Modern Method of Auction
Auction date not yet published
5-bedroom detached house · SO15 1HP
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the well-connected Freemantle area of Southampton, this substantial double bay-fronted detached home offers generous proportions, excellent potential and a location that works effortlessly for modern living.
Local amenities in neighbouring Shirley are close at hand, providing everyday convenience, while the City Centre and wider travel networks are easily reached, making the position ideal for commuting and access across the region.
Arranged over three floors, the property has been extended into the loft to create a five-bedroom layout that lends itself to family life, multi-generational living or those seeking flexible space.
Multiple reception rooms provide scope for both formal and informal areas, with the overall footprint offering a rare sense of scale.
The home now requires modernisation and upgrading, presenting a valuable opportunity for buyers wishing to tailor the interiors to their own style.
Sitting on a notably large plot, the property also offers exciting potential for future redevelopment, subject to the necessary planning consents.
Whether restored as a substantial family residence or reimagined more extensively, the setting and size of the plot create a compelling foundation for a wide range of possibilities.
The property is currently let at £1,100 per calendar month.
A Section 8 notice has been served on the tenants, and prospective purchasers must satisfy themselves on all related enquiries prior to bidding.
For sale by Modern Auction – T&c's apply This property is for sale by the Modern Method of Auction.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor.
This time allows buyers to get in place any mortgage finance required (subject to lending criteria, affordability and survey).
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction.
To find out more about the fees associated with this property please contact the office on .
The buyer will be required to sign a Reservation Agreement and make payment of a non-refundable Reservation Fee.
The Reservation 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.
Further clarification on this must be sought from your legal representative.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Buyers will be required to go through an identification verification process and provide proof of how the purchase would be funded.
*Guide Price: This is an indication of the seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”.
This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction.
Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.” A Legal Pack will be made available for this property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
To make A bid or request A legal pack – Please contact our office for more details. Disclaimer Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £65 inc. VAT per property and is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About 109, Millbrook Road East, SOUTHAMPTON
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