2-bedroom flat · SO18 4ST
For saleReduced £10k (−5.6%) on 8 JulListed 119 days
Opportunity summary
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About
Tenure: Leasehold Introduction Offered to the market with no forward chain, this beautifully presented two-bedroom first-floor maisonette has been finished to a high standard throughout.
The accommodation briefly comprises an entrance hall, modern fitted kitchen, two bedrooms, lounge, and a contemporary bathroom.
Further benefits include a private enclosed garden, making this an ideal purchase for first-time buyers, downsizers, or investors.
Location Midanburyis ideally situated close to Bitterne, which offers a thriving centre with a wide range of shops, everyday amenities, and a convenient railway station.
Southampton city centre is easily accessible, providing an extensive selection of retail outlets, including the popular WestQuay shopping centre, along with a variety of bars, restaurants, cinemas, and a mainline railway station.
Southampton Airport is approximately a twenty-minute drive away, while excellent transport links are nearby, with easy access to the M27, M3, and A3 routes to London.
Inside Entering through the UPVC double-glazed front door, you are welcomed into the entrance hall, which features laminate flooring, a radiator, loft access, and doors leading to all principal rooms.
The modern fitted kitchen benefits from a double-glazed rear aspect window, laminate flooring, and a range of wall and base units with roll-top work surfaces and a composite sink.
Integrated appliances include an under-counter fridge and freezer, washing machine, oven, and hob with extractor hood over.
Bedroom one enjoys a double-glazed rear aspect window, carpeted flooring, and a radiator. Bedroom two benefits from a double-glazed front aspect window, laminate flooring, and a radiator.
The lounge is a bright and comfortable living space, featuring a double-glazed front aspect window, carpeted flooring, and a radiator.
The contemporary bathroom is fitted with an obscure double-glazed side aspect window, tiled flooring, part-tiled walls, a heated towel rail, panel-enclosed bath with shower over, WC, and a wash hand basin with storage beneath.
Outside To the front of the property, a hard-standing pathway leads to steps rising to the front entrance. To the rear, a wooden gate provides access to the private enclosed garden.
Designed with low maintenance in mind, the garden features a combination of patio, artificial lawn, and decking areas, creating a versatile outdoor space ideal for relaxing and entertaining.
Attractive flowerbed borders to the side and rear add colour and interest, while a wooden storage shed provides useful space for garden tools and outdoor equipment.
Agents note The property is leasehold, and we are advised (by the vendor) that there is a 999 year lease. (£16 Ground Rent per annum. There is no Service Charge payable).
Disclaimer – information has been given by the owner – please seek verification via your solicitor prior to purchase. Services Gas, electricity, water and mains drainage are connected.
Please note that none of the services or appliances have been tested by White & Guard.
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.
EPC Rating: D 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
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
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FAQ
About 12 Summit Way, Southampton
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