# 3 bedroom apartment for sale (SO15 2HP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 40A, CARLTON ROAD, SOUTHAMPTON, SOUTHAMPTON SO15 2HP |
| Price | £200,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 75 m² |
| Last sold | £170,000 May 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 12/06/2034
- **Current heating cost:** £852/year
- **Est. upgrade cost to C:** £7,000

### Recommendations
- B (£500 - £1,500)
- W1 (£800 - £1,200)
- W2 (£4,000 - £6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0330-2077-7360-2294-4931)

## Description

*** Owner Occupier ONLY ***

Located in a sought-after area, this charming period ground floor apartment offers a unique opportunity for those seeking a comfortable and convenient living space. Boasting three well-proportioned bedrooms, this property is ideal for families or professionals looking for ample living space. The apartment features a lovely garden, perfect for relaxing or entertaining guests, as well as convenient off-street parking. With a spacious layout and natural light streaming in through large windows, this property exudes a warm and inviting atmosphere. The well-equipped kitchen and modern bathroom add to the appeal of this delightful home. Situated in a desirable neighbourhood with easy access to local amenities and transportation links, this property offers a perfect blend of comfort and convenience. Don't miss out on the chance to make this wonderful apartment your new home.

"These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.

Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection

## Property Photos

- ![Picture No. 09](/listings/photos/156379094/522089) - Picture No. 09
- ![Picture No. 05](/listings/photos/156379094/522092) - Picture No. 05
- ![Picture No. 03](/listings/photos/156379094/522098) - Picture No. 03
- ![Picture No. 06](/listings/photos/156379094/522101) - Picture No. 06
- ![Picture No. 02](/listings/photos/156379094/522111) - Picture No. 02
- ![Picture No. 04](/listings/photos/156379094/522121) - Picture No. 04
- ![Picture No. 08](/listings/photos/156379094/522125) - Picture No. 08
- ![Picture No. 10](/listings/photos/156379094/522131) - Picture No. 10
- ![Picture No. 07](/listings/photos/156379094/522139) - Picture No. 07
- ![Picture No. 11](/listings/photos/156379094/522143) - Picture No. 11

## Floorplans

- ![Floorplan](/listings/photos/156379094/522150) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/156379094/522154) - EPC Rating Graph

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #14465300
- **Address:** 40a Carlton Road, SOUTHAMPTON, SO15 2HP
- **Certificate Issued:** 28/02/2021
- **Work Completed:** 09/02/2021
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 40A CARLTON ROAD, SOUTHAMPTON, SO15 2HP | £170,000 | 20/05/2025 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| BANISTER GRANGE FLAT 5 BANISTER ROAD, SOUTHAMPTON, SO15 2JN | £200,000 | 22/12/2025 | Flat |
| 85 JAMES WELD CLOSE, SOUTHAMPTON, SO15 2YA | £208,000 | 01/09/2025 | Flat |
| 16A CARLTON ROAD, SOUTHAMPTON, SO15 2HQ | £131,000 | 24/01/2025 | Flat |
| ST ANNES GATE, 20 FLAT 4 ARCHERS ROAD, SOUTHAMPTON, SO15 2NT | £220,000 | 10/11/2023 | Flat |
| BANISTER GRANGE FLAT 11 BANISTER ROAD, SOUTHAMPTON, SO15 2JN | £155,000 | 23/10/2023 | Flat |
| BANISTER GRANGE FLAT 16 BANISTER ROAD, SOUTHAMPTON, SO15 2JN | £195,000 | 11/10/2023 | Flat |
| 60 SUTTONES PLACE, SOUTHAMPTON, SO15 2SJ | £135,000 | 25/08/2023 | Flat |
| BANISTER GRANGE FLAT 19 BANISTER ROAD, SOUTHAMPTON, SO15 2JN | £190,000 | 26/07/2023 | Flat |
| [Same street] 38A CARLTON ROAD, SOUTHAMPTON, SO15 2HP | £282,000 | 07/07/2023 | Other |
| 10 FLAT 3 ARCHERS ROAD, SOUTHAMPTON, SO15 2YD | £295,000 | 22/06/2023 | Flat |
| 10 FLAT 11 ARCHERS ROAD, SOUTHAMPTON, SO15 2YD | £238,000 | 17/03/2023 | Flat |
| BANISTER GRANGE FLAT 19 BANISTER ROAD, SOUTHAMPTON, SO15 2JN | £165,000 | 16/03/2023 | Flat |
| 19 JAMES WELD CLOSE, SOUTHAMPTON, SO15 2SW | £156,000 | 07/11/2022 | Flat |
| 38 SUTTONES PLACE, SOUTHAMPTON, SO15 2SJ | £140,000 | 31/10/2022 | Flat |
| 40 SUTTONES PLACE, SOUTHAMPTON, SO15 2SJ | £127,500 | 21/10/2022 | Flat |
| 6 FLAT 7 ARCHERS ROAD, SOUTHAMPTON, SO15 2UE | £227,500 | 14/10/2022 | Flat |
| ST ANNES GATE, 20 FLAT 17 ARCHERS ROAD, SOUTHAMPTON, SO15 2NT | £159,950 | 12/10/2022 | Flat |
| BANISTER GATE, 19 FLAT 20 ARCHERS ROAD, SOUTHAMPTON, SO15 2NR | £255,000 | 16/09/2022 | Flat |
| 41 JAMES WELD CLOSE, SOUTHAMPTON, SO15 2SW | £240,000 | 26/08/2022 | Flat |
| 10 FLAT 34 ARCHERS ROAD, SOUTHAMPTON, SO15 2YD | £145,000 | 24/08/2022 | Flat |
| LOCKSLEY COURT, 24 - 26 FLAT 3 ARCHERS ROAD, SOUTHAMPTON, SO15 2LE | £175,000 | 24/08/2022 | Flat |
| [Same street] 50 CARLTON ROAD, SOUTHAMPTON, SO15 2HP | £425,000 | 01/08/2022 | Semi-detached |
| [Same street] 40 TOP FLOOR FLAT CARLTON ROAD, SOUTHAMPTON, SO15 2HP | £112,500 | 25/03/2022 | Flat |

**Street average:** £273,167 (3 sales)
**Area average:** £187,898 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £157,946 (57 Flat, SO15, 2024–2026)
- **Deviation:** +26.6%

## Rental Range

*ONS Price Index of Private Rents (Southampton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,123/mo
- **Realistic:** £1,248/mo
- **Optimistic:** £1,373/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cherwell Valley (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,182/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Flat, Grosvenor Square, SO15 | £3,330/mo | 3 | 0.35 miles | OpenRent |

**Average rent: £3,330/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.67% (strong)
- **Max investor price (0.8%):** £416,250
- **Target investor price (1%):** £333,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £3,330/mo).*

- **Gross yield:** 20%
- **Cost-to-rent:** 5×
- **Monthly cashflow:** £2,184/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 45.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,667/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 23.6%
- **10y growth:** 8.6%

## House Price Index (HM Land Registry)

*Official index for Southampton; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4.2%
- **5y growth (index):** 2.6%
- **10y growth (index):** 17%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)