2-bedroom flat · SO15 5QU
For saleReduced £20k (−10%) on 10 OctListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning two-bedroom apartment, for sale with no onward chain.
This exceptional property is perfect for owner-occupiers seeking a modern home or rental investors drawn by its prime location near local amenities, Southampton city centre, and the mainline train station.
The apartment is accessed via a secure communal entrance with both stairs and a lift ascending to the first floor.
Upon entering, you are welcomed by a spacious entrance hall featuring built-in storage, and solid oak flooring running through the living are and both bedrooms.
The main living area is a standout feature, open plan with the kitchen it is a very sociable space and boasting an abundance of natural light courtesy of its easterly aspect.
Twin doors provide access to a private balcony with serene rear views, offering a peaceful retreat.
The modern kitchen is fitted with stylish base and wall-mounted cabinetry, contrasting work surfaces with a breakfast bar, subway style tiled splashbacks, a sink and drainer unit, and provisions for appliances.
Both bedrooms are generously sized doubles, each with an abundance of natural light courtesy of their easterly aspect.
The principal bedroom benefits from a modern en-suite shower room complete with a glazed shower enclosure, WC, wash basin, and heated towel rail, and bedroom two features a built-in wardrobe.
Additionally, a family bathroom caters to guests, offering a bath with an over-shower and screen, WC, wash basin, and heated towel rail.
Further highlights of the property include well-maintained communal areas, a bike store, and an allocated off-road parking space.
With its fresh and updated interior, contemporary design, and excellent location, this apartment represents a rare opportunity. Early viewing is highly recommended.
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
Agent & docs
FAQ
About Flat 9, Perham House, 85-87, Hill Lane, Hampshire
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