ROI = 10% BMV = 6.12%
Description

Nestled in the heart of Southampton, The Oriental is a stunning Grade II-listed building that exudes timeless charm. Overlooking the lush greenery of Queens Terrace, this historic gem dates back to the 1880s. Originally known as Kelway’s Hotel, it later became Kelway’s Oriental Hotel before taking on its final name, The Oriental Hotel, in 1906. Today, this magnificent residence offers a rare opportunity for investors and first-time buyers alike, currently rented out at £XXXX PCM. Step inside, and you'll be captivated by the spacious lounge, kitchen, and dining area, where impressively high ceilings and original period features create an ambiance of elegance. A beautiful bay window floods the space with natural light while offering picturesque views of the park. The property boasts two generous double bedrooms, with the master bedroom benefiting from a private ensuite, complete with a stylish shower cubicle. A family bathroom further enhances the home’s comfort and functionality. Ideally located, The Oriental is just a short stroll from Southampton City Centre, with its fantastic shopping, dining, and entertainment options, including the renowned West Quay shopping centre. The vibrant Oxford Street, home to an array of restaurants and bars, is also within easy reach. For commuters, Southampton’s mainline railway station provides direct access to London Waterloo, while the M3 and M27 motorways offer excellent connectivity. Tenure Type: Leasehold Leasehold Years remaining on lease: 100 Years Approx Leasehold Annual Service Charge Amount £2,626.50 per annum approx. Leasehold Ground Rent Amount £50.00 per annum approx. Council Tax Banding: D In line with Money Laundering Regulations, successful buyers will be required to complete digital identity checks provided by Coadjute’s Assured Compliance service. The cost of these checks is £48 inc. VAT per purchaser, which is paid in advance directly to Coadjute’s Assured Compliance service. This charge verifies your identity and source of funds in line with our obligations to HMRC. Material Information - Southampton - Tenure Type; Leasehold Leasehold Years remaining on lease; 100 Years Approx Leasehold Annual Service Charge Amount £2,626.50 per annum approx. Leasehold Ground Rent Amount 50.00 per annum approx. Council Tax Banding; D

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Property Details
  • Property ID: 158920841
  • Added On: 2025-03-03
  • Deal Type: For Sale
  • Property Price: £200,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • Grade II Listed Building
  • Two Bedrooms
  • Two Bathrooms
  • Tenants in Situ
  • Gas Central Heating
  • Ample Storage Space
  • No Parking
  • Close to Local Amenities
  • EPC: C
  • Council Tax: D