Map1 bedroom flat for sale
Southampton
Featured
Flat
1 bed
1 bath
Key information
Tenure: Leasehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Leasehold
- Extended lease with 154 years remaining
- High yield over 9% return
- Tenant willing to remain in place
- Off street communal parking available
- Close proximity to city centre
- Opportunity to modernise and add value
GROUND FLOOR STUDIO FLAT
A fantastic investment opportunity awaits with this ground floor studio apartment located on Howard Road, Southampton. Recently benefitting from an extended lease with 154 years remaining, this property offers both long-term security and the potential for improvement. While the apartment could benefit from some updating and modernisation, it represents a blank canvas for an investor or first-time buyer to enhance its value.
The accommodation comprises a lounge/bedroom, a kitchen, and a shower room. Off-street communal parking is readily available at both the front and rear of the property.
Investors will be particularly drawn to this opportunity, as the current tenant, who has resided here for around 6 years, is happy to stay on. The property offers an impressive yield of over 9%, making it a strong addition to any portfolio.
The property features electric heating and UPVC double glazing.
Situated close to Southampton city centre, Howard Road provides excellent access to local amenities, shops, and transport links, making it an ideal location for both tenants and owner-occupiers alike.
Don't miss out on this excellent investment opportunity contact Goadsby estate agents in Southampton today to arrange a viewing!
Agents Note: The apartment measures approximately 25 square metres, so buyers intending to purchase with a mortgage should seek advice before formally making an offer.
Additional Information
Tenure: Leasehold
Lease Length Remaining: 154 years
Ground Rent: £65 per annum
Service Charge: £1398.30
Parking: Communal Residents
Utilities:
Mains Electricity
Mains Water - metered
Drainage: Mains Drainage
Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk
Council Tax Band: A
Lounge/Bedroom 4.07m (13'4) x 3.93m (12'11)
Kitchen 2.08m (6'10) x 2.06m (6'9)
Shower Room 2.8m (9'2) x .74m (2'5)
DRAFT DETAILS
We are awaiting verification of these details by the seller(s).
ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
A fantastic investment opportunity awaits with this ground floor studio apartment located on Howard Road, Southampton. Recently benefitting from an extended lease with 154 years remaining, this property offers both long-term security and the potential for improvement. While the apartment could benefit from some updating and modernisation, it represents a blank canvas for an investor or first-time buyer to enhance its value.
The accommodation comprises a lounge/bedroom, a kitchen, and a shower room. Off-street communal parking is readily available at both the front and rear of the property.
Investors will be particularly drawn to this opportunity, as the current tenant, who has resided here for around 6 years, is happy to stay on. The property offers an impressive yield of over 9%, making it a strong addition to any portfolio.
The property features electric heating and UPVC double glazing.
Situated close to Southampton city centre, Howard Road provides excellent access to local amenities, shops, and transport links, making it an ideal location for both tenants and owner-occupiers alike.
Don't miss out on this excellent investment opportunity contact Goadsby estate agents in Southampton today to arrange a viewing!
Agents Note: The apartment measures approximately 25 square metres, so buyers intending to purchase with a mortgage should seek advice before formally making an offer.
Additional Information
Tenure: Leasehold
Lease Length Remaining: 154 years
Ground Rent: £65 per annum
Service Charge: £1398.30
Parking: Communal Residents
Utilities:
Mains Electricity
Mains Water - metered
Drainage: Mains Drainage
Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk
Council Tax Band: A
Lounge/Bedroom 4.07m (13'4) x 3.93m (12'11)
Kitchen 2.08m (6'10) x 2.06m (6'9)
Shower Room 2.8m (9'2) x .74m (2'5)
DRAFT DETAILS
We are awaiting verification of these details by the seller(s).
ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
About this agent
Goadsby estate agents are passionate about what they do and have a reputation for successfully selling and letting properties across Dorset, Hampshire and South Wiltshire. So whether you're buying, selling or letting, our teams pride themselves on delivering excellent service, in-depth local knowledge and industry expertise. Our teams are focused on success and take great pride in capturing the best photography. This combined with creative marketing literature ensures that our clients properties attract the maximum number of enquiries. Other innovations such as bespoke brochures, floor plans on all listings together with further options to include Video Tours, Open Houses, Professional photography, Homes of Distinction branding make Goadsby, with its network of 19 branches throughout central southern England the ‘Independent Estate Agent of choice’ With a proactive approach to selling and letting homes together with a reputation built upon more than 60 years of successes you can be confident Goadsby have the necessary knowledge & experience to guide you through your property transaction. “Fantastic people who offer a very personal approach, professional throughout, cannot fault anything. If you are thinking of moving look no further than Goadsby."