We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SO14 5BZ
For saleReduced £5k (−2.6%) on 24 SepListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*No Forward Chain* Riverside House is superbly located on the banks of the River Itchen just minutes from Ocean Village and Southampton City Centre where residents can enjoy the tranquility of waterside living without compromising on local amenities and city lifestyle.
Completed in 2020, this impressive one bedroom apartment, is excellently designed throughout. On entering the property, you are welcomed by a generous hallway that has a storage cupboard.
The wonderfully provided open plan lounge kitchen diner area allows plenty of space for lounging or entertaining. The kitchen is finished to high specifications complete with integrated appliances.
The lounge space also provides access on to the balcony. In addition, there is underfloor heating throughout and a high-end video entry system.
Further externally the property offers a secure allocated car parking space and bike storage, secure entry to the block and lift to all floors, and use of the beautiful communal gardens and walkways.
A superb opportunity to enjoy stylish, low-maintenance living in a highly sought-after location. This apartment is ideal for first-time buyers and pied-a-terres alike.
Tenure Leasehold Years remaining on lease: 144 years approx. Annual Service Charge Amount: £1800 per annum approx. Ground Rent Amount: £195 (Fixed) per annum approx.
Council Tax Banding: B Material Information - Southampton Tenure Type; Leasehold Years remaining on lease; 144 years approx. Leasehold Annual Service Charge Amount £1800 per annum approx.
Leasehold Ground Rent Amount, Uplift %, Rent Review Period; £195 (fixed) Council Tax Banding; B Aml Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We outsource the initial checks to partner suppliers Coadjute who will contact you once you have had an offer accepted on a property you wish to buy.
The cost of these checks is £54 inc vat per person. This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 16 Riverside House, Thomas Blake Avenue, Southampton
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