Modern Method of Auction
Auction date not yet published
3-bedroom semi-detached house · SO31 7EQ
For saleReduced £20k (−8.3%) on 13 OctListed 36 days
Opportunity summary
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About
Summary ** Being sold via secure online bidding. Terms & conditions apply.
** Offered with no forward chain and situated on a larger than average corner plot, this three bedroom semi-detached home includes a carport to the side and a south westerly facing rear garden with off Street parking.
The accommodation on the ground floor comprises a spacious, 24ft lounge/diner, fitted kitchen and a conservatory, whilst on the first floor there are three bedrooms and a family bathroom.
Location The property is conveniently situated close to local shops, schools and amenities, including Holly Hill Leisure Centre and the M27 motorway links.
Directions Upon entering Painswick Close from Addison Road, the property can be found on the left hand corner.
Ground floor The entrance hall has stairs to the first floor and doors through to the lounge/diner and kitchen.
The generous lounge/diner has a window to the front, a wood burning stove and French doors leading through to the good-sized conservatory, which has French doors opening out to the rear garden.
The kitchen has been fitted with a range of wall and base units with space for free-standing appliances and has a window to the rear aspect and a door leading out to the carport.
First floor The spacious master bedroom overlooks the rear garden, whilst bedrooms two and three both face the front of the property, with the third bedroom benefitting from a built-in cupboard.
The family bathroom comprises a panel enclosed bath with electric shower over, wash hand basin, WC and a window to the rear.
Outside To the front there is a lawned garden with a pathway to the front door and a gate leading through to the carport.
A set of wooden, double gates to the side provide vehicular access to the larger than average rear garden where there is space for off road parking and access to the carport.
The garden is mainly laid to paving and enjoys a south westerly aspect. Council Tax Band: C Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 1, Painswick Close, Southampton
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