3-bedroom flat · SO15 5FB
Sold STCListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor maisonette is wonderfully located within the much requested Upper Shirley suburb of Southampton and is within easy reach of The Common, King Edward VI co educational private school, Sir Richard Taunton Sixth Form College, The General Hospital, The University Campus, Shirley's bustling and busy High Street and the city centre.
The property, which benefits from it's own private front door entrance is the ideal, low maintenance home for first time buyers, those downsizing and for any buy to let landlords looking to add to their portfolio.
The well laid out accommodation consists of an entrance hallway with stairs leading to the first floor where the landing provides access to the loft space, a handy storage cupboard, and doors to the three bedrooms, all of which are served by the four piece family bathroom.
There is a generously sized open-plan sittting/dining room/kitchen with a feature bay window which provides a great space for entertaining family and friends.
TENURE Leasehold 125 Years Unexpired Years: 107 Annual Ground Rent: £250 Ground Rent Increase: 2031 Ground Rent Review Period: Every 25 Years Annual Service: £200 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
ADDITIONAL INFORMATION Materials used in construction: Ask Agent Alterations or improvements have been carried out on the property.
For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Upper Shirley is a popular residential area with The Common found close by which offers hundreds of acres of green open space.
The mainline railway station is found just off Commercial Road and allows access to London Waterloo while The General Hospital and University campus in Highfield are easily reached.
A variety of local shops are found within the vicinity and the city centre includes the West Quay shopping mall with numerous restaurants and the Cinema de Lux.
Access points to the M3 and M27 motorways are found at the end of Bassett Avenue and Stoneham Way while the Parkway railway station is found at junction five of the M27 (opposite the international airport) and provides a fast and convenient route to London Waterloo.
A variety of schools for all ages are found nearby, including the well regarded independent King Edward VI School.
Value & comps
No previous sales on record.
Returns
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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 St James Road, Upper Shirley, Southampton, Hampshire, SO15
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