2 bedroom semi detached for sale

£315,000 Guide Price

2

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Welcome to Simon Way!Discover an exceptional famile homw where style, space and flexibility combine. Offered to the market with no forward chain, this beautifully presented semi-detached home is nestled within a sought-after neighbourhood in Southamptons SO18 postcode, enjoying both a quiet residential position and outstanding connections to the wider city.

Step inside to find an inviting bay-fronted lounge, perfect for cosy evenings or entertaining friends in comfort. To the rear, the home opens up into a remarkable open-plan kitchen, dining/family room a contemporary space filled with natural light and enhanced by bi-fold doors leading directly to the enclosed rear garden. Whether you are hosting family get-togethers, enjoying daily life, or simply unwinding, this adaptable space caters for every occasion.

Upstairs, two generously sized double bedrooms provide superb accommodation, complimented by a luxurious four-piece family bathroom finished with a sleek, modern touch. There is also genuine potential to reconfigure the current layout to create a third bedroom or an office (being a 3 bed formally) making this an ideal choice for growing families or those seeking a dedicated work-from-home space.

Practicality is at the heart of this home, with impressive off-road parking, a carport and garage a rare feature that ensures everyday convenience for the busy household with scope for home gym, office or games room.

The location could not be better. Simon Way is set within an established residential area renowned for its friendly community and excellent amenities. Retail highlight is Hedge End Retail Park just 1.2 miles away which offers a superb range of major stores including Sainsbury's, Marks & Spencer, and a host of other well-known retailers, making the weekly shop effortlessly convenient.

Families are particularly well catered for with reputable local primary schools, including Thornhill Primary and Kanes Hill Primary, both within easy reach. For leisure and outdoor enthusiasts, Riverside Park along the picturesque River Itchen offers scenic riverside walks, cycling paths, and open spaces the perfect setting for weekend relaxation or active family time.

Commuters benefit from effortless access into Southampton City Centre thanks to regular local bus services, with Southampton Central railway station offering fast rail connections to London Waterloo, Winchester and beyond. The nearby M27 also provides quick access across Hampshire and the South Coast.

This is a rare opportunity to secure a turn-key family home offering immaculate accommodation, flexible living, and an enviable location. Early viewing is strongly recommended to fully appreciate all that this outstanding property has to offer. Book your appointment today to experience Simon Way for yourself.

Features
  • Freehold

Nearest Stations:

1.96 miles
Sholing
1.97 miles
Hedge End
2.12 miles
Bitterne
2.32 miles
Bursledon
2.33 miles
Woolston

Map location is not available for this property.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 262575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 26325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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