3-bedroom bungalow · SO16 9BN
For saleReduced £25k (−6.7%) on 9 SepListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain!
Mann Countrywide present for sale a must see extended three double bedroom detached chalet bungalow in Redbridge which is located in a prominent position with outstanding views overlooking Lower Test Nature Reserve which leads out on to the River Test.
Accommodation comprises the hall, spacious living room (approximately 21' deep), kitchen and dining room, plus two bedrooms and shower room on the ground floor.
There is a further double bedroom on the first floor. The front garden is mainly laid to lawn, with a variety of flower and shrub borders, with pathway leading to the front door.
The rear garden enjoys much seclusion, and is also mainly laid to lawn, with a variety of flower and shrub borders, patio area, and shed.
A driveway for up to two cars can be found at the side of the property. Redbridge is located on the western side of Southampton.
There are good transport links with the A35 leading to Southampton whilst the M271 motorway leads to the M27 motorway (junction 3) which provides a link towards Bournemouth (to the west), Portsmouth (to the east), and London (via the M3).
The New Forest is within easy reach. Hall Radiator. Stairs leading to first floor landing. Living Room (6.5m x 3.21m) Double glazed window to rear aspect.
Feature fireplace with brick surround and wooden mantle. Radiator. Television point. Dining Room (3.16m x 3.03m) Double glazed window to side aspect. Radiator. Television point.
Kitchen (3.62m x 3.19m) Double glazed window to rear aspect.
Kitchen comprising round bowl stainless steel sink unit with range of fitted cupboards and drawers under, further wall mounted cupboards, roll edge worktops. Cooker point.
Plumbing and space for washing machine. Space for fridge freezer. Wall mounted 'Worcester' gas boiler. Radiator. Door leading to lobby. Lobby Doors to front and rear gardens.
Main Bedroom 3.67m plus bay x 3.2m - Double glazed bay window to front aspect. Picture rail. Radiator. Bedroom Two (3.19m x 2.61m) Double glazed bay window to front aspect. Picture rail. Radiator.
Shower Room Double glazed frosted window to side aspect. White suite comprising separate shower enclosure, wash hand basin, wc.
Radiator Bedroom Three (3.6m x 3.43m) Double glazed window to side aspect. Radiator. Access to eaves.
Front Garden The front garden is mainly laid to lawn, with a variety of flower and shrub borders, with pathway leading to the front door.
Rear Garden The rear garden enjoys much seclusion, and is also mainly laid to lawn, with a variety of flower and shrub borders, patio area, and shed.
Parking A driveway for up to two cars can be found at the side of the property.
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.
Area
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FAQ
About 1, Test Lane, Southampton
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