3 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Two apartments in converted house
- Fantastic investment oppotunity
- £14,400 per annum income
- Subject to reserve price
- Sold by modern auction
- T&Cs APPLY
- Buyers fees apply
- Modern method of auction
- A must see
- Call to view
A fantastic opportunity to purchase the freehold of this Character property that has been converted into two apartments in the sought after area of Swaythling. The ground floor apartment is a one bedroom and the top floor is a two bed and they are currently achieving a rental of £17,400 per annum. This really does make for a great investment purchase and we are expecting a great deal of interest, so call now to book your viewing.
The ground floor is accessed via the front door and benefits from a good sized Lounge, Kitchen, a double bedroom and a bathroom.
The top floor is accessed via an external staircase to the rear of the building and benefits from a large living room to the front with bay window, kitchen, two double bedrooms and a Bathroom.
The Ground floor flat is currently rented at £675p.m/ £8100 per annum and the first floor: flat is currently let out at £775p.m/£9300 per annum, giving a total annual income of £17,400.
The property is situated on High Road in the Swaythling area within a parade of shops just off of the popular Burgess Road, so is also close to the University of Southampton. There is a range of shopping facilities and the popular shopping centre of Portswood is nearby which features Waitrose and Sainsbury's supermarkets as well as a range of independent stores. The M3 is accessed via Bassett Avenue and the M27 can be reached at Junction 5. Major railway stations nearby include Southampton Parkway which offers direct travel to London Waterloo and Swaythling station for local lines.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a NonRefundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.
Situated in the Swaythling area this is close to the University of Southampton. There is a range of shopping facilities mainly found in Winchester Road and the popular shopping centre of Portswood is nearby which features Waitrose and Sainsbury's supermarkets as well as a range of independent stores. The M3 is accessed via Bassett Avenue and the M27 can be reached at Junction 5. Major railway stations nearby include Southampton Parkway which offers direct travel to London Waterloo and Swaythling station for local lines.
Southampton is a historic port city on England's south coast which offers a range of shopping and leisure facilities including Ocean Village, West Quay, the Cultural Quarter, Mayflower Theatre and the Civic Centre including the Titanic Museum.
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