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Shared ownership
1/15

1 bed flat for sale Palmerston Road, Southampton, SO14

Asking price
£60,000
Morris Dibben logo

Added on 26/09/2026

50% share · about £120,000 full value
Type
Flat
Bedrooms
1
Bathrooms
1
Size
£98 per sq ft
Tenure
Leasehold

Key features

  • Share being sold: Contact branch
  • Rent payable: Contact branch

About this property

One-Bedroom Flat for Sale – Shared Ownership Opportunity (50% share £62,500) in Central Park, Southampton

Located in the popular Central Park development, this well-presented one-bedroom flat offers an ideal opportunity for first-time buyers to step onto the property ladder through a Shared Ownership Scheme, with a 50% share available to purchase at £62,500.

Floorplan

Council tax

Ask agent
Per year
  • Band A
    £1,588
  • Band B
    £1,852
  • Band C
    £2,117
  • Band D
    £2,381
  • Band E
    £2,911
  • Band F
    £3,440
  • Band G
    £3,969
  • Band H
    £4,763

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Southampton, 2026/27 bills run from £1,588 a year in band A to £4,763 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Southampton, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Palmerston Road, Southampton, SO14

Mortgage and stamp duty

Property price £60,000
£30k £90k
Deposit10% £6,000
£0 £60k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £54,000 mortgage. Most lenders would want a household income of about £12,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 49, Central Park, 8, Palmerston Road Flat / maisonetteDec 2025452 sq ft £321/sq ft£145,000
Flat 45, Central Park, 8, Palmerston Road Flat / maisonetteNov 2025829 sq ft £314/sq ft£260,000
Flat 44, Central Park, 8, Palmerston Road Flat / maisonetteOct 2025743 sq ft £276/sq ft£205,000
Flat 16, Central Park, 8, Palmerston Road Flat / maisonetteSept 2025581 sq ft £206/sq ft£120,000
Flat 17, Central Park, 8, Palmerston Road Flat / maisonetteJan 2025689 sq ft £203/sq ft£140,000
Flat 36, Central Park, 8, Palmerston Road Flat / maisonetteJun 2024n/a£70,400
Flat 23, Central Park, 8, Palmerston Road Flat / maisonetteOct 2022840 sq ft £68/sq ft£57,000
Flat 40, Central Park, 8, Palmerston Road Flat / maisonetteApr 2022678 sq ft £218/sq ft£148,000

All sales on Palmerston Road → All sold prices in Southampton →

Area insights

The neighbourhood around this property.

Marketed by
Morris Dibben, Southampton
53 London Road, Southampton, Hampshire
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