1-bedroom house · SO18 6TG
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Introduction Offered to the market with no forward chain, this well-presented first-floor one-bedroom retirement apartment is available to residents aged 60 and over.
Finished to a high standard throughout, the apartment briefly comprises an entrance hall, modern fitted shower room, double bedroom with fitted wardrobe, open-plan lounge/diner and modern fitted kitchen.
Further benefits include a south-facing balcony, communal lounge, communal laundry room, guest suite for overnight stays, communal gardens and residents' parking available on a first-come, first-served basis.
Location Bitterne Village has a thriving centre that offers a broad range of shops and general amenities along with its own infant, junior and senior schools and train station.
Southampton’s city centre with its broad range of shops including WestQuay shopping centre, its bars, restaurants, cinemas, amenities and mainline railway station is within easy reach.
Southampton Airport is around twenty minutes away and all main motorway access routes are also close by, including M27 links east and west bound via M3 to M25 and via A3 to London.
Inside Entering the building, residents are welcomed into the communal lounge, providing a pleasant space to socialise and enjoy regular activities and events.
Lifts and stairs provide access to all floors.
Located on the first floor, the apartment is entered into the entrance hall featuring carpeted flooring, a large built-in walk-in storage cupboard and access to all principal rooms.
The modern shower room has vinyl flooring, tiled walls, heated towel rail, walk-in shower cubicle, WC and wash hand basin with storage beneath.
The double bedroom benefits from a double-glazed window to the rear, carpeted flooring, electric radiator and a built-in double wardrobe with sliding doors.
The open-plan lounge/diner provides a comfortable living and dining space and benefits from a double-glazed window and door opening onto the south-facing balcony.
Further features include carpeted flooring, electric radiator, electric fireplace and access through to the fitted kitchen.
The modern fitted kitchen has a double-glazed window to the rear, vinyl flooring and a range of wall and base units with roll-top worktops and stainless-steel sink.
Integrated appliances include a fridge, freezer, oven and hob with extractor over. The south-facing balcony provides a useful private outdoor space, ideal for sitting and relaxing.
Further benefits & facilities Mitchell Lodge offers a range of communal facilities and services designed to provide residents with comfort, convenience and peace of mind.
These include a communal owners' lounge and kitchen area, where regular social events are held, a communal laundry room, residents' car park and a Lodge Manager available five days a week.
A guest suite is available for friends and family to stay overnight, with residents also entitled to use guest suites at other Churchill Living developments across the country, subject to availability and the relevant development's terms.
The development also benefits from a 24-hour Careline system, providing additional safety and security.
The apartment is equipped with an emergency Careline system, monitored by the Lodge Manager during the day and by the Careline team 24 hours a day, 365 days a year.
Additional security features include a Careline-integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout the apartment and communal areas, providing residents with added reassurance.
Agents note The property is leasehold, (with the lease dating from 2012) and we are advised (by the vendor) that there is approx. 111 years remaining on the lease.
(£847.18 Ground Rent per annum/ £3022.70 Service Charge per annum). Disclaimer – information has been given by the owner – please seek verification via your solicitor prior to purchase.
Services Electricity, water and mains drainage are connected. Please note that none of the services or appliances have been tested by White & Guard.
Fibre Broadband is available with download speeds of up to 76 Mbps and upload speeds of up to 15 Mbps. Information has been provided by the Openreach website.
EPC Rating: C Disclaimer Buyers: If you have an offer accepted on a property through White & Guard, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks.
There is a charge of £40 + VAT for these checks per applicant.
Sellers: Upon receipt of instructions to act in the selling of your home, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks.
There is a charge of £40 + VAT per owner
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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
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FAQ
About Flat 16 Mitchell Lodge, 50-56 West End Road, Bitterne Village, Southampton
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