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See how verdicts workStudio flat · SO14 2EA
For saleReduced £15k (−13.6%) on 24 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to live in the heart of Southampton, this well-presented studio apartment is situated on the first floor of a sought-after purpose-built development.
The accommodation features a good-sized lounge/dining area with an attractive bay window, creating a bright and comfortable living space.
The fitted kitchen provides ample wall and base units, while the bedroom area benefits from an en-suite shower cubicle.
Further features include electric heating, carpets throughout, useful airing and storage cupboards, a TV point and broadband connection.
Please note that there is no parking available with this property.
Ideally positioned for city-centre living, the apartment is just a few minutes’ walk from Southampton city centre and its extensive range of shops, restaurants and leisure facilities.
Waterside Park, Town Quay and Ocean Village are also within easy reach, offering a popular selection of bars and restaurants as well as marina facilities.
The property is conveniently located for the main road network, providing connections to the motorway system and onward access to Portsmouth, Bournemouth and Winchester.
Public transport links are also readily accessible, with Southampton Central Station approximately a 20-minute walk away, regular local bus services and nearby ferry connections to the Isle of Wight.
Lease : 106 years remaining approx. Ground Rent : £250 per annum Service Charge £1,600 per annum approx. Material Information - Southampton Tenure Type; Leasehold Years remaining on lease; 106 approx.
Leasehold Annual Service Charge Amount £1,600 approx.
Leasehold Ground Rent Amount: £250 per annum Council Tax Banding; B Aml Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We outsource the initial checks to partner suppliers Coadjute who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £54inc vat per person.
This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.
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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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 Castle Place, Flat 3, 117 High Street, Southampton
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