3-bedroom terraced house · SO16 3JJ
For saleReduced £15k (−6.7%) on 7 OctListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the ever-popular residential location of Bassett Green, this three-bedroom mid-terraced family home occupies an enviable position, offering excellent access to the M27 and M3 motorway networks, Southampton University campuses, and the wide range of shops, cafés, and amenities available along nearby Portswood High Street.
Having been a much-loved family home for many years, the property offers an excellent opportunity for buyers looking to put their own stamp on a home.
While some cosmetic modernisation would be beneficial, the property is well maintained and boasts a number of desirable features, including generous off-road parking via a block-paved driveway and no chain.
The accommodation begins with a welcoming entrance hallway, providing access to the living room and stairs rising to the first floor.
The living room is well proportioned and enjoys a feature bay window, allowing plenty of natural light, together with useful understairs storage.
From here, a door leads through to the kitchen, which offers ample cupboard storage along with space for a gas cooker, washing machine, and fridge freezer.
Beyond the kitchen is a recently converted wet room, finished in neutral tiling and fitted with a white suite comprising a low-level WC, pedestal wash hand basin, and walk-in electric shower.
A lean-to conservatory provides useful additional storage and offers direct access to the rear garden.
The first floor accommodates three well-proportioned bedrooms, making the home ideal for families, first-time buyers, or those seeking flexible living space.
Outside, the rear garden is of a good size, featuring areas of concrete hardstanding with the remainder mainly laid to lawn.
At the far end of the garden is a further hardstanding area, creating an ideal space for outdoor seating or entertaining.
Further benefits include gas central heating, double glazing throughout, and the added advantage of being offered to the market with no forward chain.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 155, Carnation Road, Hampshire
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