1-bedroom flat · SO14 2BW
Sold STCListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A pleasant one bedroom apartment being sold as an investment, currently let at £750 pcm, offering a 9% gross return on investment, set in a very central Southampton location.
Upon entering the ground-floor property, you are greeted by an entrance hallway which provides access to all rooms. The open-plan lounge/kitchen/dining space measures 14'10" x 13'2".
The property also benefits from a modern bathroom and bedroom. In recent years, the property has been refurbished and is presented in a clean and fresh condition.
The property may be sold with an ongoing tenancy, providing investors with immediate and consistent income.
Castle Way in Southampton is a central city route and location that places you right by key transport links and urban amenities, making it a very convenient spot for navigating the city.
It sits just south of Westquay, one of the South Coast’s major shopping, dining and entertainment destinations with over 80 shops, dozens of cafés and restaurants, plus leisure attractions like cinema and bowling all within a short walk.
This means that from Castle Way you’re only minutes on foot from high-street stores, food options, services and transport hubs, as well as nearby bus stops serving the wider city.
Southampton City Council - Band A All main services are connected From Westquay Shopping Centre, exit onto Harbour Parade and turn right, following signs for the city centre.
Continue straight and cross the roundabout onto Western Esplanade. After a short distance, take the next left onto Castle Way.
Continue along Castle Way, where the property will be found shortly along the road. Agents Note The property is leasehold held on the remainder of a 975 year lease.
Service Charge £1716 per annum.
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 Castle Way, Southampton, Hampshire, SO14
Explore nearby