Melrose Road, Southampton, Hampshire, SO15
By Woolley & Wallis
£ 450,000
Reviews
3 out of 5 stars
Woolley & Wallis says ..
A detached property of almost 1500sqft, with scope to modernise and improve, with a garage, off road parking and a generous East facing rear garden.
Property Oracle says ..
This three-bedroom, one-bathroom property in Southampton’s Shirley area presents a mixed bag of opportunities and challenges. The house’s location is a definite plus, with good access to schools and transport links. The presence of a garden adds to its appeal. However, the property’s condition is a significant factor. The provided images clearly show that the interior requires a complete refurbishment. The kitchen and bathrooms are outdated, and the decor throughout is dated. While the property appears structurally sound, potential buyers should factor in substantial renovation costs. The listing price of £450,000 reflects the need for modernisation, and while not exceptionally cheap, it’s fairly priced compared to similar properties in the area, especially considering the potential for increasing value after renovation. The lack of plot size data prevents a definitive assessment of land value, but the garden appears reasonably sized for the area. Overall, this property would be suitable for a buyer willing to undertake a significant renovation project, with the potential for a substantial return on investment after completion.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,478.64
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 405,000.00 £Increased by 23.65 %
- Est sale value
- 616,592.88 £Increased by 37.62 %
- Average area rental value
- 1,197.00 £/moDecreased by 5.00 %
- Est letting value
- 1,478.64 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.55 %Decreased by 23.16 %
- Crime Rate
- 0.00 %
Agent Activity
Woolley & Wallis created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hollybrook Junior School | Academy Sponsor Led | Good | 0.44 KM |
| Bassett And Lordswood Sure Start Childrens Centre | Children's Centre | 0.48 KM | |
| Hollybrook Infant School | Academy Converter | Good | 0.50 KM |
| Richard Taunton Sixth Form College | Academy 16-19 Converter | Requires improvement | 0.57 KM |
| Upper Shirley High School | Academy Converter | Good | 0.60 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Farley Court | £ 0 | 0 | 0.00 KM |
| Harland Crescent | £ 0 | 0 | 0.00 KM |
| Branksome Avenue | £ 0 | 0 | 0.00 KM |
| Morland Road | £ 0 | 0 | 0.00 KM |
| Beaumont Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Southampton Central | 5932 | SOU | 2.73 KM |
| Millbrook (Hants) | 5909 | MBK | 2.78 KM |
| St Denys | 5914 | SDN | 3.57 KM |
| Swaythling | 5933 | SWG | 4.80 KM |
| Bitterne | 5945 | BTE | 4.84 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Melrose Road, Southampton, Hampshire, SO15 | £ 450,000 | BUY | 6 / 10 | 0.00 KM |
| Upper Shirley, Southampton | £ 535,000 | BUY | 7 / 10 | 0.07 KM |
| Upper Shirley, Southampton | £ 600,000 | BUY | 6 / 10 | 0.09 KM |
| Hill Lane Southampton, Hampshire, SO15 7PH | £ 1,500,000 | BUY | 8 / 10 | 0.11 KM |
| Melrose Road, Upper Shirley, Southampton, Hampshire, SO15 | £ 500,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Melrose Road | £ 345,000 | 0.07 KM |
| 21 Melrose Road | £ 375,000 | 0.07 KM |
| 17 Melrose Road | £ 400,000 | 0.07 KM |
| 5 Melrose Road | £ 620,000 | 0.07 KM |
| 8 Melrose Road | £ 317,500 | 0.09 KM |