# 4 bedroom block of apartments for sale (SO50 5EW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 47A, WILMER ROAD, EASTLEIGH, HAMPSHIRE SO50 5EW |
| Price | £360,000 |
| Bedrooms | 4 |
| Council tax | B |
| Last sold | £380,000 Oct 2025 |

## Description

**SUMMARY**

AUCTION SALE 09 September 2025 - > End terrace property comprising 1 x 2 bed and 2 x 1 bed self contained flats > Part let at £18,540 PA increasing to £20,340 PA in September > Potential rent when fully let circa £29,940 PA

**DESCRIPTION**

*** TO BE SOLD BY PUBLIC AUCTION ON 9th SEPTEMBER 2025 AT THE GRAND CONNAUGHT ROOMS, 61 - 65 GREAT QUEEN STREET, LONDON, WC2B 5DA (Online bidding available) ***

Tenure

Freehold

Location

This property is located within walking distance of Eastleigh town centre which offers a wide range of dining, leisure and shopping amenities to include The Swan Centre and Vue Cinema. Public transport links include Eastleigh mainline train station which is also walking distance, offering links to London

Waterloo and regular bus services passing along Southampton Road.

Description

This end of terrace property has been extended and converted into 3 self contained apartments, each of which are in good condition and comprises of a ground floor two bedroom garden flat and 2 x one bedroom first floor flats, each with parking. The property is currently part let at £20,340 PA with the vacant flat rental estimation at circa £800 pcm.

Accommodation

Ground Floor: Flat A (65 sqm) – Accessed via front of building. Open Plan Living Room/Dining Room/Kitchen, Bedroom One, Bedroom Two, Bathroom.

Outside: Rear garden with parking to front.

Ground Floor: Flats B & C – Accessed from to side of building. Communal Entrance Door/Hallway with Stairs to First Floor.

First Floor: Flat B (30 sqm) – Open Plan Living Room/Kitchen, Bathroom, Bedroom.

Flat C (30 sqm) – Open Plan Living Room/Kitchen, Bathroom, Bedroom.

Outside: Shingled parking area to rear of the building accessed via rear service road off Grantham Road.

Tenancy Details

The flats are let at the following rents: Flat A - £895 pcm increasing to £995 pcm on 18th September. Flat B - £650 pcm increasing to £700 pcm on 15th September. Flat C – Vacant. Potential rent circa £800 pcm. Buyers are advised to satisfy all enquiries regarding the status of the tenancies, prior to bidding.

EPC

All flats – C

Council Tax Band

Flat A – B. Flats B & C - A

Important Notice:

For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Fox & Sons/Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.

Whilst Fox & Sons make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

## Property Photos

- ![Photo](/listings/photos/165867821/557728)
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- ![Photo](/listings/photos/165867821/557732)
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- ![Photo](/listings/photos/165867821/557768)
- ![Photo](/listings/photos/165867821/557771)

## Floorplans

- ![Floorplan 1](/listings/photos/165867821/557776) - Floorplan 1
- ![Floorplan 2](/listings/photos/165867821/557782) - Floorplan 2

## EPC Graphs

- ![EPC](/listings/photos/165867821/557788) - EPC

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 47A WILMER ROAD, EASTLEIGH, HAMPSHIRE, SO50 5EW | £380,000 | 07/10/2025 | Terraced |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 69 DRUM ROAD, EASTLEIGH, HAMPSHIRE, SO50 5ST | £120,000 | 30/10/2025 | Flat |
| [Same street] 11 WILMER ROAD, EASTLEIGH, HAMPSHIRE, SO50 5EW | £181,000 | 23/06/2025 | Terraced |
| 4 HODDINOTT ROAD, EASTLEIGH, HAMPSHIRE, SO50 5SN | £150,000 | 30/11/2023 | Flat |
| 60 HODDINOTT ROAD, EASTLEIGH, HAMPSHIRE, SO50 5SN | £192,000 | 10/11/2023 | Flat |
| 69 HODDINOTT ROAD, EASTLEIGH, HAMPSHIRE, SO50 5SN | £97,500 | 08/09/2023 | Flat |
| THE ORCHARD, 114 FLAT 15 CHAMBERLAYNE ROAD, EASTLEIGH, HAMPSHIRE, SO50 5TH | £185,000 | 19/05/2023 | Flat |
| THE ORCHARD, 114 FLAT 4 CHAMBERLAYNE ROAD, EASTLEIGH, HAMPSHIRE, SO50 5TH | £190,000 | 06/04/2023 | Flat |
| [Same street] 49 WILMER ROAD, EASTLEIGH, HAMPSHIRE, SO50 5EW | £330,000 | 26/01/2023 | Terraced |
| 29 BLENHEIM ROAD, EASTLEIGH, HAMPSHIRE, SO50 5JU | £210,000 | 20/12/2022 | Flat |
| 46 HODDINOTT ROAD, EASTLEIGH, HAMPSHIRE, SO50 5SN | £150,250 | 30/11/2022 | Flat |
| 165A CHAMBERLAYNE ROAD, EASTLEIGH, HAMPSHIRE, SO50 5JG | £172,500 | 29/11/2022 | Flat |
| 110A NUTBEEM ROAD, EASTLEIGH, HAMPSHIRE, SO50 5JT | £160,000 | 07/11/2022 | Flat |
| 61 DRUM ROAD, EASTLEIGH, HAMPSHIRE, SO50 5ST | £175,000 | 28/10/2022 | Flat |
| 47 HODDINOTT ROAD, EASTLEIGH, HAMPSHIRE, SO50 5SN | £172,000 | 27/10/2022 | Flat |
| 28 CABLE STREET, EASTLEIGH, HAMPSHIRE, SO50 5SH | £220,000 | 09/09/2022 | Flat |
| 5 WILLIAM PANTER COURT, EASTLEIGH, HAMPSHIRE, SO50 5GL | £158,000 | 31/08/2022 | Flat |
| 21 DRUM ROAD, EASTLEIGH, HAMPSHIRE, SO50 5ST | £188,000 | 26/08/2022 | Flat |
| 110 GROUND FLOOR FLAT NUTBEEM ROAD, EASTLEIGH, HAMPSHIRE, SO50 5JT | £160,000 | 20/06/2022 | Flat |
| 69 CHAMBERLAYNE ROAD, EASTLEIGH, HAMPSHIRE, SO50 5JJ | £206,000 | 01/06/2022 | Flat |
| 69A CHAMBERLAYNE ROAD, EASTLEIGH, HAMPSHIRE, SO50 5JJ | £217,000 | 01/06/2022 | Flat |
| 35 BLENHEIM ROAD, EASTLEIGH, HAMPSHIRE, SO50 5JU | £197,000 | 27/05/2022 | Flat |
| 27A DRUM ROAD, EASTLEIGH, HAMPSHIRE, SO50 5ST | £215,000 | 28/04/2022 | Flat |
| [Same street] 5 WILMER ROAD, EASTLEIGH, HAMPSHIRE, SO50 5EW | £260,000 | 28/01/2022 | Terraced |
| [Same street] 13 WILMER ROAD, EASTLEIGH, HAMPSHIRE, SO50 5EW | £283,000 | 17/12/2021 | Terraced |

**Street average:** £263,500 (4 sales)
**Area average:** £176,763 (20 sales)

## Price vs local average

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

- **Local average:** £211,108 (30 Flat, SO50, 2024–2026)
- **Deviation:** +70.5%

## Rental Range

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

- **Low:** £1,087/mo
- **Realistic:** £1,208/mo
- **Optimistic:** £1,329/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £1,446/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 |
|------|------|------|------|------|
| 4 Bed Semi-Detached House, Wilmer Road, SO50 | £2,200/mo | 4 | 0.04 miles | OpenRent |

**Average rent: £2,200/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.61% (weak for cashflow)
- **Max investor price (0.8%):** £275,000
- **Target investor price (1%):** £220,000

*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 £2,200/mo).*

- **Gross yield:** 7.3%
- **Cost-to-rent:** 13.6×
- **Monthly cashflow:** £537/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6.2%

*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).*

## Capital growth trend

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

- **5y growth:** 17.8%
- **10y growth:** -4.8%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -3.7%
- **5y growth (index):** -0.3%
- **10y growth (index):** 11.3%

## 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)
