No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£430,000
Added > 14 days

1 bedroom flat for sale

Foundry Lane, Southampton, Hampshire, SO15
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Flat
1 bed
0 bath

Key information

Tenure: Freehold
Council tax: Band A
Mobile signal: 
EE O2 Three Vodafone
Water: Mains supply
Heating: Ask agent
Electricity: Mains supply
Sewerage: Mains supply
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Property description & features

  • Tenure: Freehold
  • Impressive Investment Opportunity in the Heart of Shirley
  • Generously sized property comprises four individual, professionally converted one bedroom apartments.
  • Currently held as a single freehold (with potential to add value by creating individual leases and a title split)
Impressive Investment Opportunity in the Heart of Shirley

Charters is delighted to present this versatile investment property with significant potential in the vibrant area of Shirley. This generously sized property comprises four individual, professionally converted one-bedroom apartments. Currently held as a single freehold (with potential to add value by creating individual leases and a title split) each flat is outfitted with its own services and utilities, ensuring easy management and flexibility for future use.

Ideal for Long or Short-Term Rental
With increasing demand for both standard rental units and short-term accommodation in Southampton, this property offers excellent investment potential. Investors can capitalise on the high demand for quality rental units in the area or cater to the short-term rental market, with this easy to manage opportunity appealing to visitors drawn to the city’s attractions and amenities.
With rents circa £2800 to £3100* pcm with all four apartments occupied on an individual AST basis, its central location and adaptable layout make this property a prime opportunity for investors looking to enter or expand in the Southampton rental market.
*estimated current market rents.
Location - Opportunity
Ideally located just a short stroll from Shirley High Street, with its wide range of shops, restaurants and essential services, this property also offers convenient access to Southampton city centre, the railway station and Southampton's cruise terminal. This property is offered with vacant possession and no forward chain, making it immediately available.

ADDITIONAL INFORMATION
Services:
Water: Mains Supply
Gas: None
Electric: Mains Supply
Sewage: Mains Supply
Heating: Electric

Materials used in construction:
Brick with Tiled Roof Small section of flat Roof
How does broadband enter the property: FTTP

For further information on broadband and mobile coverage, please refer to the Ofcom Checker online

Property has been converted into four flats

Shirley has proved to be a popular residential area with extensive shopping facilities found nearby in Shirley High Street. The central railway station is found adjacent to Commercial Road and the city centre is a short distance away boasting numerous pleasant parks, the West Quay shopping mall, numerous bars, restaurants and cinemas. Freemantle Lake Park and St James Park offer outdoor recreational space and the indoor swimming pool in Kentish Road is a popular neighbourhood facility. Schooling for all ages is found close by.

Property information from this agent

Places of interest

    Innovation, energy and drive Here at Charters we employ the very best creative property experts who offer a bespoke service to meet our individual client’s needs. We have a proven market-leading track record of exceptional results which is backed up by our 4.9/5 rating on more than 1,600 reviews via Feefo and Google. We are a multi award-winning company too, with 40 independent accolades to our name, including titles from the UK Property Award for Real Estate Agency (5-20 Offices), Real Estate Agency Single Office, (Winchester) Best UK Property Website and Real Estate Marketing of the Year. This website is multi award-winning and showcases all of our properties and the breadth of services we offer. We are available 24-hours a day, seven days a week, either in-branch, over the phone, via our website or the property portals. Any communication you have with us is with real people. We develop relationships with our customers so they always know what’s happening. We tailor every marketing campaign to a customer’s requirements and we have access to quality marketing tools such as professional photography, video walk-throughs, drone video footage, 360 virtual Matterport property tours and 3D floorplans which brings a property to life, right off of the screen.

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    *DISCLAIMER

    Property reference SOU240655. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Charters - Southampton Sales.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on November 12, 2024

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.