ROI = 6% BMV = 11.06%
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Description
FOUR x ONE BEDROOM FLATS WITH FREEHOLD TITLE A fantastic opportunity to acquire a versatile and high-yielding investment property in the heart of Shirley. This substantial freehold building has been professionally converted into four well-presented one-bedroom apartments, each with independent services and utilities, making for a hassle-free management experience. Investors also have the potential to increase value by creating individual leases and splitting the title, providing further flexibility and long-term growth prospects. Flexible Rental Potential Long or Short Term: With demand for quality rental accommodation in Southampton remaining high, this property is well-positioned for both traditional lettings and the short-term rental market. Whether fully occupied on Assured Shorthold Tenancies (ASTs) or adapted for short-stay rentals, it offers a strong and adaptable income stream. Estimated market rents suggest a combined potential income of £2,800 - £3,100 per month across all four units. Fantastic Location: Perfectly placed just a short stroll from Shirley High Street, residents benefit from an array of shops, cafés, restaurants, and essential amenities. Excellent transport links make it easy to reach Southampton city centre, the train station, and the cruise terminal, enhancing its appeal to professionals, commuters, and visitors alike. Offered with vacant possession and no forward chain, this property is ready for immediate occupation or investment. Don't miss this fantastic opportunity, contact Goadsby estate agents in Southampton today for more information or to arrange a viewing. Additional Information Tenure: Freehold Parking: Street Parking Utilities: Mains Electric Mains Water Drainage: Mains Windows: Double Glazed 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 (Each flat is individual banded as A) 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. DRAFT DETAILS We are awaiting verification of these details by the seller(s).
Find out MoreProperty Details
- Property ID: 158482979
- Added On: 2025-02-20
- Deal Type: For Sale
- Property Price: £430,000
- Bedrooms: 4
- Bathrooms: 1.00
Amenities
- Four self-contained one-bedroom apartments
- Freehold with title split potential
- Strong rental demand
- £2,800-£3,100 pcm
- Ideal for long or short-term lets
- Close to shops
- city centre
- and transport
- Vacant possession
- no forward chain