1/24

2 bed flat for sale Sherwood Close, Southampton, SO16

Asking price

£98,000

Reduced on 11/10/2026

Retirement home

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £179 per sq ft
Tenure: Leasehold; 88 years left

Service charge £3,500 a year Council tax Band C £2,117 a year

Key features

Over 55's development
Fitted kitchen
Two bedroom flat
Popular Chestnut Lodge development
Entrance hall with useful storage
Off-road parking
Well-maintained communal areas
Convenient access to amenities & transport links
Ideal comfortable & independent retirement living
Book a viewing online 24/7

About this property

Situated within the popular and well-maintained Chestnut Lodge retirement development for the over 55s, this spacious two-bedroom flat offers comfortable, low-maintenance living in a welcoming community setting. Benefiting from off-road parking and attractive communal areas, the property is ideally suited to those seeking a secure and convenient lifestyle.

Floorplan

Council tax

Band C £2,117 a year

Per year

Band A

£1,588
Band B

£1,852
Band C

This home: £2,117
Band D

£2,381
Band E

£2,911
Band F

£3,440
Band G

£3,969
Band H

£4,763

This home is in band C, which costs £2,117 a year in Southampton for 2026/27.

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. Check a home's band on GOV.UK.

Property timeline

Reduced

October 2026 £98,000

Was £100,000
Listed

September 2026 £100,000

2 beds · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

This home

£179 / sq ft

Area average (sold)

£323 / sq ft

Price per area, sold homes nearby

£226 / sq ft

£179 / sq ft

£428 / sq ft

Lowest

This home

Highest

£179 per sq ft, below almost all recent sales in SO16 (£226–£428, 10th–90th percentile, 1,285 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,285 homes sold in SO16 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SO16 →

Location

Sherwood Close, Southampton, SO16

Open map Street View

Mortgage and stamp duty

Property price £98,000

£49k £147k

Deposit10% £10,000

£0 £98k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £88,000 mortgage. Most lenders would want a household income of about £20,000 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.

Address	Type	Sold	Size	Size	£/sq ft	Price
12, Chestnut Lodge, Sherwood Close Flat / maisonette	Flat / maisonette	Mar 2026	474 sq ft £179/sq ft	474 sq ft	£179	£85,000
19, Chestnut Lodge, Sherwood Close Flat / maisonette	Flat / maisonette	Jan 2026	581 sq ft £120/sq ft	581 sq ft	£120	£70,000
36, Chestnut Lodge, Sherwood Close Flat / maisonette	Flat / maisonette	Jan 2026	495 sq ft £200/sq ft	495 sq ft	£200	£98,950
45, Chestnut Lodge, Sherwood Close Flat / maisonette	Flat / maisonette	Jan 2026	570 sq ft £175/sq ft	570 sq ft	£175	£100,000
8, Chestnut Lodge, Sherwood Close Flat / maisonette	Flat / maisonette	Jan 2026	700 sq ft £139/sq ft	700 sq ft	£139	£97,000
13, Chestnut Lodge, Sherwood Close Flat / maisonette	Flat / maisonette	Dec 2025	484 sq ft £155/sq ft	484 sq ft	£155	£75,000
48, Chestnut Lodge, Sherwood Close Flat / maisonette	Flat / maisonette	May 2025	527 sq ft £171/sq ft	527 sq ft	£171	£90,000
42, Chestnut Lodge, Sherwood Close Flat / maisonette	Flat / maisonette	Apr 2025	495 sq ft £137/sq ft	495 sq ft	£137	£68,000