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See how verdicts work1-bedroom flat · SO18 2ET
No longer listedReduced £10k (−8.3%) on 3 SepListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Introduction Situated in the popular residential area of Townhill Park, this well-proportioned ground floor one-bedroom flat offers an excellent opportunity for first-time buyers, investors or those looking to downsize.
The property provides well-planned accommodation comprising an entrance hall, spacious lounge, fitted kitchen, double bedroom and shower room.
Further benefits include access to a communal courtyard and a purpose-built private storage shed.
Location Townhill Parkis ideally situated close to the popular suburb of Bitterne, offering a wide range of shops, amenities, well-regarded schools and a railway station.
Southampton city centre is within easy reach, providing extensive shopping and leisure facilities including Westquay Shopping Centre, along with a variety of bars, restaurants and cinemas.
Excellent transport links are nearby, with convenient access to M27 motorway, M3 motorway and the A3 road, while Southampton Airport is approximately a 20-minute drive away.
Inside The property is entered via a wooden front door into a welcoming entrance hall, featuring carpeted flooring, an electric radiator and doors leading to all principal rooms.
The fitted kitchen benefits from a double-glazed window and laminate flooring. It is equipped with a range of wall and base units complemented by roll-edge work surfaces and a stainless steel sink.
There is space and plumbing for a washing machine, fridge freezer and cooker.
The lounge is a bright and comfortable reception room, benefiting from a double-glazed window, carpeted flooring and an electric radiator.
The generous double bedroom also benefits from a double-glazed window, carpeted flooring and an electric radiator, providing a comfortable and versatile space.
The shower room is fitted with a shower enclosure, low-level WC and wash hand basin. The room benefits from tiled flooring and an obscure double-glazed window.
Outside To the front of the property, a hardstanding pathway leads to the entrance, with surrounding communal areas predominantly laid to lawn.
To the rear of the block is a communal courtyard providing a useful outdoor space for residents, together with communal washing lines.
The property also benefits from a purpose-built storage shed, providing valuable additional storage space.
Agents note The property is leasehold, (with the lease dating from 1989) and we are advised (by the vendor) that there is approx. 88 years remaining on the lease.
(£10 Ground Rent per annum/ £59 Service Charge per calendar month). Disclaimer – information has been given by the owner – please seek verification via your solicitor prior to purchase.
Services 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
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
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FAQ
About 1 Meggeson Avenue, Southampton
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