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£79,950

Asking price

2 bed flat for sale Summit Way, Southampton

2 beds 1 bath Flat

Leasehold

Added on 16/09/2026

About this property

Situated in the popular residential area of Summit Way, Midanbury, this two-bedroom flat presents an exciting opportunity for buyers looking to create a home tailored to their own taste and style. Requiring renovation throughout, the property offers fantastic potential and would make an ideal project for investors, first-time buyers, or anyone keen to add value. With a well-proportioned layout, the flat provides a solid foundation to transform into a modern and comfortable living space.

Key features

Two spacious bedrooms
Excellent renovation project
Great potential to add value
Well-proportioned layout
Kitchen and bathroom requiring updating
Popular Midanbury location
'Finance Available Subject to Status'

Floorplan

Price guide

This home

£130 / sq ft

Area average (sold)

£329 / sq ft

Price per area, sold homes nearby

£232 / sq ft

£130 / sq ft

£434 / sq ft

Lowest

This home

Highest

£130 per sq ft, below almost all recent sales in SO18 (£232–£434, 10th–90th percentile, 924 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 924 homes sold in SO18 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SO18 →

Location

Summit Way, Southampton, SO18 4ST

Open map Street View

Council tax: Band D (Approx £2,381/year)

Mortgage and stamp duty

Property price £79,950

£40k £120k

Deposit10% £8,000

£0 £80k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £71,950 mortgage. Most lenders would want a household income of about £16,000 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.

Historic sold prices nearby

HM Land Registry sales in SO18 4ST. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
65, Summit Way Terraced	Terraced	Jun 2026	904 sq ft £293/sq ft	904 sq ft	£293	£264,550
18, Summit Way Terraced	Terraced	Jan 2026	872 sq ft £295/sq ft	872 sq ft	£295	£257,000
60, Summit Way Terraced	Terraced	Jul 2024	926 sq ft £248/sq ft	926 sq ft	£248	£230,000
63, Summit Way Terraced	Terraced	Jun 2023	980 sq ft £240/sq ft	980 sq ft	£240	£235,000
4, Summit Way Flat / maisonette	Flat / maisonette	Apr 2023	474 sq ft £260/sq ft	474 sq ft	£260	£123,000
64, Summit Way Terraced	Terraced	Apr 2023	936 sq ft £267/sq ft	936 sq ft	£267	£250,000
1, Summit Way Flat / maisonette	Flat / maisonette	Apr 2023	474 sq ft £346/sq ft	474 sq ft	£346	£164,000
12, Summit Way Semi-detached	Semi-detached	May 2022	484 sq ft £314/sq ft	484 sq ft	£314	£152,000