Sold.co.uk - London

*TENANT IN SITU INVESTORS ONLY* This 2 bedroom maisonette property presents an excellent opportunity for cash buyers seeking a high-yielding investment. Offering a 9.6% return at the current asking price, it comes with the added benefit of tenants already in place, ensuring an immediate rental income of £800 per calendar month. Situated in Southampton, Hampshire, the property is leasehold, providing long-term ownership security. While the property would benefit from some refurbishment, its location and existing rental income make it an attractive prospect for investors looking to enhance their portfolio. With tenants in situ, you can enjoy a hassle-free transaction with rental income from day one. Ideal for those looking to achieve solid returns in a growing rental market, this investment is ready to deliver.

Property reference SLD240779. 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 Sold.co.uk - London.

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

 Broadband availability and predicted speed: obtained from Ofcom on September 12, 2024

 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: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on September 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: obtained on June 24, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

 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 <a href="https://www.onthemarket.com/terms/#other">here</a> for more information.

DISCLAIMER

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.

Call rate information

Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.
The remaining length of the lease may affect your ability to obtain a mortgage.

Tenure

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example an adequate broadband connection may not be available.

Broadband

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

Property & houses for sale in Southampton

Yes, very worried

Yes, slightly concerned

No, I’m sure it will be fine

No, I have a mortgage Agreement in Principle already

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I’ve not thought about it yet

Within the next 3 months

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Maisonette on Meggeson Avenue for sale

2 bedroom maisonette for sale

The Gregg School

Townhill Park and Harefield Sure Start Childrens Centre

Townhill Junior School

I am a first-time buyer

I have a property to sell

I have a property to let

I am an investor

I have recently sold

Other

ASAP

Within 3 months

3-6 months

More than 6 months time

Not sure

Swaythling

Bitterne

Southampton Airport Parkway

*TENANT IN SITU INVESTORS ONLY* This 2 bedroom maisonette property presents an excellent opportunity for cash buyers seeking a high-yielding investment. Offering a 9.6% return at the current asking price, it comes with the added benefit of tenants already in place, ensuring an immediate rental...

2 bedroom maisonette for sale

Key information

Features and description

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