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See how verdicts work2-bedroom flat · SO14 5BZ
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £250,000 to £260,000 A well-presented two-bedroom apartment offering approximately 645 sq ft of accommodation, with two bathrooms, a private balcony and an allocated parking space.
The impressive open-plan kitchen and living area extends to over 20ft, combining a contemporary fitted kitchen with a bright and comfortable space for both relaxing and dining.
From the living area, doors open onto a private balcony, providing valuable outdoor space while allowing plenty of natural light to flow into the apartment and offering lovely views.
There are two double bedrooms, including a principal bedroom with an en suite shower room, together with a separate main bathroom.
Finished in a clean, modern style throughout, the apartment offers a practical layout, good natural light and well-proportioned rooms. An allocated parking space adds further convenience.
Riverside House is superbly located on the banks of the River Itchen just minutes from Ocean Village and Southampton City Centre where residents can enjoy the tranquility of waterside living without compromising on local amenities and city lifestyle.
Leasehold Years remaining on lease; 114 Years Approx. Service Charge Amount £2,400 per annum approx.
Leasehold Ground Rent Amount: £250 per annum Council Tax Banding; C Aml Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We outsource the initial checks to partner suppliers Coadjute who will contact you once you have had an offer accepted on a property you wish to buy.
The cost of these checks is £54 inc vat per person. This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.
Material Information - Southampton Leasehold Years remaining on lease; 114 Years Approx. Service Charge Amount £2,400 per annum approx.
Leasehold Ground Rent Amount: £250 per annum Council Tax Banding; C
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
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FAQ
About 12 Riverside House, Thomas Blake Avenue, Southampton
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