82, Glen Eyre Road, SOUTHAMPTON, Hampshire, SO16 3NL

Description

Four bed detached house requiring modernisation/replacement Planning granted for demolition & erection of 3 dwellings Popular residential area off Bassett Avenue Tenure Freehold Location Situated in the popular residential area of Bassett, this property is well situated for Southampton University and access to the M3 motorway, together with the city centre. Public transport links include bus services on Bassett Avenue giving access to surrounding areas along with Southampton City Centre, which offers a comprehensive range of shopping and dining amenities. Description This four bedroom three reception detached house requires complete modernisation or replacement having suffered severe water ingress from the loft water tank. Alternatively the property is being offered with full planning for its demolition and replacement with 2 x 4 bedroom & 1 x 5 bedroom detached townhouses. Accommodation (Existing) Ground Floor: Entrance Hallway with Stairs to First Floor, Cloakroom, Kitchen, Living Ro

Location

Property located at 82, Glen Eyre Road, SOUTHAMPTON, Hampshire, SO16 3NL.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £15,000–£30,000. 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: Refurbishment & Resale. 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

Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆