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5 bed house for sale The Parkway, Southampton, SO16

Offers over

£425,000

Reduced on 14/10/2026

Type: Semi-detached
Bedrooms: 5
Bathrooms: 2
Size: £248 per sq ft
Tenure: Ask agent

Council tax Band E £2,911 a year

Key features

HMO License For 5 Sharers
Let For £30,000 PA
Five Bedrooms
Sought After Location
Two Bathrooms
Garage and Off Road Parking

About this property

*** LICENCED HMO PROPERTY *** This fully licensed HMO property is producing a return of £30,000 per annum giving a 7% Yield retuned and is fully let until the end of July 2027. Don't miss out on this charming period semi-detached house located in a sought-after town in Hampshire. This spacious property boasts five bedrooms, with a generous reception room and two bathrooms.

Floorplan

Council tax

Band E £2,911 a year

Per year

Band A

£1,588
Band B

£1,852
Band C

£2,117
Band D

£2,381
Band E

This home: £2,911
Band F

£3,440
Band G

£3,969
Band H

£4,763

This home is in band E, which costs £2,911 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.

Price guide

77 comparables · within 3 miles

Cheaper than 70% of the 5+ bed houses for sale nearby right now.

This home, £425,000 Median £600,000 · £300,000 – £982,000

Per square foot

£248 13% under

5+ bed houses nearby £285

Against sold prices

20% under

SO16 sold median £311 / sq ft, 1,285 sales

Compared with 77 5+ bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in SO16 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SO16 →

Location

The Parkway, Southampton, SO16

Open map Street View

Mortgage and stamp duty

Property price £425,000

£212k £638k

Deposit10% £43,000

£0 £425k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £382,000 mortgage. Most lenders would want a household income of about £85,000 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
20, The Parkway Semi-detached	Semi-detached	Oct 2025	1,270 sq ft £335/sq ft	1,270 sq ft	£335	£425,000
8a, The Parkway Flat / maisonette	Flat / maisonette	Apr 2024	657 sq ft £343/sq ft	657 sq ft	£343	£225,500
2a, The Parkway Flat / maisonette	Flat / maisonette	Oct 2023	1,023 sq ft £230/sq ft	1,023 sq ft	£230	£235,000
28, The Parkway Detached	Detached	Nov 2022	915 sq ft £388/sq ft	915 sq ft	£388	£355,000
36, The Parkway Detached	Detached	Mar 2021	1,442 sq ft £326/sq ft	1,442 sq ft	£326	£470,000
18, The Parkway Semi-detached	Semi-detached	Dec 2020	1,249 sq ft £280/sq ft	1,249 sq ft	£280	£350,000
8, The Parkway Flat / maisonette	Flat / maisonette	Jul 2019	646 sq ft £232/sq ft	646 sq ft	£232	£150,000
38, The Parkway Semi-detached	Semi-detached	Apr 2019	1,862 sq ft £200/sq ft	1,862 sq ft	£200	£372,000