The Parkway, Southampton, SO16

£475,000
For Sale
40 The Parkway, Southampton, Southampton, SO16 3PQ

Overview

2 Bathrooms
5 Bedrooms
Tenure Type: Freehold
1 Receptions
Council Band: E

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Features

Property Features

  • High Yield Investment
  • Fully Tenanted Until June 2026
  • Spacious 5-Bedroom Accommodation
  • Prime Student Location
  • HMO Compliance
  • Attractive for Student Tenants
  • Freehold
  • Large Communal Areas
  • Single Garage

Description

Ref 9af1ccad-f337-4951-b390-17d9ca3b4f65

Full Details

This spacious 5-bedroom HMO property offering comfortable living for student tenants in a prime location close to the University of Southampton. This well-maintained home features generous living spaces across two floors, making it an excellent investment opportunity.

Ground Floor:

As you enter the property, you are greeted by a welcoming hallway leading to the ground floor double bedroom – a good-sized room ideal for student accommodation. The modern kitchen diner is fully equipped with contemporary appliances and offers ample space for dining and socialising. The large lounge/diner is perfect for communal living, featuring French doors that open out onto the patio in the spacious rear garden, providing a great space for outdoor relaxation and entertainment.

First Floor:

Upstairs, you’ll find 4 well-proportioned double bedrooms, each offering ample space and natural light. The spare room/study provides additional flexibility for tenants who may need a quiet space for study or storage. The first floor also features a main bathroom, a separate shower room, and a WC, ensuring plenty of facilities to accommodate all tenants comfortably.

The home also benefits from a single garage and driveway, providing off-road parking and additional storage space, while the large rear garden with patio and greenhouse adds to the appeal, providing a pleasant outdoor area for tenants to enjoy.

With its well-thought-out layout, ideal student-friendly features, and proximity to the University of Southampton, The property presents a strong investment opportunity for those looking to capitalise on the student rental market.

The property is currently tenanted up until the 27th of June 2026, the property is achieving £2500.00 per calendar month, The yield for the property is approximately 6.32%.

Kitchen/ Diner 21' 3" x 9' 4" (6.47m x 2.84m)
The Kitchen/Diner, New kitchen fitted in the end of 2020, offers a stylish and functional space for both cooking and dining. Equipped with contemporary appliances and plenty of storage, it provides a perfect setting for students to prepare meals and enjoy communal dining. The open layout creates a welcoming and practical area for everyday living.

Lounge/ Diner 19' 0" x 14' 6" (5.80m x 4.42m)
The large Lounge/Diner is a bright and spacious room, perfect for communal living. With plenty of room for relaxation and socialising, it features French doors that open directly onto the patio in the rear garden, creating a seamless indoor-outdoor flow. This versatile space is ideal for both unwinding and entertaining, offering a great environment for students to enjoy their time at home.

Bedroom One 12' 9" x 11' 8" (3.89m x 3.55m)
The ground floor double bedroom is a generously sized room, offering a comfortable and private space for tenants. Conveniently located on the ground floor, it provides easy access and is ideal for those seeking a quieter living area. With ample natural light and space for furniture, it creates a welcoming environment for students.

Bedroom Two 11' 11" x 10' 7" (3.63m x 3.23m)
Bedroom Two is a spacious and inviting large double bedroom, perfect for relaxation and rest. With ample room for a king-sized bed, it offers a comfortable and peaceful atmosphere. Ideal for those seeking a generous space to unwind, it features plenty of natural light, enhancing the warm and airy feel.

Main Bathroom 7' 2" x 5' 9" (2.19m x 1.75m)
The bathroom features a relaxing bath with an overhead shower, offering flexibility for a quick refresh or a long soak. It also includes a sleek sink, providing convenience and functionality in a stylish space. Perfect for both comfort and practicality.

Bedroom Three 12' 10" x 8' 4" (3.92m x 2.53m)
This double bedroom is both practical and stylish, featuring a built-in wardrobe that maximises storage space while keeping the room tidy. It offers plenty of room for a comfortable bed, making it a perfect blend of convenience and relaxation.

Bedroom Four
This cosy double bedroom offers a comfortable space, perfect for rest and relaxation. With enough room for a double bed, it provides a peaceful retreat with a welcoming atmosphere. Ideal for those seeking a simple, yet comfortable, living space.

Shower Room 7' 1" x 5' 0" (2.16m x 1.52m)
The shower room is a practical and functional space, featuring a reliable shower for a refreshing experience. It provides a comfortable and straightforward atmosphere, perfect for daily use.

Bedroom Five 10' 1" x 9' 11" (3.07m x 3.03m)
This double bedroom in a student home offers a cosy and comfortable space, ideal for studying and relaxing. With plenty of room for a double bed, it provides a peaceful retreat after a busy day. Perfect for students seeking a quiet and convenient living space.

WC 5' 1" x 2' 9" (1.54m x 0.83m)
The WC is a compact and functional space, offering all the essentials for convenience. Simple yet efficient, it provides a practical solution for daily use in the home.

Spare Room 9' 1" x 7' 3" (2.77m x 2.20m)
This spare room is currently being used as a versatile space, offering the option to function as a bedroom or a study. It provides flexibility, with enough room for a bed, desk, or additional furniture, making it perfect for both relaxation and productivity.

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