2-bedroom flat · SO15 2PX
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Stunning Two Bedroom Apartment - Wallace Court, The Dell, Southampton This beautifully presented two-bedroom, two-bathroom second floor apartment offers well-proportioned accommodation, modern finishes, and excellent practical features.
DESCRIPTION The apartment is accessed via a secure communal entrance with lift access, leading to a welcoming hallway which benefits from two generous storage cupboards, maximising usable living space throughout.
The heart of the home is the spacious south-facing lounge, a bright and inviting room enhanced by a Juliet balcony, allowing plenty of natural light to flood in.
This is an ideal space for both relaxing and entertaining. The layout is complemented by a separate fitted kitchen, offering ample cabinetry and space for dining.
Accommodation comprises two well-proportioned double bedrooms, both offering comfortable living space.
The principal bedroom benefits from its own Juliet balcony as well as a modern en-suite bathroom, while the second bedroom is served by a contemporary main bathroom.
Both bathrooms have been refurbished, providing a clean and stylish finish.
Externally, the property further benefits from two undercroft parking spaces, a highly sought-after feature, along with well-maintained communal surroundings.
Additional features include a geothermal heating system, contributing to improved energy efficiency and lower running costs.
Situated in a convenient and well-regarded location, The Dell offers easy access to Southampton city centre, local amenities, transport links, and nearby green spaces.
Entrance Hall Storage Cupboards Lounge 16' 11" x 13' 8" ( 5.16m x 4.17m ) Kitchen 13' 7" x 9' 3" ( 4.14m x 2.82m ) Bedroom One 14' 1" x 9' 11" ( 4.29m x 3.02m ) En-Suite 10' 3" x 6' 4" ( 3.12m x 1.93m ) Bedroom Two 13' max x 10' 7" max ( 3.96m max x 3.23m max ) Shower Room 6' 1" max x 5' 7" max ( 1.85m max x 1.70m max ) We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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.
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