2-bedroom flat · SO14 2NW
To rentListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin & Co are pleased to present this 2 bedroom purpose built, first floor flat within a modern complex in the heart of Southampton City. Ideally located for bars and shops.
There is no parking at this property This is a very large two bedroom 1st floor apartment. Rear facing, so quiet.
The Lounge/ Diner would not be out of place in a large four bedroom house and is certainly the largest we have seen in a two bedroom flat. Opening off this room is the fairly compact kitchen.
It is well fitted with modern beech fronted units, electric hob, oven and cooker hood. The fridge/freezer and Washer/dryer are built in and there is space and plumbing for a dishwasher.
The master bedroom has a spacious en-suite shower room with white suite. Both bedrooms are generous double sized.
The main Bathroom is fully tiled with ceramic tiles to the floor and there is a proper shower fitted over the bath.
Storage is provided in two cupboards opening off the entrance hall and the block has a secure bicycle store. There is no parking allocated for this flat.
However, the Gloucester Square public car park is right behind Telephone House and a season ticket is available for residents at the discounted price (You are advised to make your own enquiries) From Southampton Town Quay go across the traffic lights and head up the High Street, Telephone house is 50 yards on your right.
The main entrance is round the corner in Briton Street.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 3 Telephone House, 70, High Street, Southampton
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