1-bedroom flat · SO19 9UU
Sold STCListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**70% SHARED OWNERSHIP** Stanford Estate Agents are delighted to present this impressive one bedroom apartment in Centenary Quay.
The property is immaculate throughout and boasts a sun terrace and allocated off road parking.
Entrance Hall: Smooth plaster ceiling, doors leading to sitting room, master bedroom and bathroom, storage cupboard housing washing machine and various power points.
OPEN PLAN LOUNGE/KITCHEN/DINING ROOM: (23'6" x 11'6") Smooth plaster ceiling, double glazed door to rear aspect leading to the sun terrace, television point, telephone point, radiator, a range of wall mounted & base level units, roll top work surfaces, built in fridge/freezer, built in dishwasher, built in electric hob & electric oven with extractor hood above, stainless steel sink with mixer tap above, tiling to principle areas.
Master Bedroom: (16'2" x 9'0") Smooth plaster ceiling, double glazed window to rear aspect, radiator, television point, telephone point, built in wardrobe.
Bathroom: Smooth plaster ceiling, extractor fan, heated towel rail, part tiled walls, panel enclosed bath with shower above, low level WC, wash hand basin. Outside Secure allocated off road parking.
Across the street is a large supermarket, coffee shop and retailers, as well as a local gym.
A 10 minute drive or 20 minute walk into the centre of town, a 10 minute walk to Weston shore, 3 minute walk to Woolston train station & 10 minute drive to Victoria country park.
The total monthly charges from the 1st April 2023 payable to Home Group are *£422.81 and are broken down as follows: * Rent- £283.71 * Management charge - £5.75 * Service charge - £133.35 The above charges are reviewed annually and usually increase on 1st April.
(Charges from 1st April 2022 to 31st March £396.82) Ground rent Per Annum : £150 Eligibility: 1: Minimum deposit requirement - 5% 2: Total household income needs to be under £80,000 3: Priority for affordable housing is given to housing association or local authority tenants, first time buyers or members of the armed forces.
Applicants relocating to the area for work purposes where property prices do not allow them to buy a suitable home for their family size or applicants going through a relationship breakdown will also be considered.
If you have more than one person interested, please allocate on this basis. We can advise on appointing a buyer if required.
Please only send your appointed buyer in the first instance and advise other interested parties of their reserve status.
4: Any applicants that currently own a property must have a sale agreed on their current property before they can be considered.
5: Applicants must be registered with the local Help to Buy Agent for the area.
6: Applicants must not currently own a home anywhere in the world, unless a court order forces them to remain on the deed of a property where their children reside.
7: Applicants must be unable to afford to buy a property suitable for their family size on the open market.
8: The Shared Ownership home they are looking to buy must be their principle or only home and they may not sublet all or part of it.
9: Applicants must be financially able to buy the property and pass a financial assessment and secure a mortgage if applicable.
10: Applicants should also be a British or EU/EEA citizen, or have indefinite leave to remain, Customers who have indefinite leave to remain who are interested in buying a home must be able to demonstrate that they are able to raise a mortgage with an acceptable lender.
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 Keel Road, Southampton, Hampshire, SO19
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