Property Details

3 bedroom terraced house for sale For Sale

£235,000

ROI = 10% BMV = 24.71%

Gallery

Description

Situated in the sought-after area of Lordshill, this three-bedroom mid terrace property offers fantastic potential for investors seeking a project. Requiring modernisation throughout, it presents an excellent opportunity to add value, with an estimated net rental yield of 8%. With its desirable location and great potential, this property could be an ideal choice for any savvy investor looking to capitalise on a promising investment opportunity. The ground floor of this property features a spacious lounge with direct access to the rear garden, along with a generously sized kitchen, conveniently located off the hallway. Completing the downstairs is a separate toilet. On the first floor, you?ll find three well-proportioned bedrooms and the main family bathroom. Externally, the property provides off-road parking for added convenience and peace of mind, along with a spacious rear garden, perfect for outdoor activities. Southampton offers a variety of amenities and transport links ideal for investors. Local schools, including Sinclair Primary and Oasis Academy Lord?s Hill, are within 0.5 miles, while Sainsbury?s and Morrisons Daily are nearby for everyday shopping. Redbridge railway station, around 1.9 miles away, provides links to Southampton Central, and the M3 and M27 motorways are easily accessible. Additionally, Southampton International Airport is just a short drive, offering flights to UK and European destinations. Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller. To secure this property in accordance with our terms, a £6,000 deposit will be required, which will be deducted from the purchase price. Additionally, there is a non-refundable Reservation Fee of £450 inc VAT, which is separate from the purchase price. All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions. Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale process on your behalf, ensuring a smooth and efficient transaction.

Find out More