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Spicers Way SO40

South East

£300,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
970 sqft

Description

Nestled in a sought-after residential area, this three-bedroom semi-detached home on Spicers Way presents an exciting opportunity for prospective buyers to infuse their personal style into a property brimming with potential. Entering through a central hallway, you're greeted by a spacious lounge that serves as a cozy haven for day-to-day life. The rear of the house features a dining area adjacent to the kitchen, both of which overlook and open up to the garden. This layout invites creative reconfiguration possibilities, whether it be transforming it into an expansive open-plan living area or even considering an extension with appropriate planning permissions. On the upper floor, you will find three generously sized bedrooms that cater well to families or individuals seeking flexible use of space, along with a family bathroom that offers further opportunity for enhancement. While the property has been maintained in good condition, it is ripe for cosmetic updates that can significantly increase its value over time. The outdoor space is equally appealing with a large garden ideal for outdoor activities and potential landscaping projects. Additional highlights include a long driveway, an external utility space, greenhouse, and a substantial outbuilding—perfect for transforming into a home office or workshop. Located conveniently in Totton, this property benefits from proximity to local amenities and excellent transport links including the M27 motorway for commuters. Moreover, nature enthusiasts will appreciate easy access to the beautiful New Forest National Park just moments away. Families will also find schools within close driving distance ensuring convenience in daily routines.

Investment Analysis

(SO40 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£309/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£405,087
10% above area average per sq ft
Potential ROI
+19.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SO40)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -0.4%
5 year growth: +11.4%
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

Spicers Way SO40
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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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