Southampton Property Market

Southampton is located on the South coast ofbe The Polygon, Shirley, Portswood, Basset and
England, 80 miles South West of London. HistoricallySwathling.
Southampton has been a port city and today theThe area of Totton is a favourite for young families.
port still plays a large part in Southampton's economy.It has a good number of houses which are relatively
However there is now quite a clear separationgood value. Although technically Totton falls under
between the port and the City.the New Forest many of its residents work and shop
The City is in quite an envious location. The southin Southampton.
coast benefits from a mild climate and the area hasThe suburb of Chilworth has mostly large detached
one of the highest levels of sunshine in the UK.homes and is a desirable area to live. A number of
Southampton has very good transport links with theproperties in this area are valued at well over
M27/M3 motorway linking Southampton to London.£1 million.
Train service operates between Southampton andSouthampton's coastal position has been taken
London Waterloo. The City also has its own airportadvantage of by the Ocean Village development. This
with flight to many regional and internationalis a new and trendy sea front development with
destinations. Southampton has good shopping andsome great views to sea or over its own marina.
leisure facilities.There are still a number of properties being sold in
All this makes Southampton a desirable place to livethis development.
and as such house prices have increased by slightlyLike the rest of the South East there has been, and
more than the national average. The average housestill is, an aggressive house building program taking
price in 1995 was £60,000 and this hasplace. The availability of new houses are not
increased to just over £200,000 today. Pricespredicated to affect house prices in Southampton in
are lower than some areas of the South East andthe short term. Demand is expected to remain high.
good deals are still available for house buyers.The City is attracting a large number of people
There are a total of around 96,000 houses inmoving from London, as well as a good number of
Southampton one third of which are flats, one thirdEuropean immigrants. This increase in population
terraced homes and the balance are semi's orshould keep house prices buoyant.
detached houses. This split favours young families asIn all I believe Southampton offers the home buyer
there is a good supply of houses. The rental marketgood value for money, a property which should hold
in Southampton is relatively buoyant and with aits value and above all a great place to live. If it's a
student population of 22,000 there is opportunity forbuy-to-let investment Southampton offers many
the buy-to-let investor. In fact many of the flats inopportunities be it student accommodation or an
Southampton are held as buy-to-let properties. Areasexecutive flat.
to consider for student buy-to-let investments would