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Oldbarn Close, Calmore, Southampton SO40 - Image 1
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Oldbarn Close, Calmore, Southampton SO40

South East

£260,000
Listed on 06/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
975 sqft

Description

This three-bedroom terraced property, nearly reaching 1,000 sqft, offers a fantastic opportunity for those looking to invest in a home that can be modernised to suit personal tastes. Currently tenanted and available with no onward chain, the house is ripe for transformation. It features a practical layout with a kitchen equipped with essential units and spaces for appliances. The sitting/dining room, which serves as the focal point of the home, leads into a conservatory, adding potential for increased living space. On the first floor, there are three good-sized bedrooms complemented by a family bathroom. Outside, both front and rear gardens provide flexibility for landscaping or outdoor enhancements, along with access to a garage at the rear. The property is situated in Calmore, an area known for its community feel and convenient access to local amenities and transport links. With proximity to the New Forest National Park and Southampton city centre, this residence has great potential not just as a home but also as an investment.

Investment Analysis

(SO40 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£267/sq ft
Area Average
£376/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£403,260
10% above area average per sq ft
Potential ROI
+41.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SO40)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +1.2%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on SO40 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

Oldbarn Close, Calmore, Southampton SO40
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£921
Based on a loan of £195,000 over 30 years at 3.91% 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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