hall with a storage cupboard, a main living and sleeping area with built-in storage, a separate kitchen and a bathroom. The listing describes the flat as requiring modernisation, with the kitchen and bathroom both offering scope for updating.
The property is leasehold, with approximately 104 years remaining. The seller advises that the annual service charge is £706.56, inclusive of ground rent and buildings insurance, and that the ground rent is £10 per year. Buyers should verify the lease terms, charges, measurements and condition independently. Local shops and public transport are nearby, with Southampton city centre and the M27 accessible from the area.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
71out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £65,000, this studio is priced well below the local average per square foot, making it an attractive low-cost entry point. The tidy, usable layout has a separate kitchen and bathroom, while the older finishes across the main space and fittings offer a clear, manageable cosmetic refresh rather than an obvious major repair project. The maintained communal grounds are another plus; the main constraint is the compact 328 sq ft footprint.
Key opportunities
- Acquire at a price well below the local average per square foot.
- Refresh the dated living/sleeping area, including its carpet and ceiling finish.
- Update the green-fronted kitchen and older bathroom finishes to give the studio a more contemporary feel.
Key risks
- The compact 328 sq ft footprint may limit appeal and flexibility.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£246
Based on a loan of £48,750 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.
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