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See how verdicts work2-bedroom bungalow · SO40 3GT
For saleReduced £25k (−7.7%) on 2 JulListed 594 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hamwic Independent Estate Agents are pleased to present this charming 2-bedroom detached bungalow, ideally located in the heart of Totton, within easy reach of the town centre, local shops, and transport links.
This well-proportioned bungalow offers spacious and flexible accommodation throughout, complemented by a generous rear garden, off-road parking, and the added benefit of a newly fitted roof.
Offered with vacant possession and no forward chain, this is a superb opportunity for those seeking a home close to local amenities in a convenient and established location.
| detached bungalow | new roof | spacious lounge–dining room | 2 double bedrooms | kitchen | conservatory | shower room | generous rear garden | off road parking | gas central heating | double glazed windows | vacant possession | no forward chain | Accommodation Front: Set behind a brick boundary wall with timber fencing and double metal gates opening onto a hardstanding area providing off-road parking.
A side pathway with steps leads to the entrance door. Entrance Hall: Welcoming entrance with laminate flooring, radiator, textured ceiling, and access to the loft.
Airing cupboard housing the gas combi boiler and an additional walk-in storage cupboard. Doors to all principal rooms.
Bedroom 1: Double bedroom with double glazed window to the front aspect, radiator, fitted carpet, and chimney breast with wardrobes built into the recess.
Bedroom 2: Further double bedroom with double glazed window to the front aspect, radiator, fitted carpet, and feature chimney breast with decorative surround.
Kitchen: Fitted with a range of eye and base level units with work surfaces over, space for appliances including washing machine, cooker, fridge, and freezer.
Double glazed window and personal door to the side aspect, laminate flooring. Shower Room: Modern suite comprising low level WC, wash basin, and shower cubicle with fitted shower.
Obscure double glazed window to the side, tiled walls and flooring, and radiator.
Lounge–Dining Room: A bright and spacious dual-aspect room featuring double glazed sliding doors leading to the conservatory, two radiators, fitted carpet, and a feature fireplace surround.
Conservatory: Brick-based with double glazed windows overlooking the rear garden, power, lighting, and radiator fitted — ideal as a relaxing additional living space.
Rear Garden: Enjoying a private and low-maintenance setting, the garden offers a patio seating area, artificial turf, ornamental pond, timber fencing, and a garden shed with power and lighting.
Outside tap fitted.
Location: Conveniently positioned just a short stroll from Totton town centre, this property is ideally placed for access to local shops, bus routes, train station, and excellent road links to Southampton, Romsey, and the New Forest National Park.
Disclaimer: Whilst believed to be accurate, all details are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should satisfy themselves by inspection or otherwise as to their accuracy. We have not carried out a detailed survey nor tested the services, appliances, or fittings.
Room sizes should not be relied upon for carpets or furnishings. Measurements are approximate.
Value & comps
No previous sales on record.
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 asking
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 advisers 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
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FAQ
About 97, Water Lane, Southampton
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