Studio flat · SO16 6AN
Sold STCReduced £5k (−4.2%) on 26 SepListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charters are pleased to bring to the market, with the added benefit of no forward chain, this modern one double bedroom first-floor apartment in the Coxford district of the city.
It is an ideal choice for first-time buyers, as well as being suitable for landlords looking to add to their portfolio, as the apartment has been successfully used for several years in the busy rental market.
Locally, the property is well served by easy access to Shirley’s vibrant high street, an array of local shops, the M3 and M27 motorway networks, and Southampton General Hospital, which is just a short walk away.
The accommodation comprises an entrance hallway with a useful built-in storage cupboard and doors leading to the sitting room with a bay window, the kitchen, and the double bedroom with a fitted wardrobe cupboard.
The property further benefits from an allocated parking space and the remainder of a 999-year lease.
Leasehold999 Unexpired Years: 989 Annual Ground Rent: £100 Ground Rent Increase: 0 Ground Rent Review Period: 0 Annual Service: £2100 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
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.
Additional information Materials used in construction: Masonry Construction For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Situated in the popular residential area of Coxford, this property enjoys a convenient location with excellent access to Southampton General Hospital, making it an ideal purchase for first-time buyers, healthcare professionals and investors alike.
The property is well positioned for Southampton City Centre, the M27 and M3 motorway networks, providing easy commuting links across the South Coast and beyond.
A range of local amenities can be found nearby, including supermarkets, convenience stores, cafés, schools and leisure facilities, while nearby Shirley High Street offers a wider selection of shops, restaurants and everyday services.
The area is also well served by regular bus routes, with Millbrook and Southampton Central railway stations both within easy reach for connections to London, Portsmouth and Bournemouth.
For those who enjoy outdoor space, Southampton Common, the Sports Centre and several local parks are all just a short drive away, offering extensive green spaces, walking routes and recreational facilities.
Combining excellent transport links with a wide range of amenities, this is a well-connected location that appeals to both owner-occupiers and tenants alike.
Value & comps
No previous sales on record.
Returns
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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 Flat 3, 82/84, Laundry Road, Southampton
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