2-bedroom property · SO50 8EN
Listing removedReduced £10k (−3.7%) on 21 JunListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a popular residential area in Fair Oak, this is a really fantastic two bedroom, end of terrace house.
You will definitely feel a lovely warm welcome the minute you walk through the door - the fitted kitchen to the front provides a great area where you can enjoy rustling up a snack or feast - there is good storage & worktop space and it comes with cooker, washing machine & fridge/freezer.
This leads into the spacious living room which looks out over the raised patio and large garden - the room is bathed in light and will entice you to equally relax in the evening or enjoy a gathering of friends & family.
Upstairs are two bedrooms - the master bedroom is a good size double and the second bedroom a small double.
Completing the accommodation is the family bathroom with shower over bath arrangement This house has a large enclosed rear garden which is set out over two levels with a garden shed at the bottom.
To the front and side is a lawned area with side access to the garden. There is a separate garage with the house plus plenty of on-street parking.
The location of the property offers good access to the road network, the M27 and M3. There are good local shops and schooled with The Swan Centre & Eastleigh Train Station just under 3 miles away.
All in all this is a delightful house, which will make a charming home.
The property has been rented out by the current owner for a number of years and is currently tenanted at an annual rent of £15,000 giving a gross yield of 5.5%.
Practicalities Title: Freehold EPC Rating: D (68) Heating : Gas Council Tax Band: B (£1,762.79 for 2025/26) No Chain Please note the photographs were taken prior to the current tenancy.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Successful buyers will be required to complete online identity checks provided by Complete asap. The cost of these checks is £72 inc.
VAT per purchase which is paid in advance, directly to Complete asap. This charge verifies your identity in line with our obligations as agreed with hmrc. EPC rating: D.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About 49.., New Road, Eastleigh
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