1-bedroom flat · SO50 7AH
Listing removedReduced £5k (−4.3%) on 5 AugListed 112 days
Opportunity summary
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About
Tenure: Leasehold Priced to sell!
Available chain free & vacant Leasehold-87 years remaining Service Charge £815.53 pa Ground Rent £100 pa Potential Rent circa £850 pcm This well-presented one bedroom ground floor flat offers a fantastic opportunity for first-time buyers or investors alike.
Situated in a popular residential development, the property features a spacious living room with direct access to the communal gardens, a separate fitted kitchen with ample storage, and a comfortable double bedroom with built-in wardrobe space.
The bathroom is modern and neutrally decorated, complementing the flat’s light and airy feel throughout. The property benefits from double glazing and electric heating, ensuring comfort year-round.
With an EPC rating of D (potential C), the flat is both energy efficient and easy to maintain. The lease has 87 years remaining, with an annual service charge of £815.53 and ground rent of £100.
Offered to the market chain free and vacant, this property is ready for immediate occupation.
The flat is ideal for those seeking a peaceful setting next to parks, while still enjoying excellent transport links via the nearby M27, and is only seven miles from Southampton city centre.
Council tax is band B, and the property’s potential rental income is circa £850 per calendar month, making it an attractive buy to let investment.
Externally, the flat enjoys access to well-maintained communal gardens, providing a pleasant and relaxing outdoor space for residents to enjoy throughout the year.
The gardens are perfect for unwinding after a long day, socialising with neighbours, or simply enjoying the natural surroundings.
Off street parking is available on an unallocated basis, offering convenience for residents and visitors alike.
The development is located adjacent to attractive local parks, ideal for walking, jogging, or picnics.
The communal grounds are cared for by the management company, ensuring they remain tidy and inviting with minimal effort required from residents.
The combination of peaceful green spaces, practical parking arrangements, and proximity to major road links and city amenities makes this property a superb choice for buyers seeking a blend of convenience and tranquillity.
Early viewing is highly recommended to appreciate all that this ground floor flat and its surroundings have to offer. A Buyer’s Reservation Fee forms part of any agreed purchase price.
Please contact branch for more information. nb. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property.
The property is being sold by Director’s of Move Places Ltd. 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: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
EPC Rating: D Location Flat 1, Laurence Court, 433 Fair Oak Road SO50 7AH Parking - Off Street Unallocated
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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About Flat 1, Laurence Court, Eastleigh
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