2-bedroom house · SO14 0EQ
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Victorian Terraced House ** Two Bedrooms ** In Need of Refurbishment ** Newtown Location ** Chain Free ** This attractive red-brick Victorian bay and forecourt terraced house is situated in the ever-popular Newtown area of Southampton and presents an excellent opportunity for buyers seeking a property with scope to modernise and add value.
Offered for sale with no onward chain, the property is available via the modern method of auction through our partners iam sold.
The accommodation is arranged over two floors and retains a traditional layout. On the ground floor, there are two separate reception rooms, offering flexible living and dining space.
To the rear, an extended kitchen is fitted with a range of base and wall-mounted cabinetry, complemented by roll-edge work surfaces, and includes a mix of built-in and freestanding appliances.
Upstairs, the first floor comprises two well-proportioned double bedrooms, along with a bathroom featuring a panel-enclosed bath with shower over and glass screen, pedestal wash hand basin, and WC.
Externally, the property benefits from a walled and gated forecourt to the front, enhancing its kerb appeal.
To the rear, there is an enclosed courtyard-style garden, laid to hardstanding for ease of maintenance.
The current owner is in the process of acquiring the Freehold and this will form part of the sale.
Requiring modernisation and refurbishment throughout, this property offers fantastic potential for investors or buyers looking to create a home tailored to their own taste in a convenient and well-established location.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
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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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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 178, Northumberland Road, Southampton
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