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Wimpson Lane, Millbrook, Southampton, Hampshire SO16 - Image 11
Wimpson Lane, Millbrook, Southampton, Hampshire SO16 - Image 12

Wimpson Lane, Millbrook, Southampton, Hampshire SO16

South East

£190,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
988 sqft

Description

This spacious three-bedroom terraced house presents a promising opportunity for renovation and investment in Millbrook, conveniently positioned near essential amenities, including The General Hospital and various local shops. With excellent transport links to the M3 and M27 motorways and proximity to Shirley’s lively high street, this property is well-situated for both residential living and rental potential.

The ground floor features a welcoming entrance hallway that leads to a comfortable sitting room, which flows into the kitchen area. Additional access points lead to the family bathroom, a conservatory that could enhance living space with some upgrades, and an essential separate WC. Ascending to the first floor, you'll find two double bedrooms alongside a single bedroom, each offering ample space for customization.

The front garden boasts significant potential for conversion into off-road parking (subject to planning permissions), while the rear low-maintenance garden can accommodate vehicle parking as well, supplemented by side access via a service road.

This property’s layout allows for various renovation possibilities that can significantly enhance its value. Upgrades could include modernizing key areas like the kitchen and bathrooms or creating an open-plan living environment to appeal to contemporary buyers or tenants. Just a short distance from Southampton's vibrant shopping and leisure offerings, this home is ideally situated for those looking to capitalize on its investment potential.

Investment Analysis

(SO16 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£192/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£285
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£350,384
10% above area average per sq ft
Potential ROI
+52.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SO16)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +1.6%
5 year growth: +11.2%
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, Millbrook, 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
£718
Based on a loan of £142,500 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.

Stamp Duty Calculator

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