1-bedroom flat · SO16 7FJ
Listing removedListed 72 days · slow let
Opportunity summary
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About
Pearsons are pleased to offer for rental this newly built 1 bedroom ground floor self contained unfurnished annex.
The annex is adjoined to a large house in a quiet location in the Bassett area of the Southampton. The rental will include the Council Tax, Water, Electric and Gas.
The apartment benefits from a private outside area and driveway parking. The General Hospital is within 2.5 miles / the Highfield Campus is within 1.3 miles and a short drive to the M3 motorway.
The property is for single occupancy. Avail end August. The accommodation comprises, ENTRANCE Private entrance straight into the lounge.
LOUNGE / OPENPLAN KITCHEN LOUNGE AREA The good size lounge area has LVT flooring which is openplan to kitchen, with window to front, door to bedroom and underfloor heating.
KITCHEN Modern kitchen with various wall and base units with windows to front.
Appliances include electric hob, electric oven, hob extractor, integral fridge/freezer, integral dishwasher and integral washing machine. Flooring continues from lounge along with underfloor heating.
BEDROOM Double bedroom with window to side with LVT flooring and underfloor heating and door to shower room.
SHOWER ROOM White suite with double shower cubicle with rain head and body shower heads, toilet and sink. PARKING 1 allocated parking space on driveway. PRIVATE PATIO AREA Paved area to side.
The property has double glazing and underfloor heating.
DEPOSIT: £1500.00 EPC RATING :- C GAS / ELECTRIC / WATER / COUNCIL TAX: Inc in rental PHONE COVERAGE : 02, VODPAHONE, EE & THREE BROADBAND: 67mpbs - OPENREACH If you wish to change to a new supplier which requires installation works, permission must be sort from the owner A holding deposit of one week's rent will be required to secure the property.
This fee is payable at the time of application for the tenancy and will be held for up to 15 calendar days whilst reference checks and preparation for the tenancy agreement are undertaken.
The holding deposit can be retained should the applicant fail the Right to Rent check, provide false or misleading information that would affect the Landlord's decision to grant the tenancy, the applicant withdraws from the tenancy, or the applicant fails to take all reasonable steps to enter into a tenancy agreement.
In Tenancy Penalty Fees apply, see website for details.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
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