1-bedroom flat · SO15 1JS
Sold STCListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented first floor one bedroom flat offers an excellent opportunity for both first-time buyers and investors, benefiting from no forward chain and a long 948 year lease remaining.
Located within easy walking distance of the train station, the property is ideally situated for commuters and those seeking convenient access to local amenities.
The flat features a spacious double bedroom, providing comfortable accommodation and ample space for furnishings.
The bright and airy living room offers a welcoming environment for relaxation or entertaining guests, while the separate kitchen is fitted with modern units and worktops, ensuring practical and efficient use of space for meal preparation.
A well-appointed bathroom completes the internal layout, featuring contemporary fixtures and fittings.
Additional benefits include a private driveway parking space (a rare advantage in this sought-after area), as well as access to a communal garden (perfect for enjoying the outdoors in a shared setting).
The property is offered with a service charge of only £600 per annum, making it an affordable option for those looking to manage ongoing costs effectively.
Well-maintained communal areas and secure entry provide peace of mind for residents, while double glazing and electric heating ensure year-round comfort and energy efficiency.
The flat’s desirable location means you are within close proximity to a range of shops, cafes, and local services, as well as excellent transport links for easy travel further afield.
Whether you are looking to step onto the property ladder, downsize to a more manageable home, or add to your investment portfolio, this flat represents a fantastic opportunity.
With its combination of a long lease, low service charges, allocated parking, and convenient access to the train station, early viewing is highly recommended to appreciate all that this property has to offer.
For further information or to arrange a viewing, please contact our office and a member of our team will be happy to assist. EPC Rating: E
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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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 advisers 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 3, 204 Millbrook Road East, Southampton
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