1-bedroom flat · SO30 2LR
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
100% ownership available at £175,000 introduction Offered with no forward chain, this one bedroom, first floor apartment is presented in good order throughout, including new carpet to the lounge/diner and new flooring to the kitchen, bathroom and hallway.
The accommodation comprises a light and spacious lounge/diner with a Juliet balcony, fitted kitchen, one double bedroom and a modern bathroom.
Outside there is an allocated parking space, small communal garden to the rear, as well as a bike and bin store.
Additional benefits include a video entry system, gas central heating and double glazing.
Location The property is located in Hedge End and benefits from being close to local shops, schools and amenities, including Hedge End’s train station, out-of-town retail park and the M27 motorway links.
Inside The front door opens into the entrance hall which has three storage cupboards and doors through to the lounge/diner, bedroom and bathroom.
The light and airy lounge/diner has a window and door to the front aspect enjoying a Juliet balcony.
An opening to the opposite side of the room leads through to the kitchen which has been fitted with a matching range of wall and base units.
There is a built-in double oven, gas hob with extractor over and appliance space for a free-standing fridge/freezer and washing machine.
The double bedroom has a built-in wardrobe and a window to the front, whilst the bathroom has been fitted with a white suite comprising a panel enclosed bath with shower over, wash hand basin and a WC.
Outside To the front of the property there is one allocated parking space. To the rear there is a small, lawned communal garden and access to the bike and bin store.
Additional information Lease: 107 years remaining. Charges for 60% share: £267.31pcm (£3207.72 per annum), which is reviewed annually in April.
This includes the rent, service charge, ground rent and management fees. Staircasing: There is an option to purchase a larger percentage of ownership up to full ownership at 100% for £175,000.
Please note there will be additional administration charges for staircasing, and the yearly charges will increase accordingly. Please enquire for further information.
Broadband Full fibre broadband is available with download speeds of up to 1600 Mbps and upload speeds of up to 115 Mbps. Information has been provided by the Openreach website.
Services Gas, water, electricity and mains drainage are connected. Please note that none of the services or appliances have been tested by White & Guard.
Disclaimer Buyers: If you have an offer accepted on a property through White & Guard, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks.
There is a charge of £40 + VAT for these checks per applicant.
Sellers: Upon receipt of instructions to act in the selling of your home, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks.
There is a charge of £40 + VAT per owner
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
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FAQ
About 9 Wilkins Road, Southampton
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