2-bedroom flat · SO32 2ST
Sold STCListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introduction 100% ownership available at £275,000.
Offering beautifully presented accommodation throughout, this two bedroom, first floor apartment comprises a wonderful, open plan kitchen/lounge/diner with a Juliet balcony to the rear overlooking neighbouring parkland, two well-proportioned bedrooms and a modern bathroom.
Additional benefits include gas central heating and allocated parking.
Location The property is situated in the popular area of Boorley Park and benefits from being within walking distance of the Primary School, children's play park, community centre, sports pavilion and convenience store.
The pretty village of Botley is only a short drive away offering a range of shops, pubs and eateries, as well as a mainline train station.
Inside The entrance hall has a window to the front, two built-in storage cupboards and doors through to all rooms.
The generous living space provides an open plan kitchen/lounge and dining area with a Juliet balcony to the rear enjoying pleasant views over neighbouring parkland.
The kitchen has a window to the front and has been fitted with a modern range of wall and base units with a built-in oven and gas hob with extractor over, as well as appliance space for a free-standing fridge/freezer, dishwasher and washing machine.
There are two, well-proportioned bedrooms which both have windows to the rear, whilst the modern bathroom comprises a panel enclosed bath with shower and screen over, wash hand basin, WC, heated towel rail and a window to the front.
Outside To the front there is one allocated parking space, as well as communal visitors’ spaces throughout the development. Additional information Lease: 992 years remaining.
Service charge: £163.86 pcm (£1966.32 per annum), which is reviewed annually in April. Ground rent: None. Rent amount: £288 pcm (£3456 per annum) based on 25% shared ownership.
Staircasing: There is an option to purchase a larger percentage of ownership up to full ownership at 100% for £275,000. Please note there will be additional administration charges for staircasing.
Please enquire for further information. Broadband 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. Services Gas, water, electricity and mains drainage are connected.
Please note that none of the services or appliances have been tested by White & Guard.
EPC Rating: B 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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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 49 St. Andrews Road, Southampton
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