2-bedroom flat · SO15 5QU
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Chain Free ** Top Floor Apartment ** Spacious & Well-Presented ** Bathroom & En-Suite ** Two Balconies ** Allocated Parking ** We are delighted to present this stunning two-bedroom top-floor apartment, offered for sale with no onward chain.
This exceptional property has been newly redecorated, and is perfect for owner-occupiers seeking a modern home or rental investors drawn by its prime location near local amenities, Southampton city centre, and the mainline train station.
The apartment is accessed via a secure communal entrance with both stairs and a lift ascending to the top floor.
Upon entering, you are welcomed by a spacious entrance hall featuring built-in storage and doors leading to all rooms.
The main living area is a standout feature, boasting impressive elevated ceilings and an abundance of natural light courtesy of French doors opening to a private balcony.
Adjacent to the living area is a well-appointed kitchen fitted with base and wall-mounted cabinetry, contrasting work surfaces, tiled splashbacks, and a sink and drainer unit.
It also includes built-in cooking appliances and provisions for a washing machine and fridge freezer.
Both bedrooms are generously sized, each boasting the impressive elevated ceilings and an abundance of natural light with windows and doors provide access to a further private balcony.
The principal bedroom benefits from a modern ensuite shower room complete with a glazed shower enclosure, WC, wash basin, and heated towel rail.
Additionally, a family bathroom caters to guests, offering a bath with an over-shower and screen, WC, wash basin, and heated towel rail.
Further highlights of the property include well-maintained communal areas, a lift, bike store, and an allocated off-road parking space.
With its spacious interiors, contemporary design, and excellent location, this apartment represents a rare opportunity. Early viewing is highly recommended.
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 Flat 16, Perham House, 85-87, Hill Lane, Hampshire
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