1-bedroom house · SO14 5DL
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Direct River Itchen Views | One-Bedroom Apartment | Elm Quay, Chapel Riverside Situated within Elm Quay on Thomas Blake Avenue, this one-bedroom apartment forms part of the Chapel Riverside development and benefits from views across the River Itchen.
The accommodation comprises an entrance hall, living room, fitted kitchen, double bedroom and bathroom.
The living space is positioned to take advantage of the river outlook, providing a clear view across the water from within the apartment.
Elm Quay was completed in 2021 as part of the wider Chapel Riverside development. The building provides lift access to the upper floors, with secure communal access.
The property is positioned approximately 0.6 miles from Woolston railway station and approximately 1.2 miles from Southampton Central railway station.
Local bus stops are available within approximately 0.1 miles, while shops, cafés and other everyday amenities are available within the surrounding area.
Bricks and Logic The River Itchen waterfront forms an immediate part of the setting, with Southampton city centre and Ocean Village also accessible from the development.
Tenure Type; Leasehold Leasehold Years remaining on lease; 150 years from March 2021 Service Charge: Circa £1350 per annum Approx 2026 - 2027 Ground Rent: £197 per annum.
Council Tax Banding; B EWS1 (A1 Rating - (No remedial works required) Material Information - Southampton Tenure Type; Leasehold Leasehold Years remaining on lease; 150 years from March 2021 Service Charge: Circa £1350 per annum Approx 2026 - 2027 Ground Rent: £197 per annum.
Council Tax Banding; B EWS1 (A1 Rating - (No remedial works required) Aml Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We outsource the initial checks to partner suppliers Coadjute who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £54inc vat per person.
This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.
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
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 Flat 39 Elm Quay, Thomas Blake Avenue, Southampton
Explore nearby