2-bedroom terraced house · SO15 8QD
Sold STCListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charters are delighted to bring to the market this well proportioned charming and characterful two double bedroom Victorian home close to Shirley's vibrant high street and within easy reach of many daily amenities.
Locally you are well served for access to the city centre, schooling for all ages, the M27 motorway network, local shops and supermarkets, the central railway station and transport links across the city.
The well presented and favourably laid out accommodation on the ground floor comprises the entrance hallway with doors leading to the sitting room to the front of the home with feature bay window with a separate dining room to the rear of the home with stairs rising to the first floor and providing access to the kitchen which has a door taking you into the rear garden.
The first floor landing provides access to the loft space and doors taking you into the two generously sized double bedrooms both of which are served by the large four piece family bathroom.
The front of the home benefits from driveway parking for one vehicle whilst to the rear there is a garden of good size for all to enjoy during the summer months with rear gated pedestrian access.
ADDITIONAL INFORMATION Materials used in construction: ASK AGENT For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Shirley has proved to be a popular residential area with extensive shopping facilities found nearby in Shirley High Street.
The central railway station is found adjacent to Commercial Road and the city centre is a short distance away boasting numerous pleasant parks, the West Quay shopping mall, numerous bars, restaurants and cinemas.
Freemantle Lake Park and St James Park offer outdoor recreational space and the indoor swimming pool in Kentish Road is a popular neighbourhood facility. Schooling for all ages is found close by.
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
Agent & docs
FAQ
About Waterhouse Lane, Shirley, Southampton, Hampshire, SO15
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