2-bedroom flat · SO14 2DX
For saleReduced £35k (−12.7%) on 21 JunListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the historic Bugle Street lies this Grade II listed split level apartment that is truly one of a kind.
Situated in the old town surrounded by historic buildings and architecture dating back to the early 12th century this property is a rarity not to be missed.
Upon entry, the hallway shows of character and features guiding you to the main hub of the home.
With open plan living in mind, the kitchen and dining room is well maintained throughout providing the perfect space for entertaining family and friends alike.
The kitchen offers ample storage units and an array of worktop surface space great for food preparation. The living area benefits from a wonderful outlook onto St Michaels Square.
Both bedrooms are generous in size serviced by a tastefully designed three-piece bathroom suite including a roll-top bathtub with an overhead shower.
On the lower ground floor is the real show stopper of the home, with elevated ceilings, the basement room provides an outstanding space creating an exceptional living experience that is unique and historic ambience, this is the perfect space to retreat to on cosy evenings or utilise as an additional bedroom.
Further benefits are gas central heating, an allocated private parking space, short walking distance to the waterfront, locals bars, restaurants and transport links.
Leasehold Leasehold 125 Years Unexpired Years: 99 Annual Ground Rent: £150 Ground Rent Increase: Tbc Ground Rent Review Period: Annually Annual Service: £2,200 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Additional information Materials used in construction: Ask Agent How does broadband enter the property: Ask Agent Covenants / restrictions affecting the property: Ask Agent Property is in a conservation area Issues requiring urgent attention: Ask Agent The windows need replacing- please ask agent for further information.
Renovation to building 93k divided six ways between all of the flats.
For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Southampton is a thriving commercial port with a population in excess of 250,000 and achieved city status in 1964 due to its contribution to trade and the economy.
The city centre offers an extensive range of shopping and leisure facilities ranging from small boutique outlets to major department stores including the landmark West Quay shopping mall.
Restaurants, bars and cafes cater for every taste and the Cinema de lux offers the finest film viewing experience.
Numerous pleasant parks together with The Common, City golf course and sports centre offer a wide range of leisure opportunities with hundreds of acres of green open space.
Premier league football is played at St Marys and the Ageas Bowl is the home of Hampshire cricket hosting domestic and international matches together with live music events.
The Guildhall, Mayflower and Nuffield theatres host a wide and eclectic range of plays, opera, ballet and musicals and the public art gallery in the civic centre has a famous and acclaimed collection.
The location also benefits from easy access to the M27 and M3 with the nearby Southampton Central and Southampton Parkway railway stations providing a fast and convenient route to London Waterloo, Winchester and the New Forest.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 2 Royal Court, 56, Bugle Street, Southampton
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