# 2 bedroom maisonette for sale (SO50 5QJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15, CHATFIELD HOUSE, 428, SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE SO50 5QJ |
| Price | £195,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £195,000 Dec 2022 |

## 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.

## Property Photos

- ![872009 (1).jpg](/listings/photos/125178338/557982) - 872009 (1).jpg
- ![872009 (2).jpg](/listings/photos/125178338/557983) - 872009 (2).jpg
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- ![872009 (5).jpg](/listings/photos/125178338/557992) - 872009 (5).jpg
- ![872009 (15).jpg](/listings/photos/125178338/557996) - 872009 (15).jpg
- ![872009 (7).jpg](/listings/photos/125178338/558003) - 872009 (7).jpg
- ![872009 (16).jpg](/listings/photos/125178338/558008) - 872009 (16).jpg
- ![872009 (9).jpg](/listings/photos/125178338/558012) - 872009 (9).jpg
- ![872009 (6).jpg](/listings/photos/125178338/558015) - 872009 (6).jpg
- ![872009 (8).jpg](/listings/photos/125178338/558018) - 872009 (8).jpg
- ![872009 (11).jpg](/listings/photos/125178338/558021) - 872009 (11).jpg

## Floorplans

- ![872009 L.jpg](/listings/photos/125178338/558024) - 872009 L.jpg

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/125178338/558025) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| CHATFIELD HOUSE, 428 15 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ | £195,000 | 16/12/2022 | 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 |
|---------|-------|------|------|
| 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)

## Price vs local average

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

- **Local average:** £211,108 (30 Flat, SO50, 2024–2026)
- **Deviation:** -7.6%

## 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):** £873/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 |
|------|------|------|------|------|
| 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)**

## 1% Rule

- **Rent ratio:** 0.56% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*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 £1,100/mo).*

- **Gross yield:** 6.8%
- **Cost-to-rent:** 14.8×
- **Monthly cashflow:** £197/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.2%

*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:** 1.9%
- **10y growth:** 20.4%

## 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)