2-bedroom flat · SO50 4BX
Listing removedReduced £5k (−3.2%) on 3 SepListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two bedroom first floor apartment is situated within the popular Alexander Square development in Eastleigh, offering modern and convenient living ideally suited to first-time buyers, professionals, or investors.
The accommodation is accessed via a secure communal entrance and comprises a welcoming entrance hall leading through to a bright and spacious open-plan living and dining area, which benefits from an east-facing Juliet balcony, allowing plenty of natural morning light and providing an attractive outlook.
The adjoining modern fitted kitchen offers a range of wall and base units and ample worktop space.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from its own en-suite shower room, while the second bedroom is served by a contemporary family bathroom.
The property also benefits from recently updated flooring throughout, enhancing the modern feel of the apartment.
Externally, the development is well maintained with attractive communal grounds, and the property further benefits from an allocated parking space.
It is conveniently located within easy reach of Eastleigh town centre, which offers a wide range of shops, restaurants, and leisure facilities.
Eastleigh railway station provides direct links to Southampton and London Waterloo, while excellent road connections via the M3 and M27 make the location particularly appealing for commuters.
Tenure Leasehold 155 Years Unexpired Years: 137 Years Annual Ground Rent: £512.13 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service: £3276.48 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Additional information Materials used in construction: Ask agent Remedial work on the cladding is underway to obtain an ews certificate.
This is fully funded by the developer, and there is a letter of comfort issued by the developer For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances. Eastleigh is a small town which lies on the River Itchen between Winchester and Southampton.
It has a good range of shops as well as leisure and entertainment facilities. It is ideally located to provide convenient access to Winchester and Southampton.
There is a railway station giving access to London Waterloo, Winchester and Southampton. Communications are excellent with the M3 and M27 within easy reach.
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 advisors 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.
Area
Agent & docs
FAQ
About 78, Alexander Square, Hampshire
Explore nearby