Map1 bedroom flat for sale
The Oaks, Merryoak, Southampton, Hampshire, SO19
Flat
1 bed
1 bath
269 sq ft / 25 sq m
EPC rating: C
Key information
Tenure: Leasehold | 79 yrs left
Ground rent: £90 per annum | review period: unconfirmed
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Leasehold (79 years remaining)
- First floor studio apartment
- Tenant in situ
- Investment opportunity only
- Currently achieving an 8.25% yield
- Quiet and tucked away setting
- Close proximity to Bitterne precinct
Offered to the market as an investment opportunity only is this modern first floor studio apartment in a small building at the end of a quiet and tucked away no through road.
Locally you are well served for access to the precinct in Bitterne for all of you daily needs and amenities and you are also within walking distance of an array of local shops whilst the Bitterne train station and city centre are also within easy reach and just a few minutes away. The property is available only to a purchaser looking for an investment opportunity only to keep the current tenant in situ who is paying £550pcm and this brings in a yield of 8.25%. The apartment benefits from the use of the residents parking area.
TENURE
Leasehold
Unexpired Years: 80
Annual Ground Rent: £90
Ground Rent Increase: N/a
Ground Rent Review Period: N/a
Annual Service Charge: N/a
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
ADDITIONAL INFORMATION
Services:
Water: Mains Supply
Gas: No Gas
Electric: Mains Supply
Sewage: Mains Supply
Heating: Electric
Materials used in construction: Brick& Concrete
How does broadband enter the property: Unknown
For further information on broadband and mobile coverage, please refer to the Ofcom Checker online
Southampton is a thriving commercial port with a population in excess of 250,000 and achieved city status in 1964 due to its contribution to trade and the economy. The city centre offers an extensive range of shopping and leisure facilities ranging from small boutique outlets to major department stores including the landmark West Quay shopping mall. Restaurants, bars and cafes cater for every taste and the Cinema de lux offers the finest film viewing experience. Numerous pleasant parks together with The Common, City golf course and sports centre offer a wide range of leisure opportunities with hundreds of acres of green open space. Premier league football is played at St Marys and the Ageas Bowl is the home of Hampshire cricket hosting domestic and international matches together with live music events. The Guildhall, Mayflower and Nuffield theatres host a wide and eclectic range of plays, opera, ballet and musicals and the public art gallery in the civic centre has a famous and acclaimed collection.
Locally you are well served for access to the precinct in Bitterne for all of you daily needs and amenities and you are also within walking distance of an array of local shops whilst the Bitterne train station and city centre are also within easy reach and just a few minutes away. The property is available only to a purchaser looking for an investment opportunity only to keep the current tenant in situ who is paying £550pcm and this brings in a yield of 8.25%. The apartment benefits from the use of the residents parking area.
TENURE
Leasehold
Unexpired Years: 80
Annual Ground Rent: £90
Ground Rent Increase: N/a
Ground Rent Review Period: N/a
Annual Service Charge: N/a
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
ADDITIONAL INFORMATION
Services:
Water: Mains Supply
Gas: No Gas
Electric: Mains Supply
Sewage: Mains Supply
Heating: Electric
Materials used in construction: Brick& Concrete
How does broadband enter the property: Unknown
For further information on broadband and mobile coverage, please refer to the Ofcom Checker online
Southampton is a thriving commercial port with a population in excess of 250,000 and achieved city status in 1964 due to its contribution to trade and the economy. The city centre offers an extensive range of shopping and leisure facilities ranging from small boutique outlets to major department stores including the landmark West Quay shopping mall. Restaurants, bars and cafes cater for every taste and the Cinema de lux offers the finest film viewing experience. Numerous pleasant parks together with The Common, City golf course and sports centre offer a wide range of leisure opportunities with hundreds of acres of green open space. Premier league football is played at St Marys and the Ageas Bowl is the home of Hampshire cricket hosting domestic and international matches together with live music events. The Guildhall, Mayflower and Nuffield theatres host a wide and eclectic range of plays, opera, ballet and musicals and the public art gallery in the civic centre has a famous and acclaimed collection.
Property information from this agent
About this agent
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.
