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See how verdicts work2-bedroom flat · SO15 7PY
For saleReduced £5k (−2.4%) on 6 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Looking for a well laid out, spacious flat in a quiet location but with easy access to the city centre and with good amenities on your doorstep?
Well your search is over with this fantastic two bedroom ground floor flat located in a quiet cul-de-sac just off Hill Lane.
With your own front door, this lovely ground floor flat will certainly tick those boxes.
The large comfortable living room provides space to relax or socialise in style with room for comfortable seating and dining.
Benefiting from dual aspect windows, the room is bright & airy with sliding doors leading out onto a private patio overlooking the communal gardens.
Look forward to testing your inner chef in the separate fitted kitchen which has good cupboard & worktop space and comes with electric cooker, washing machine & under counter fridge.
Each bedroom is a good sized double with built-in wardrobes and completing the accommodation is the wet-room style bathroom with electric shower.
The additional internal and external storage cupboards are an added practical bonus. The flat comes with a garage and there is also good parking to be found in and around the cul-de-sac.
Lincoln Court is a quiet cul-de-sac in a really convenient location - enjoy a quiet afternoon as you soak up the sun on your patio or alternatively venture over to Southampton Common just across the road with a relaxing walk or more strenuous keep fit activities.
There are good locals shops closeby at the roundabout where the Winchester Road joins Hill Lane – Sainsburys Local, Uptons of Bassett along with coffee shops and restaurant.
Southampton General Hospital is also within walking distance being just over a mile away and there is easy access around and away from the city with the good road network, the M27 & M3.
The flat is currently tenanted at an annual rent of £14,400 which gives a gross yield of 7%. It has always let well with tenants enjoying the great mix of good accommodation and location.
The flat would also be a great purchase for a residential purchaser - first time or looking to downsize.
Please note the photos shown were taken prior to the start of the current tenancy practicalities Tenure: Leasehold with Share of the Freehold Lease: 195 years from 1st May 2005 (173 years remaining) Ground rent: Zero Service Charge: Current £1140 per year EPC Rating: D No Chain Heating : Electric heaters Council Tax Band: D 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.
Successful buyers will be required to complete online identity checks provided by our compliance partner. The cost of these checks is £72 inc.
VAT per check which is paid in advance directly to the provider. This charge verifies your identity in line with our obligations as agreed with hmrc. EPC rating: D.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 2., Lincoln Court, Southampton
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