2-bedroom flat · SO19 9SH
For saleListed 573 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom penthouse apartment with Water Views over Southampton Water, ideally located being minutes walk to the foreshore & mini golf course, Netley Abbey & Victoria Country Park nearby, easy access to Southampton, public transport also nearby.
Open plan living area, parking, juliette balcony. A well presented penthouse apartment, with great water views looking over the Southampton water.
As you approach the property via the pathway leading to a communal entrance. Flat 8 is the penthouse apartment on the top floor, making it the best in the building for the lovely water views.
Living/Dining Room: A cosy, well presented living space with a tall windows, opening up to the juliet balcony. This gives you lots of light and fabulous views onto the southampton water.
Fitted, neutral coloured carpets. Open plan with archway leading to the spacious kitchen.
Kitchen: Modern fitted kitchen with a matching range of wall and base units comprising a combination of cupboards and drawers with roll edge work surfaces.
Electric fitted oven with electric hob and extractor fan above. Space for a washing machine and for a tall fridge/freezer.
Internal window looking in to the Living area and in turn to the front of the property. Inner Lobby: Door to the WC with vanity wash hand basin with cupboard storage below and heated towel rail.
Full height door to a storage cupboard. Bedroom 1: A good sized room with window to the rear. Built in wardrobe. Bedroom 2: A good sized with a view of the water and also a built in wardrobe.
Bathroom: Modern white suite comprising bath with mixer tap and mixer shower fitted above. Vanity wash hand basin with cupboard storage and shelving below.
Extractor fan, heated towel rail and extractor fan. Outside: There is a large garden to the side of the building that is nicely private and not overlooked.
Also small laid to lawn garden at the front with fence. Parking: Private space to the front of the property. Charges: Ground Rent is £125.00 per annum.
Maintenance is £80 per month, which includes up keep of the grounds. The Freeholders are Brennan Property Management. Secure parking for one car, and further visitor parking.
The leasehold 125 years from 1994.
Value & comps
No previous sales on record.
Returns
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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 Abbeywater Court, 2 Weston Lane, Southampton, Hampshire, SO19
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