2-bedroom flat · SO15 2LR
Sold STCListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the leafy surroundings of Banister Park, Bourne Place is an attractive development built by Linden Homes in 2009.
This well-presented two-bedroom second-floor apartment offers modern, comfortable living and would make an ideal purchase for first-time buyers, those looking to downsize or investors alike.
The property is offered for sale with no forward chain. Accessed via the tree-lined Archers Road, the development provides a welcoming setting, complemented by well-maintained communal gardens.
Internally, the apartment boasts a light and spacious lounge/diner, with doors opening onto a private balcony, creating an ideal space to relax or entertain.
The well-equipped kitchen benefits from a useful storage cupboard, alongside plumbing for a washing machine.
The generous principal bedroom features fitted wardrobes and a private en-suite shower room, while the second double bedroom is served by a separate family bathroom, making the layout both practical and versatile.
Further benefits include an allocated parking space.
Conveniently positioned for access to Southampton city centre, the property is within walking distance of the mainline railway station, with local transport links close at hand.
Southampton Common is also easily accessible, along with the M3 and M27 motorway networks, making this an excellent choice for commuters and those seeking convenient city living.
Additional information Materials used in construction: Ask agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser have an offer accepted on a property marketed by us, they will be required to complete an identification check in line with Anti Money Laundering Regulations.
This is a legal requirement and is carried out via a specialist third-party provider. The cost is £60 inc.
VAT per purchaser, payable in advance once an offer is agreed and prior to the sales memorandum being issued. This fee is non-refundable.
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.
Leasehold Unexpired Years: 107 Annual Ground Rent: £250 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service: £2512 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.
Southampton is a vibrant coastal city offering an excellent blend of history, culture and modern amenities.
The city centre provides an extensive range of shops, restaurants, cafés and leisure facilities, alongside the popular Westquay Shopping Centre.
Residents can enjoy a variety of attractions, including the historic city walls, SeaCity Museum and Mayflower Park, with its waterfront views.
Southampton Central railway station offers convenient links to London and other major destinations, while the M3 and M27 provide easy access to the wider motorway network.
The city is also home to several well-regarded schools, Southampton General Hospital and the University of Southampton.
With its marina, green spaces and proximity to the beautiful New Forest and surrounding coastline, Southampton is an appealing location for a variety of buyers.
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 Archers Road, Hampshire
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