PROPERTY SOURCING IN SOUTHAMPTON
Are you looking for a great property deal in the Southampton area? We’ve got you covered.
PROPERTY SOURCING IN SOUTHAMPTON
Are you looking for a great property deal in the Southampton area? We’ve got you covered.
Discounted property with high yields
Transparent & honest throughout the process
We’re property experts with years of experience
Investment opportunities tailored to your requirements
IS SOUTHAMPTON A GOOD AREA TO INVEST?
Southampton is actually the UKs largest cruise ship terminal, and a major port – making it an essential location for the economy, this, in turn, creates several jobs in the area.
As well as that, it’s an area that has great amenities with one of the regions largest shopping centres, as well as a large demand for student property due to the large University of Southampton and Southampton Solent University that attract thousands of students every year and importantly for investors, creating a large market for student lets.
Furthermore, it’s attractive to investors due to the extremely high rental demand. Not only is it popular amongst students, there are lots of jobs and professionals in the area, as well as many who commute to London due to it being just short of an hour and a half train journey away.
Investor Opportunities In Southampton
As you might imagine, with the area having a lot to offer, there are a lot of different investment opportunities that come with that. At The Property Sourcing Company, we come across a host of opportunities in the city, and here are just a few investor options we have available:
- Below Market Value Property (BMV)
- Buy To Let Property (BTL)
- Student Property (Lets)
- HMO’s (Houses of Multiple Occupation)
What Yields Can You Expect?
It’s hard to provide you with a yield without knowing what particular property you are looking for, however, we can take a look at Southampton yields as a whole.
The house prices according to Rightmove in 2020 in the Southampton area sit at £258,374. If you then combine that with the average rental figure provided by Home, which currently is £1,099pcm, you get a pretty impressive average of 5.1% yield.
Now, imagine if you could get the property at a great discount below market value!
SOUTHAMPTON HOUSE PRICES
We always recommend that you research the housing price trends in an area if you’re looking to invest, specifically if it’s over a shorter term.
Generally speaking though, Southampton looks like a good place to put your money. According to Rightmove, the average house price in 2020 was up 5% on the previous year and 9% up on the 2018 peak.
AREAS TO OFFER IN SOUTHAMPTON
If you’re interested in investing in property in the Southampton area, then there are a lot of areas within the city to choose from. We’ve narrowed down some of the most popular investor hotspots for you below:
Bassett
Bevois Valley
Bitterne Park
Chartwell Green
City Centre
Freemantle
Harefield
Highfield
Hillyfields
Lordshill
Midanbury
Newtown
Northam
Nursling
Portswood
Regents Park
Shirley
Sholing
St Denys
Swaythling
Thornhill
Townhill Park
West End
Woolston
SOUTHAMPTON HOUSE PRICES
We always recommend that you research the housing price trends in an area if you’re looking to invest, specifically if it’s over a shorter term.
Generally speaking though, Southampton looks like a good place to put your money. According to Rightmove, the average house price in 2020 was up 5% on the previous year and 9% up on the 2018 peak.
AREAS TO OFFER IN SOUTHAMPTON
If you’re interested in investing in property in the Southampton area, then there are a lot of areas within the city to choose from. We’ve narrowed down some of the most popular investor hotspots for you below:
Bassett
Bevois Valley
Bitterne Park
Chartwell Green
City Centre
Freemantle
Harefield
Highfield
Hillyfields
Lordshill
Midanbury
Newtown
Northam
Nursling
Portswood
Regents Park
Shirley
Sholing
St Denys
Swaythling
Thornhill
Townhill Park
West End
Woolston
WHY CHOOSE THE PROPERTY SOURCING COMPANY?
Because we’re the best! A very humble brag, but we have an edge over the competition. We belong to a group of companies that also includes a cash home buyer – so our properties come directly from the source.
Due to this, we get some fantastic property deals, but time is of the essence. If we can pass a lot of these deals on to you, then it means we don’t have to go on the open market, so we’re happy to pass a large amount of the discount on, in return for a quick and efficient sale.
We also want to find you a great deal – but why? Well for us, it isn’t about just selling a single property, we want to do such a good job for our investors that when you inevitably come to expanding your property portfolio, you think of us.
FREQUENTLY ASKED QUESTIONS
Have we not yet answered a particular question you may have had about property investing, or investing in the Southampton area specifically?
Not to worry, feel free to get in touch with us directly and we’d be glad to help, or alternatively, we’ve put together some of our most commonly asked queries and answered them below for you:
If you are wanting to achieve a high yield in the city, it’s definitely one of the best areas in the UK to do so. We discussed the overall average yield based on house prices, and compared to most other places in the UK – it’s pretty high.
Working out yield is pretty straight forward, it’s:
Monthly rental income * 12 / property purchase price = % yield.
If you’ve had a look around our site, or competitor sites, you’ve probably come across the word BMV.
It stands for Below Market Value – and in context it means that you can get a percentage off the property from what it would be priced at on the open market.
That all kind of depends, if you want to buy outright with cash, then you’ll obviously need more.
The alternative however is looking at a buy to let mortgage, or bridging finance. This may mean you can get a property with a low amount of initial capital.
We would however recommend that you have a decent amount saved, just so you’re covered if anything happens in the property whilst the tenant is in, and you can cover the payment(s).
FREQUENTLY ASKED QUESTIONS
Have we not yet answered a particular question you may have had about property investing, or investing in the Southampton area specifically?
Not to worry, feel free to get in touch with us directly and we’d be glad to help, or alternatively, we’ve put together some of our most commonly asked queries and answered them below for you:
If you are wanting to achieve a high yield in the city, it’s definitely one of the best areas in the UK to do so. We discussed the overall average yield based on house prices, and compared to most other places in the UK – it’s pretty high.
Working out yield is pretty straight forward, it’s:
Monthly rental income * 12 / property purchase price = % yield.
If you’ve had a look around our site, or competitor sites, you’ve probably come across the word BMV.
It stands for Below Market Value – and in context it means that you can get a percentage off the property from what it would be priced at on the open market.
That all kind of depends, if you want to buy outright with cash, then you’ll obviously need more.
The alternative however is looking at a buy to let mortgage, or bridging finance. This may mean you can get a property with a low amount of initial capital.
We would however recommend that you have a decent amount saved, just so you’re covered if anything happens in the property whilst the tenant is in, and you can cover the payment(s).
WHY INVEST WITH US?
Simply put, we’ll get you the best possible deal. Our sister company, The Property Buying Company, have been in the property buying industry for years & we have access to all their stock which is at a price point that is ready for investors to buy and make a great return on.
No middlemen, no stress & no hassle. We make investing in property and growing your portfolio as easy as it possibly can be.
WHY INVEST WITH US?
Simply put, we’ll get you the best possible deal. Our sister company, The Property Buying Company, have been in the property buying industry for years & we have access to all their stock which is at a price point that is ready for investors to buy and make a great return on.
No middlemen, no stress & no hassle. We make investing in property and growing your portfolio as easy as it possibly can be.
