Go back

3 Bed Detached House For Sale Norham Avenue, Southampton, SO16

£319,950- Detached

Yield: 4.13%
1 of 15
Yield: 4.13%
Save
  • Rental Guide: £880 - £1,100
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Tenure: Freehold
  • Close To General Hospital
  • Detached House
  • Three Bedrooms
  • Lounge
  • Dining Room
  • Fitted Kitchen
  • Three Piece Bathroom Suite
  • Off Road Parking
  • No Forward Chain
  • Viewing Highly Recommended
Last Updated: 21st March 2020

Description

Enfields are delighted to offer for sale this three bedroom detached house situated in the popular residential location of Shirley close to the General Hospital. The property comprises lounge, dining room, kitchen, cloakroom, three bedrooms and three piece bathroom suite. The property also benefits from gas central heating, double glazing, off road parking parking and private enclosed rear garden. The property is being offered for sale with no forward chain. An early internal viewing is highly recommended to appreciate the accommodation we have on offer.



HALLWAY


LOUNGE
4.05m (max) x 3.84m (13' 3" x 12' 7")

DINING ROOM
3.71m x 3.22m (12' 2" x 10' 7")

KITCHEN
4.45m x 2.41m (14' 7" x 7' 11")

CLOAKROOM


LANDING


BEDROOM ONE
4.05m (max) x 3.84m (13' 3" x 12' 7")

BEDROOM TWO
3.70m x 3.21m (12' 2" x 10' 6")

BEDROOM THREE


BATHROOM
1.78m x 1.64m (5' 10" x 5' 5")

OUTSIDE AREAS
The property benefits from off road parking and a private enclosed rear garden.

OTHER INFORMATION
Tenure: Freehold
Sellers position: No forward chain
Heating: Gas central heating
Windows: Double glazing
Local Council: Southampton City Council[use Contact Agent Button]
Agent Details
Enfields Estate Agents
345 Shirley Road, Southampton, Hampshire, SO15 3JD
Show Contact Number
023 8234 9561

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been fully classified.
3.7

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£9598.5
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
8.6

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

Property Image
8.2
£130,000
Flat
Yield: 8.77%
ROCI: 25%
Property Image
6.5
£240,000
Semi Detached
Yield: 7%
ROCI: 22%
Property Image
6.4
£250,000
Semi Detached
Yield: 6.91%
ROCI: 22%
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
3 Bedroom properties in “SO16” are mostly listed between £880 - £1,100. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested