3-bedroom semi-detached house · SO15 8RF
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** NO FORWARD CHAIN ** Waterhouse Lane, Southampton, Hampshire, SO15 Lets Sell Southampton are pleased to bring to the market this substantial three-bedroom home , offering approximately 1,057 sq ft / 98 sq m of internal accommodation , a generous rear garden, excellent off-road parking and the added benefit of a double garage .
The property offers an exciting opportunity for a buyer looking for a home with plenty of space and potential.
A number of improvements have already been carried out by the current owner, including replacement windows, a new front door and a newly fitted kitchen , with some finishing touches still required.
This gives the next owner the perfect opportunity to complete the property to their own taste without starting entirely from scratch.
The ground floor provides a particularly versatile layout, comprising a spacious lounge measuring approximately 14'0" x 11'9" , a separate dining room, additional reception room, kitchen and bathroom.
The combination of separate living spaces provides plenty of flexibility for family life, entertaining, working from home or adapting the accommodation to suit individual requirements.
Upstairs, the property continues to impress with three well-proportioned bedrooms .
The master bedroom measures approximately 14'2" x 10'8" , with the two further bedrooms both offering comfortable accommodation and measuring approximately 11'0" x 9'9" and 12'4" x 9'9".
Externally is where this home offers even more. There is plenty of off-road parking , together with a double garage , providing excellent space for vehicles, storage or potentially a workshop.
To the rear is a lovely large garden , offering a fantastic outdoor space with plenty of scope for a new owner to landscape and make their own.
The property is perfectly liveable as it stands, while still offering the opportunity for further cosmetic improvement and finishing works.
With its generous proportions, parking, garage and garden, this is a home with excellent potential for someone looking to create their ideal long-term property .
Waterhouse Lane is a well-established residential road in the Freemantle area of Southampton , conveniently positioned for the amenities of Shirley, local schools and everyday shops, while Southampton city centre and Central railway station are also within easy reach.
The location also provides convenient road connections towards the A33, M271 and wider motorway network.
An early viewing is highly recommended to fully appreciate the size, outside space and potential this property has to offer. Key Features Spacious Three-Bedroom Home Approx.
1,057 sq ft / 98 sq m Large Rear Garden Double Garage Plenty of Off-Road Parking Newly Fitted Kitchen – Some Finishing Required Replacement Windows New Front Door Separate Lounge & Dining Room Additional Reception Room Excellent Potential to Add Your Own Stamp Convenient Southampton Location EPC- New EPC has been completed will be update shorlty Features Full Double Glazing Oven/Hob Gas Central Heating Combi Boiler Double Bedrooms Large Gardens Property additional info Reception Room: 8' 4" x 5' 5" (2.54m x 1.65m) Bathroom: 12' 4" x 5' 4" (3.76m x 1.63m) Dining Room: 10' 10" x 10' 2" (3.30m x 3.10m) Kitchen: 12' 1" x 9' 5" (3.68m x 2.87m) Hallway: 6' 3" x 5' 5" (1.91m x 1.65m) Lounge: 14' x 11' 9" (4.27m x 3.58m) Bedroom 3: 11' x 9' 9" (3.35m x 2.97m) Bedroom 2: 12' 4" x 9' 9" (3.76m x 2.97m) Landing Master Bedroom: 14' 2" x 10' 8" (4.32m x 3.25m)
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.
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