1/31

£375,000

Offers in excess of

5 bed house for sale Magpie Lane, Eastleigh

5 beds 3 baths House

Freehold

Added on 16/09/2026

About this property

Suitable as an HMO Investment or for Owner Occupation Situated on Magpie Lane in Eastleigh, this mid-terraced property is currently arranged and occupied as a House in Multiple Occupation (HMO), but is being offered to both investment purchasers and buyers looking to occupy the property as their own home. The accommodation is arranged to provide multiple bedrooms together with shared living facilities, offering a flexible layout for continued HMO use or future owner occupation, subject to the existing tenancy arrangements and vacant possession being obtained where required. The property is currently managed by our lettings team and can be purchased with the existing tenancy arrangements in place.

Key features

Existing HMO property
Located on Magpie Lane
Currently arranged for multiple occupancy
Established rental property
Shared facilities for occupants
Currently managed by our lettings team
Existing tenancy arrangements where applicable
Access to local shops and amenities
Transport links to Eastleigh and surrounding areas
HMO licence and rental information available on request

Floorplan

Location

Magpie Lane, Eastleigh, SO50 9LR

Open map Street View

Council tax: Band D (Approx £2,342/year)

Mortgage and stamp duty

Property price £375,000

£187k £563k

Deposit10% £38,000

£0 £375k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £337,000 mortgage. Most lenders would want a household income of about £75,000 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 SO50 9LR. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
11, Magpie Lane Semi-detached	Semi-detached	Feb 2022	1,023 sq ft £323/sq ft	1,023 sq ft	£323	£330,000
11, Magpie Lane Semi-detached	Semi-detached	May 2017	1,023 sq ft £282/sq ft	1,023 sq ft	£282	£288,000
1a, Magpie Lane Detached	Detached	Dec 2013	581 sq ft £490/sq ft	581 sq ft	£490	£285,000
31, Magpie Lane Terraced	Terraced	Nov 2013	—	—	—	£215,500
37, Magpie Lane Terraced	Terraced	Jan 2012	1,496 sq ft £160/sq ft	1,496 sq ft	£160	£240,000
35, Magpie Lane Terraced	Terraced	Jul 2011	1,399 sq ft £172/sq ft	1,399 sq ft	£172	£240,000
39, Magpie Lane Terraced · new build	Terraced · new build	Apr 2010	—	—	—	£245,000
29, Magpie Lane Semi-detached · new build	Semi-detached · new build	Jul 2009	—	—	—	£195,000