SO23, Southampton house prices & rental yield

Postcode district in Southampton, part of the SO postcode area

Likely student area · 1.6km from The University of Winchester

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Average asking price
£495k
UK avg £340k
Average rent (pcm)
£1,100
UK avg £1,300
Gross rental yield
2.7%
42% below UK avg
Net yield (estimated)
2.0%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-06)
241
134% above UK avg

Summary

SO23 has a gross rental yield of 2.7%, 42% below the UK average, ranking #19 of 20 SO postcode districts by yield.

Price history

Buy-to-let calculator

Stamp Duty (SDLT)
Deposit required
Mortgage payment (monthly)
Letting agent fee (monthly)
Est. net monthly cashflow

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

SO23 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £152k £435 4 / 2
1 £230k £750 3.9% 29 / 56
2 £322k £1,775 6.6% 72 / 20
3 £550k £1,800 3.9% 56 / 11
4 £775k £5,000 48 / 3
5+ £1.59m £7,500 17 / 3

Nearby SO postcode districts, by yield

DistrictAvg buyAvg rentYield
SO14 £205k £1,150 6.7% Compare
SO17 £220k £1,105 6.0% Compare
SO18 £260k £1,200 5.5% Compare
SO15 £230k £995 5.2% Compare
SO19 £270k £1,150 5.1% Compare
SO53 £360k £1,400 4.7% Compare
SO45 £365k £1,395 4.6% Compare
SO30 £375k £1,350 4.3% Compare
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