2-bedroom flat · SO31 8NU
To rentListed 107 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented ground floor flat offers comfortable and convenient living in a sought-after location.
Featuring two generously sized bedrooms, a bright and neutral décor, and essential white goods included, this property is ready for you to move in now Key Features: Two bedrooms Neutral décor and carpeting White goods provided Off-street parking Available 06/07/2026 Affordability Once you have applied for a property and we have received your application forms and references, we will then check you can afford the property and have a satisfactory credit score.
If you are in receipt of benefits then we can help you calculate what you would be entitled to (please note our market rental properties will be subject to Local housing allowance rates and or Universal credit may not cover the full rent).
We expect that rent and debt payments dont exceed 45% of your total income.
If the ratios are over our accepted threshold, we wont be able to accept you as a tenant and you may need to look for a cheaper property. You will need to be able to prove your income.
You will need to provide 3 months wage slips and bank statements or if you are self-employed, your most recent tax return.
Credit referencing We use an independent credit agency to carry out our referencing. You'll be required to have a credit score of good or fair ;, along with passing the affordability check.
We wont normally accept applicants with County Court Judgement (CCJ) or Individual Voluntary Arrangement(IVA), if you apply we will review each case individually. We do not accept guarantors.
DPS The tenant will be required to pay one months rent in advance plus any additional rent for the remainder of the current month.
This will be in addition to one month's rent as deposit, held with the DPS. No Tenant Set Up Fees.
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
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Stewart Close, Southampton, Hampshire, SO31
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