Sold STC Maisonette

15

CHATFIELD HOUSE, 428, SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE SO50 5QJ

2 beds 2 baths 592 sq ft Listed 20 Jul 2022 (-1426d)

£195,000

Reduced on 8 Nov 2022

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Property details

Tenure

LEASEHOLD

Floor area

55 m²

EPC rating

C

Year built

England and Wales: 2007-2011

Last sold

£195,000 Dec 2022

Price per m²

£3,545/m²

Local average

£211,108 (-7.6%)

Deprivation

Decile 6 (17,744 of 33,755)

Street crime

216 incidents within 1 mile (Apr 2026)

Key features

  • Two-bedroom maisonette
  • Ground floor
  • Open-plan accommodation
  • Allocated parking
  • Superb first time buy or investment opportunity
  • No forward chain

Additional details

Parking
Yes

Description

A particularly stylish two-bedroom maisonette situated on the ground floor within a modern development and within walking distance of Eastleigh centre and commuter. Unlike other properties in the development this home not only offers modern fittings, stylish decor and great space but also it's on private entrance. On walking into the home you will notice that the property has been maintained to an excellent standard, with the welcoming entrance guides you through to the main living accommodation. The open plan style kitchen/sitting/dining room is a great space to retreat to with contemporary decor and a cosy feel. The kitchen provides everything you need with ample cupboards, space for white goods and a sleek neutral finish. The two bedrooms are both double rooms benefitting from fitted storage, with the principal bedroom boasting an ensuite shower room. Externally the home also benefits from allocated parking. This property is further offered for sale with no forward chain.

Council Tax Band B

TENURE
Leasehold
Unexpired Years: 111
Annual Ground Rent: £200
Annual Service Charge: £552.52 for 2022 (variable)
Ground Rent Increase: TBC
Ground Rent Review Period: TBC
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.

Eastleigh is a small town which lies on the River Itchen between Winchester and Southampton. It offers a good range of shops, as well as leisure and entertainment facilities. It is ideally located to provide convenient access to Winchester and Southampton. There is a nearby railway station providing direct access to London Waterloo, Winchester and Southampton. Communications are excellent with the M3 and M27 within easy reach.

Listed by

Chandlers Ford

The Lomond Group

Reference: 125178338

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 14/09/2018

Expiry date: 13/09/2028

Current heating cost: £176/year

Potential heating cost: £181/year

Est. upgrade cost to C: £70

Recommendations

  • Low energy lighting for all fixed outlets (£70)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

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EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Sold 16/12/2022 (3 years ago) £195,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
28 OVINGTON GARDENS, EASTLEIGH, HAMPSHIRE, SO50 5FZ £230,000 15/12/2023 Flat
324A SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QH £118,000 14/07/2023 Flat
Same street 426A SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ £135,000 12/05/2023 Flat
Same street CHATFIELD HOUSE, 428 10 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ £130,000 15/07/2022 Flat
21 CHESTNUT AVENUE, EASTLEIGH, HAMPSHIRE, SO50 5AJ £315,000 14/04/2022 Flat
54 SOMERS WAY, EASTLEIGH, HAMPSHIRE, SO50 5RY £268,000 08/04/2022 Flat
Same street CHATFIELD HOUSE, 428 22 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ £180,000 11/03/2022 Flat
Same street CHATFIELD HOUSE, 428 8 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ £138,000 28/01/2022 Flat
47 SOUTH STREET, EASTLEIGH, HAMPSHIRE, SO50 5RP £232,000 24/01/2022 Flat
Same street CHATFIELD HOUSE, 428 24 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ £188,000 07/01/2022 Flat
74A DONCASTER ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QN £169,000 19/11/2021 Flat
324A GROUND FLOOR FLAT SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QH £161,000 13/08/2021 Flat

Street average: £154,200 (5 sales)

Area average: £213,286 (7 sales)

Capital growth trend

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

5y growth 1.9%
10y growth 20.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Eastleigh. Series: Flats and maisonettes. As of March 2026.

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

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: ABRI GROUP LIMITED (8537)

Rental Range

Estimated market rent for Eastleigh. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,087/mo
Realistic £1,208/mo
Optimistic £1,329/mo

Based on Local Authority from postcode lookup → Eastleigh.

LHA (30th percentile) floor for Southampton: £873/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SO50 5QJ

Address

428 Southampton Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop York Road 0.1 miles
Bus stop Lakeside Country Park 0.2 miles
Shop Talking Heads 0.2 miles
Shop Dosanjh Convenience Store 0.3 miles
Train station Station 0.3 miles
Train station Monks Brook Halt 0.5 miles
University Boldrewood Innovation Campus 2.5 miles
Hospital Royal South Hants Urgent Treatment Centre 3.5 miles
University South Academic Block 3.8 miles
Hospital Royal Hampshire County Hospital 7.3 miles

Street-level crime

Category Count
Violence and sexual offences 101
Anti-social behaviour 26
Shoplifting 18
Criminal damage and arson 16
Public order 11
Burglary 10
Other theft 10
Drugs 7
Vehicle crime 7
Bicycle theft 5
Other crime 3
Possession of weapons 2
Total incidents 216

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Cherbourg Primary School Primary 0.4 miles Good — 25 Jun 2023
Barton Peveril Sixth Form College Other 0.5 miles — (No rating)
Stoneham Park Primary Academy Primary 0.7 miles Good — 19 Mar 2023
Norwood Primary & Pre-School Primary 0.8 miles — (Inspected (no overall grade))
The Crescent Primary School Primary 0.9 miles Good — 22 Mar 2018

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
2 Bed Flat, Southampton Road, SO50 £1,100/mo 2 0.01 miles OpenRent
2 Bed Flat, Doncaster Road, SO50 £1,100/mo 2 0.06 miles OpenRent
2 Bed Flat, Derby Road, SO50 £1,100/mo 2 0.44 miles OpenRent
2 Bed Terraced House, Campbell Road, SO50 £1,450/mo 2 0.47 miles OpenRent
2 Bed Flat, Grantham Road, SO50 £1,195/mo 2 0.55 miles OpenRent

Average rent: £1,189/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 8.2% gross yield avg £161,000 sale, £1,100/mo rent
Rent ratio 0.56%
Max investor price (0.8%) £137,500
Target investor price (1%) £110,000
Gross yield 6.8%
Cost-to-rent ratio 14.8×
Monthly cashflow £197/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 4.2%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).