1, Cross Road, SOUTHAMPTON, Hampshire, SO19 4BY

Description

Two bedroom detached house on circa 0.39 acre plot Requiring complete renovation/repair or replacement Offering possible redevelopment potential (STPP) Tenure Freehold Location Situated in the popular Bitterne area of Southampton, the property is conveniently located close to a range of local shops, supermarkets, schools and everyday amenities. The area is well placed for local amenities and transport networks, together with easy access to the centres of Southampton and Bitterne, both of which are just a short drive away and provide a comprehensive level of facilities. Description This older style two-bedroom detached house is accessed via a private driveway to the left hand side of no.3 Cross Road. The property sits within a 0.39 acre plot that offers redevelopment potential (STPP) and also contains various outbuildings that have a history of commercial usage. The property requires complete renovation and repair, whilst offering the opportunity to significantly extend the accommodatio

Location

Property located at 1, Cross Road, SOUTHAMPTON, Hampshire, SO19 4BY.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£20,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆