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Richmond Road, Southampton, Hampshire SO15 - Image 1
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Richmond Road, Southampton, Hampshire SO15

South East

£250,000
Listed on 22/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
947 sqft

Description

This semi-detached two-bedroom home in a sought-after area of Southampton presents a compelling opportunity for both new homeowners and investors alike. The property features a private driveway and a generously sized rear garden, which not only enhances outdoor living but also offers significant potential for expansion, subject to planning approvals. Inside, the ground floor layout is practical, comprising two distinct reception areas: a bright lounge at the front and a centrally located dining room, perfect for entertaining. The kitchen, situated at the rear of the property, is spacious and well-lit, making it ideal for everyday cooking while enjoying views over the garden. A family bathroom on this level adds to the convenience. The first floor houses two well-proportioned double bedrooms that are comfortably accessible from the landing. Notably, there is loft access available for additional storage solutions or future conversion into living space, depending on local regulations. The extensive rear garden provides ample privacy and an inviting space for outdoor activities while also serving as an excellent canvas for possible extensions, ensuring this property can evolve with your needs. With its adaptable layout and sizeable plot, this home is poised for improvement and presents a strong investment potential in a desirable Southampton neighborhood.

Investment Analysis

(SO15 area)

Below Market Value

This property is priced -11.7% below area average per sq ft

-11.7%
Potential saving
This Property
£264/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£309
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£311,468
10% above area average per sq ft
Potential ROI
+5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SO15)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +1.9%
5 year growth: +13.0%
Investment Disclaimer: Analysis based on SO15 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

Richmond Road, Southampton, Hampshire SO15
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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
£885
Based on a loan of £187,500 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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