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£275,000
Offers Over

3 bed house for sale The Drive, Totton, SOUTHAMPTON

3 beds 1 bath Terraced house
Freehold

Added on 16/09/2026

About this property

Ideal investment opportunity being sold with tenants in situ - three bedroom house in the popular area of Hounsdown, let to tenants paying £1,350pcm and therefore offering a gross yield in excess of 5%. Please call for further information on 02380 862243. INVESTMENT OPPORTUNITY being sold with tenants in situ - three bedroom house in the popular area of Hounsdown, let to tenants paying £1,350pcm and therefore offering a gross yield in excess of 5%.

Key features

  • Let Investment Opportunity
  • Tenants Paying £1350pcm
  • Dual aspect lounge/dining room
  • Rewired throughout
  • NO ONWARD CHAIN

Floorplan

Location

The Drive, Totton, SOUTHAMPTON, SO40 9EN

Council tax
Band D (Approx £2,420/year)

Mortgage and stamp duty

Property price £275,000
£137k £413k
Deposit10% £28,000
£0 £275k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £247,000 mortgage. Most lenders would want a household income of about £55,000 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 SO40 9EN. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
72, The Drive TerracedMar 2025797 sq ft £317/sq ft£252,500
48, The Drive TerracedDec 2024980 sq ft £198/sq ft£194,000
52, The Drive TerracedJan 2023840 sq ft £331/sq ft£278,000
62, The Drive TerracedDec 2022786 sq ft £290/sq ft£228,000
58, The Drive TerracedFeb 2020807 sq ft £269/sq ft£217,000
54, The Drive TerracedMar 20191,485 sq ft £148/sq ft£220,000
74, The Drive TerracedOct 2016797 sq ft £254/sq ft£202,500
72, The Drive TerracedJul 2016797 sq ft £245/sq ft£195,000

All sales on The Drive → All sold prices in Southampton →

Area insights

The neighbourhood around this property.

Marketed by
William H. Brown, Totton
4 Water Lane, SOUTHAMPTON, Hampshire
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