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See how verdicts work2-bedroom flat · SO15 2PY
Sold STCListed 666 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently positioned within walking distance to Southampton City Centre & Southampton Common is this two double bedroom second floor flat situated on Hulse Road.
Suitable for a first time purchase or investment, the property comprises a good size lounge/diner, separate kitchen, two bedrooms and three-piece bathroom.
Further benefits include a balcony, double glazing, gas central heating and allocated parking for one car. Due to a combination of these features, we would strongly recommend an early inspection.
ENTRANCE HALL : Carpeted. Telephone intercom. Doors to all rooms. Storage cupboard. Radiator. LOUNGE/DINER 15'10" (4.82m) x 12'9" (3.89m): Carpeted. Double-glazed window to side aspect.
Door to balcony. Radiator. KITCHEN 8'5" (2.56m) x 7'7" (2.32m): Laminate flooring. Tiled splashback. Matching wall and base units. Integrated gas hob and fan oven with extractor.
Space for washing machine and fridge freezer. Wall mounted combination boiler. BEDROOM ONE 12'9" (3.89m) x 9'5" (2.87m): Carpeted. Space for a wardrobe. Double-glazed window to side aspect. Radiator.
BEDROOM TWO 9'5" (2.88m) x 7'8" (2.34m): Carpeted. Double-glazed window to side aspect. Radiator BATHROOM 7'7" (2.32m) x 5'7" (1.70m): Laminate flooring. Partially tiled walls.
Panel enclosed bath with shower. Low level W.C and basin. Extractor fan. Radiator. OUTSIDE : The property benefits from its own balcony which is accessed from the lounge.
There is an allocated parking space for one car which is located at the back of the building. There is also ample visitors parking onsite. TENURE : 125 year lease from 18th July 1997.
98 Years remaining Service Charge: £397.44 Every Quarter Ground Rent: £25 Per Annum COUNCIL TAX Southampton City Council BAND: C CHARGE: £1,917.33 YEAR: 2024/2025
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
About Hulse Road, Southampton
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