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Primrose Way, Locks Heath, Southampton, Hampshire SO31 - Image 1
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Primrose Way, Locks Heath, Southampton, Hampshire SO31 - Image 3

Primrose Way, Locks Heath, Southampton, Hampshire SO31

South East

£375,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
881 sqft

Description

This three-bedroom detached home presents a promising opportunity for first-time buyers and investors looking to put their personal touch on a property. With no onward chain, the transition into ownership can be seamless and quick. The ground floor houses an expansive sitting/dining room that exceeds twenty feet, providing a flexible space ideal for both social gatherings and relaxation. The fitted kitchen leads into a conservatory, overlooking the garden—this additional area serves as a versatile dining or lounge spot throughout the year. Furthermore, the integral garage offers substantial storage options or could be considered for conversion into extra living space, pending necessary approvals. Upstairs, there are three generous bedrooms, including a spacious principal suite and two additional rooms suitable for various uses like a nursery or study. The family bathroom completes this floor layout. Occupying approximately 1,002 sq. ft., this property is well-structured with clearly defined living areas that offer excellent potential for modernization according to personal preferences. Its location in Locks Heath boasts access to local amenities and schools, making it appealing for families and those commuting to nearby Southampton and Portsmouth via excellent transport links. This house is not just a home but a canvas awaiting your vision.

Investment Analysis

(SO31 area)

Above Market Value

This property is priced +11.5% above area average per sq ft

+11.5%
This Property
£426/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£370,099
10% above area average per sq ft
Potential ROI
-10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SO31)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -0.8%
5 year growth: +3.1%
Investment Disclaimer: Analysis based on SO31 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

Primrose Way, Locks Heath, Southampton, Hampshire SO31
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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
£1,328
Based on a loan of £281,250 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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