1-bedroom flat · SO40 9DQ
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN! Mann Countrywide present for sale a one bedroom apartment in Rumbridge Street in Totton.
The property, which is on the first floor, will most likely appeal to an investor (last rented out at £725 per calendar month in 2023) or first time buyer.
Rumbridge Street is located in the town centre and is a short walk away from Totton mainline railway station. Accomodation comprises the hall, kitchen/living room, bedroom and bathroom.
There is an allocated parking space within the bay behind the block. Ground rent is currently £70 per year, and the service charge has recently been in the region £400 per year.
with buildings insurance aranged separately. Totton (with mainline railway station) is located on the western side of Southampton.
There are good transport links with the M27 motorway leading towards Bournemouth (to the west), Portsmouth (to the east), and London (via the M3). The New Forest is within easy reach.
Hall Radiator. Access to loft space. Lounge/Kitchen Two double glazed windows to rear aspect.
Kitchen comprising stanless steel sink unit with range of fitted cupboards under, further wall mounted cupboards, roll edge worktops.
Integrated electric oven, with fitted hob, and extractor hood over. Plumbing and space for washing machine. Space for fridge. Wall mounted gas boiler. Radiator.
Bedroom Double glazed window to rear aspect. Radiator. Bathroom Double glazed frosted window to side aspect. White suite comprising panelled bath with shower over, wash hand basin, wc.
Radiator. Parking There is an allocated parking space within the bay directly behind the block.
Agent's Note The current ground rent is £70 per year and the most recent service charge has been in the region of £400 per year, with buildings insurance arranged separately.
Agent's Further Note Please note that an AML fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity anti money laundering checks.
Value & comps
No previous sales on record.
Returns
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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 Rumbridge Street, Totton, Southampton, Hampshire, SO40
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