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Guide to Southampton Property
Introduction - on this page you will find links to
details of property for sale, rental accommodation, shared housing in
Southampton... Southampton is an historic city on the South Coast of
England, in Hampshire. It is situated very close to the New Forest Bournemouth,
Romsey and Portsmouth. Across the water one can see Southampton from Hythe. From
Hythe looking out to the Southampton docks one can see the large cruise liners
depart and arrive.
Property in Southampton - properties are varied in and
around Southampton. Most properties in the centre of town are new build or
converted flats and apartments, however further a field there are Edwardian
terraced homes and along the Avenue, side roads are filled with 30's large
detached houses. As one goes from the Avenue into the area of Chilworth, houses
become ever larger and more expensive, considering they are close to the M3 and
links to London this is not a surprise. Of course being on the Coast and having
a large Dock, ferries, such as the Isle of Wight ferry are frequent. Cruises to
the USA, Europe and Scandanavia are frequent from Southampton, and often leave
port with a bang, such as the Victoria that left on its maiden voyage under a
firework filled sky.
Southampton was hit badly during the Second
World War by bombing raids, and as such alot of new high rise flats were built,
particularly around the Maybush area of the town. However as you head into
Shirley, 1930 terraced homes still remain, moving into larger semi detached
properties that are in relatively quiet streets although only really a stone's
throw away from the centre of the town. Southampton is a popular
place to live and as such the number of office conversions and the developments
on the edge of the Port at Town Quay, and Ocean Village in the Marina have made
buy to let investors choose Southampton in which to invest. This has ultimately
pushed up house prices, and along with the demand for student accommodation due
to the University and the Hospital house prices are above the national average.
Purchasing a property of any type in
Southampton is much the same process for any large town or city in the United
Kingdom. There are many national Estate Agents that the prospective purchaser
can go to to register their interest, and this is often the best way if you are
new and moving to Southampton from further afield. However if you are seeking
some insider knowledge about an area, it is also a good idea to register with
one or two independent Estate Agents who might have something a little more
interesting on their books, and the prospective purchaser may find that they get
more value for money this way. Undertaking research through the internet about
amenities and local transport, shopping, and leisure facilities is also a good
way to understand the best places to live in Southampton. For example, areas
across the water in Hythe and Dibden Purlieu have Southampton postcodes and
could be argued as coming under Southampton, however to commute into Southampton
everyday the commuter must endure the A326 Fawley road, alternatively a ferry
can be caught across to Southampton, but this is only a passenger ferry and
therefore you are restricted by public transport on the other side to reach your
destination.
If price is more important than amenities then
the outer edges of Southampton such as Hamble and Hedge End offer some
attractive and affordable housing in modern housing developments, each with
their own areas for shopping. Students of the University or Hospital tend to
live more centrally in and around the Avenue and Highfield. The "common" is not
far away and the lack of flat and house garden space is offset by having this
large area of parkland very close by. Obtaining mortgages again is very much the
same process in Southampton as it is in other parts of the United Kingdom.
Firstly, if a first time buyer is seeking the mortgage, then a good way of
finding out about the best mortgage deals in the market is to approach an
independent financial advisor who has access to some of the better rated
mortgages and will guide the prospective purchaser through the process and
paperwork. Evidence of income will be required from bank and pay slips usually
for the last 6 months. An approach is made to the mortgage company chosen, who
on the basis of the income will provide an offer in principle. Once a property
is found, the mortgage company will want to value the property before deciding
what to lend against it. For the best mortgage deal it is usually better to have
a larger deposit, however as a first time buyer this is not always possible.
Another way of financing the purchase of a
house or flat is to go to a new development where the the developer arranges
finance, sometimes with a financial company, or sometimes through part exchange
on an existing property that the purchaser already owns. This way developers can
offer carpets and curtains included in the price, however be aware that interest
will be due back on these items, and it may be cheaper to just mortgage the
property and purchase furnishings and carpets separately from furniture stores
that are offering a better rate of return on loans to buy those goods.
Renting in Southampton is another way of
moving into the area before making a firm commitment of buying, and with a large
student population this is more attractive. Buy to let investors have moved into
Southampton offering a range of properties to let from shared housing in
terraced 1930's homes near to the University or up market apartments in Ocean
Village with views out to the Solent. Around the city walls looking out to the
sea there are developments of old office blocks and customs buildings that have
been converted that offer executive style living for the young professional
single person.
Travel and transport links - The M3 takes the driver from
Southampton directly into South West London, or alternatively from the M3 the
A34 is accessible, linking well with the M4 and the West country and Wales.
Train links from Southampton are good and London is an hour and a half away by
train, Bournemouth can be reached in an hour, and trains to Southampton Airport
just a matter of minutes. The airport at Southampton Parkway (Eastleigh) has a
number of airlines that serve Europe, the Isle of Mann and even further afield.
History - Southampton is steeped in history with its now
crumbling walls that once surrounded the entire city. Today, only little remains
of the wall with above and below bar that mark the South and North markers of
the city centre. Although today modern cruise liners dock and depart from
Southampton and are increasing in size and number, in 1912 the fateful Titanic
part of White Star cruise liners departed from Southampton on its ill fated
journey. Today the city remembers that time and there is a museum in the city
dedicated to the Titanic. In more recent times Southampton during the second
World War was a target, and therefore children from the city were evacuated to
the country. Some, such as little Ben Cook were evacuated as far a field as
Scotland, who with his mother went to live with his aunt, only returning to
Southampton after the War.
Leisure in Southampton - shopping in Southampton used to
be quite limited although pleasant in the open air, the shopper could go from
Bedford Place at the top of the town, across the park to the department store
Plummers, and then follow the shops all the way through the centre of the town
to Tyrell and Green, the pedestianised area, down to above bar and beyond to
Debenhams. Now, shopping centres have been added, the first of which was in East
Street, then the Marlands and more recently the modern Town Quay shopping centre
with large John Lewis and Marks and Spencer department stores attracting
shoppers 7 days a week.
Southampton has a lot to offer those who find
shopping less of pastime and more of a necessity. Leisure options are varied in
Southampton, there is a large public swimming pool with viewing windows and high
diving boards. The Mayflower Theatre has an excellent variety of productions
throughout the year, from West End shows to Ballet to Ice Skating. There are
several cinemas offering the mainstream and obscure foreign films. Foreign films
can be enjoyed by the large Polish population that has settled in Southampton.
Polish migrants have found jobs in the city within the growing property
development industry. There are many apartments and flats being built in and
around the city, particularly in the old customs buildings near Ocean Village,
in the marina, and close to the University and Hospital in Bassett and Highfield.
The student population is also growing in Southampton, and therefore property
demands have increased and have proved advantageous to the serious investor and
amateur one property investor.
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