1-bedroom flat · SO14 3AF
For saleListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Royal Crescent Apartments was constructed in 2018 and is located in a prominent position in Ocean Village, close to Oxford Street and Southampton city centre.
This stylish one-bedroom apartment is located on the fourth floor and has been finished to a high standard throughout.
Upon entering the property, you are greeted by a spacious hallway, complete with engineered wood flooring and two functional storage cupboards.
The apartment boasts one, well-proportioned double bedroom, benefitting from built-in wardrobe space. Accompanying the bedroom is the modern fitted bathroom with shower over the bath.
The open-plan kitchen/dining/sitting area promotes generous, free flowing living space ideal for entertaining.
The sitting room is a bright space with a large floor to ceiling window bringing in an abundance of natural light whilst the sleek modern kitchen provides various integrated appliances.
Annual building insurance: £1,487 Leasehold Unexpired Years: 117 Annual Ground Rent: £150 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service: £1000 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
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: Brick There is an electric car charging point to the propety No gas to the property Have any alterations or improvements been carried out during your ownership?
Yes, Ask Agent 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 purchaser, 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.
Southampton is a thriving commercial port with a population in excess of 250,000 and achieved city status in 1964 due to its contribution to trade and the economy.
The city centre offers an extensive range of shopping and leisure facilities ranging from small boutique outlets to major department stores including the landmark West Quay shopping mall.
Restaurants, bars and cafes cater for every taste and the Cinema de lux offers the finest film viewing experience.
Numerous pleasant parks together with The Common, City golf course and sports centre offer a wide range of leisure opportunities with hundreds of acres of green open space.
Premier league football is played at St Marys and the Ageas Bowl is the home of Hampshire cricket hosting domestic and international matches together with live music events.
The Guildhall and Mayflower threatres host a wide and eclectic range of plays, opera, ballet and musicals and the public art gallery in the civic centre has a famous and acclaimed collection.
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
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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 D402, Royal Crescent Apartments, 1, Royal Crescent Road, Hampshire
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