# 1 bedroom ground floor flat for sale (SO31 5JS)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 3, HOUND MANOR, HOUND ROAD, SOUTHAMPTON, NETLEY ABBEY, HAMPSHIRE SO31 5JS |
| Price | £220,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £210,000 Jun 2025 |

## Description

**INTRODUCTION**

Set within beautiful grounds and forming part of an attractive, Grade II listed manor house, this spacious, one bedroom, ground floor apartment offers a wealth of charm and character, including high ceilings with decorate coving, sash windows, an inglenook fireplace and ceiling roses.

The well-presented accommodation comprises a generous lounge with electric wood burner, fitted kitchen, large double bedroom with fitted wardrobes, and a shower room.

Outside there are well-maintained communal gardens which are mainly laid to lawn, with an area of mature woodland, as well as ample parking in the resident’s carpark.

Additional benefits include a new boiler installed in September 2022.

**LOCATION**

Hound Manor is situated in Netley Abbey and benefits from being conveniently close to both Netley and Hamble village centres, offering a range of shops and amenities, as well as Hamble’s two marinas.

Royal Victoria Country Park is also nearby, which is set in 200 acres, offering wonderful waterside and woodland walks.

**DIRECTIONS**

Upon entering Hound Road from Hamble Lane roundabout, turn immediately left into a private road, signposted ‘Hound Manor’.

**INSIDE**

The entrance hall has doors through to all accommodation, including the spacious lounge which has a window overlooking the rear, a built-in cupboard housing the boiler and a beautiful, inglenook fireplace with inset electric wood burner.

The kitchen has been fitted with a range of wall and base units with a built-in oven with hob and extractor over, as well as appliance space for a fridge/freezer, dishwasher and washing machine.

The large, double bedroom has a window to the front aspect and traditional style, fitted wardrobes either side of the feature fireplace, which has a hidden TV unit which rises from the mantel piece.

The shower room has been fitted with a white suite, comprising a shower cubicle, wash hand basin, WC, extractor fan and a fitted, corner storage cupboard.

**OUTSIDE**

There is a large, residents car park accessed via an ‘in and out’ driveway, providing ample communal parking. The mature grounds have been well-cared for and offer a great degree of privacy, with a combination of lawned gardens and woodland.

**ADDITIONAL INFORMATION**

**Share of Freehold: **90 years remaining on the lease..

**Service charge: **£216.53 pcm (£2598.50 per annum).

**Service charge review date: **Next yearly review due 1st July 2026.

**Ground rent: **£200 per annum.

**BROADBAND**

Ultrafast Full Fibre Broadband is available with download speeds of up to 1800 Mbps and upload speeds of up to 120 Mbps. Information has been provided by the Openreach website.

**SERVICES**

Gas, water, electricity and mains drainage are connected. Please note that none of the services or appliances have been tested by White & Guard.

EPC Rating: D**Disclaimer** 

Buyers: If you have an offer accepted on a property through White & Guard, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks. There is a charge of £30 + VAT for these checks per applicant. Sellers: Upon receipt of instructions to act in the selling of your home, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks. There is a charge of £30 + VAT per owner

## Property Photos

- ![Photo](/listings/photos/171456491/1217848)
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## Floorplans

- ![All](/listings/photos/171456491/1217861) - All

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| HOUND MANOR FLAT 3 HOUND ROAD, NETLEY ABBEY, SOUTHAMPTON, EASTLEIGH, HAMPSHIRE, SO31 5JS | £210,000 | 06/06/2025 | Flat |
| HOUND MANOR FLAT 3 HOUND ROAD, NETLEY ABBEY, SOUTHAMPTON, EASTLEIGH, HAMPSHIRE, SO31 5JS | £175,000 | 21/06/2019 | Flat |
| HOUND MANOR FLAT 3 HOUND ROAD, NETLEY ABBEY, SOUTHAMPTON, EASTLEIGH, HAMPSHIRE, SO31 5JS | £157,000 | 08/01/2016 | Flat |
| HOUND MANOR FLAT 3 HOUND ROAD, NETLEY ABBEY, SOUTHAMPTON, EASTLEIGH, HAMPSHIRE, SO31 5JS | £94,000 | 28/09/2001 | 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 |
|---------|-------|------|------|
| [Same street] HOUND MANOR FLAT 10 HOUND ROAD, NETLEY ABBEY, SOUTHAMPTON, EASTLEIGH, HAMPSHIRE, SO31 5JS | £240,000 | 31/08/2022 | Flat |
| [Same street] HOUND MANOR FLAT 4 HOUND ROAD, NETLEY ABBEY, SOUTHAMPTON, EASTLEIGH, HAMPSHIRE, SO31 5JS | £202,000 | 16/12/2021 | Flat |
| [Same street] HOUND MANOR FLAT 8 HOUND ROAD, NETLEY ABBEY, SOUTHAMPTON, EASTLEIGH, HAMPSHIRE, SO31 5JS | £225,000 | 24/09/2021 | Flat |

**Street average:** £222,333 (3 sales)

## Price vs local average

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

- **Local average:** £223,783 (30 Flat, SO31, 2024–2026)
- **Deviation:** -1.7%

## Rental Range

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

- **Low:** £1,089/mo
- **Realistic:** £1,210/mo
- **Optimistic:** £1,331/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £698/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 |
|------|------|------|------|------|
| Studio Flat, Netley Abbey, SO31 | £649/mo | 1 | 0.58 miles | OpenRent |
| 1 Bed Flat, Portsmouth Road, SO31 | £875/mo | 1 | 1.19 miles | OpenRent |

**Average rent: £762/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.35% (weak for cashflow)
- **Max investor price (0.8%):** £95,250
- **Target investor price (1%):** £76,200

*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 £762/mo).*

- **Gross yield:** 4.2%
- **Cost-to-rent:** 24.1×
- **Monthly cashflow:** £-206/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.9%

*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:** 10.6%
- **10y growth:** 22.2%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -4.1%
- **5y growth (index):** -2.8%
- **10y growth (index):** 8.5%

## 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)