Summary - 14, ORDNANCE ROAD SO15 2BA
5 bed 1 bath Semi-Detached
Licensed 5-bed HMO plus one-bed flat and four parking spaces — high-yield city-centre opportunity..
Licensed 5-bed HMO with LDC (C4) certificate and licence to 2028
Includes self-contained one-bedroom flat (14a) generating separate rent
Four private rear parking spaces; currently let with three months' notice
Projected combined gross annual income circa £40,860
Victorian character: bay windows, high ceilings, loft conversion potential
Requires modernisation; potential damp issues reported
Cavity walls assumed with no insulation — retrofit may be needed
Located in student-heavy area with very high local crime rates
This freehold semi-detached Victorian property in SO15 combines an already-licensed 5-bedroom HMO with a self-contained one-bedroom flat and four private parking spaces — a compact, city-centre package aimed at investors seeking immediate rental income. The property holds an HMO licence valid until 2028 and an LDC (C4) certificate confirming HMO use; current let configuration projects a combined gross income of circa £40,860 per year.
Period features include bay windows, high ceilings and solid red-brick construction, and there is scope for added value through modernisation and a potential loft conversion. The one-bedroom flat (14a) produces separate income, while the four rear parking spaces are currently let to a local business on short notice terms (three months), offering both flexibility and extra yield.
Buyers should note material drawbacks frankly: the property is small overall and described as needing modernisation, with potential damp issues and assumed cavity walls without insulation. The immediate area is a cosmopolitan, student-dominated neighbourhood with very high local crime rates and wider-area deprivation, which affects tenant profiles and resale considerations. Essential checks are advised on services, fixtures, and the HMO licence renewal strategy beyond 2028.
5 bedroom semi-detached house for sale in Southampton, SO15 — £350,000 • 5 bed • 1 bath • 888 ft²
5 bedroom terraced house for sale in Tennyson Road, Portswood, Southampton, Hampshire, SO17 — £300,000 • 5 bed • 1 bath • 1177 ft²
6 bedroom house share for sale in Palmerston Road, Southampton, SO14 — £430,000 • 6 bed • 7 bath • 1228 ft²
4 bedroom end of terrace house for sale in Avenue Road, SO14 — £325,000 • 4 bed • 1 bath • 1682 ft²
5 bedroom terraced house for sale in Portswood, SO14 — £325,000 • 5 bed • 1 bath • 1039 ft²
5 bedroom detached house for sale in Avenue Road, Southampton, SO14 — £365,000 • 5 bed • 3 bath • 1572 ft²
