Modern Method of Auction
Auction date not yet published
3-bedroom semi-detached house · SO50 4FX
For saleListed 34 days
Opportunity summary
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About
Summary A spacious three-bedroom semi-detached home in the desirable Eastleigh, offered for sale via Modern Auction and available to both cash and mortgage buyers.
Requiring some modernisation, the property offers excellent potential, and benefits from two reception rooms, driveway parking, and garden.
Description A fantastic opportunity to purchase this spacious three-bedroom semi-detached family home, situated in the popular and desirable area of The Quadrangle, Eastleigh.
Offered for sale via Modern Auction, the property is available to a wide range of buyers, including both cash and mortgage buyers, subject to the relevant auction terms and conditions.
The property would benefit from some modernisation throughout, providing an exciting opportunity for a purchaser to put their own stamp on the home and create a fantastic family residence tailored to their own taste and requirements.
Upon entering, the property offers a welcoming layout with two separate reception rooms, providing excellent flexibility for family living, dining or entertaining.
The fitted kitchen is positioned to the rear and benefits from a door leading directly out to the garden.
To the first floor are three generous bedrooms and a family bathroom, offering comfortable accommodation for a growing family.
Outside, the property benefits from off-road driveway parking to the front, with convenient side access leading through to the rear garden.
The garden is mainly laid to lawn with a patio area, providing a good-sized outdoor space with plenty of potential for landscaping and enjoying during the warmer months.
Offered with no onward chain, this property represents an excellent opportunity for buyers looking for a home with scope for improvement in a sought-after Eastleigh location.
Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hall Radiator. Lounge Double glazed window to front aspect. Back boiler. Radiator. Electric fireplace. Dining Room Double glazed window to rear aspect. Radiator.
Kitchen Double glazed window to rear aspect.. UPVC door.and double glazed window to side aspect. Fitted kitchen with wall base units. Integral oven, hob and extractor fan.
Space for washing machine and fridge freezer. Landing Double glazed window to side aspect. Radiator. Bedroom 1 Double glazed window to rear aspect. Radiator.
Bedroom 2 Double glazed window to front aspect. Radiator. Built in cupboard housing water tank. Bedroom 3 Double glazed window to rear aspect. Radiator. Bathroom Double glazed window to side aspect..
Radiator. Wash hand basin.. Bath with mixer tap and shower over. Outside To the front. Off road driveway parking. Side access. To the rear. Garden is mainly laid to law with a small patio area. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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Returns
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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 101, The Quadrangle, Eastleigh
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