3-bedroom flat · SO18 2PE
Sold STCListed 84 days
Opportunity summary
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About
INTRODUCTION Located in the highly desirable area of Midanbury, this beautiful three bedroom ground floor maisonette, is presented to and excellent standard throughout.
The accommodation comprises of an entrance hall, open plan living/dining room, kitchen, three good sized bedrooms, a bathroom and a second cloakroom.
The property also benefits from a secured private side and rear terrace and extensive communal grounds and private decked seating area (overlooking the garden), with direct access to the garden and parking.
LOCATION Midanbury is a short walk to Riverside Park and 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 Accessed via its own private front entrance, the property opens into a welcoming entrance hall with laminate flooring.
The hall provides access to all principal accommodation and benefits from a radiator.
The impressive open-plan lounge/dining room is bright and spacious, with double-glazed French doors to the rear opening onto a secure side terrace and raised decked sun terrace overlooking the communal gardens.
The room features laminate flooring, a large storage cupboard, and a radiator.
The kitchen benefits from a double-glazed window to the side aspect, laminate flooring, tiled splashbacks, and fitted lighting.
It is fitted with a range of wall and base units with work surfaces over, inset shelving, a sink with drainer, a gas hob with extractor hood over, a built-in oven, and space for a washing machine and fridge/freezer.
Bedroom one enjoys a double-glazed window to the rear aspect, laminate flooring, a built-in wardrobe, and a radiator.
Bedroom two also overlooks the rear of the property and features a double-glazed window, laminate flooring, a fitted wardrobe, and a radiator.
Bedroom three benefits from a double-glazed window to the side aspect, laminate flooring, a walk-in wardrobe, additional storage, and a radiator.
The bathroom is finished with laminate tiled flooring and fully tiled walls.
The suite comprises a panelled bath with shower over, a wash hand basin with storage beneath, a WC, a fitted vanity unit with mirror, and a heated towel rail.
The separate cloakroom has a double-glazed window to the side aspect, laminate tiled flooring, tiled splashbacks, a WC, a wash hand basin, and a towel rail.
OUTSIDE The property benefits from a private, secure terrace with a useful storage shed.
To the rear, there is a raised decked sun terrace and a designated BBQ area, both enjoying pleasant views over the well-maintained communal gardens.
There is a car park to the rear of the property, with one allocated parking space.
AGENTS NOTE The property is leasehold, (with the lease dating from 2000) and we are advised (by the vendor) that there is approx. 99 years remaining on the lease.
(£250 Ground Rent per annum/ £60 Service Charge per calendar month). 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: C 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
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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 131 Woodmill Lane, Midanbury, SO18
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