2-bedroom flat · SO15 2LH
For saleReduced £5k (−2.9%) on 18 OctListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the very popular Northlands Road, this two bedroom flat is definitely one not to be missed.
On the first floor of the building, the flat provides spacious accommodation in a really great location. It is currently tenanted with a gross annual yield of 7.1%.
So an ideal investment purchase but it would ideally suit a first time buyer or downsizer.
The spacious, bright living room has a lovely welcoming feeling and would equally suit relaxing after work or socialising with friends & family plus room for a dining table.
There is a small balcony through the door from the living room where you can enjoy the summer sunshine.
The modern fitted kitchen is separated from the living room by an arch over the breakfast bar giving the kitchen a feeling of space.
Here you will find an abundance of worktop & cupboard space and it is fitted with the necessary appliances - electric cooker & oven plus washing machine.
There are two double bedrooms, both with mirrored wardrobes where you can create your own escape from the hustle & bustle.
The second bedroom is a small double which would suit guests but also be ideal for a home office. Completing the accommodation is the modern bathroom with electric shower over bath arrangement.
Parking is provided on site with one spot - unallocated. Popular Northlands Road is just off Archers Road and there is easy access to the city centre by foot, car or bus.
Travel around the city is facilitated by the city's road network and further afield via the M27 and M3.
There are good local amenities within walking distance on Archers Road and in Bedford Place, with the greater selection of shopping & recreational activities in Portswood - about a mile away.
And for those relaxing walks or keep fit activities, Southampton Common is just up the road. All in all this is a great property which would both suit residential purchasers or as an investment.
Practicalities Leasehold: 999 years from September 1987 Ground rent: £50 per annum Service charge: Current £1294 per annum Council Tax Band: B EPC: C Tenants in situ on a rolling monthly basis Block Management provided by Denfords There are works being carried out on the lift for which the current owners have paid their share in full.
Please note the photographs shown here were taken prior to the start of the current tenancy.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: 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 Flat 6.., Woodlands Place, Northlands Road, Southampton
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