Modern Method of Auction
Auction date not yet published
2-bedroom flat · SO18 1ER
For saleReduced £45k (−20%) on 9 OctListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional two double bedroom luxury retirement apartment, enjoying beautiful water views and an enviable position within this prestigious development by McCarthy Stone, offered to the market with no forward chain.
Beautifully positioned towards the front of the development, the apartment benefits from enhanced privacy and captivating river views from all principal rooms.
Immaculately presented throughout, the property offers generous and well-balanced accommodation, finished to an exemplary standard.
The impressive principal bedroom features a walk-in wardrobe, a well-appointed en-suite, and direct access to a private balcony - the perfect place to enjoy the tranquil outlook.
The second double bedroom also enjoys delightful views across Riverside Park and the River Itchen.
The elegant lounge/dining room provides a superb living and entertaining space, flooded with natural light and framed by multiple aspects overlooking the river and surrounding greenery, creating a calm and uplifting environment.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Residents of this exclusive development further benefit from a range of thoughtfully designed communal facilities, including a stylish residents’ lounge, beautifully maintained gardens, a laundry room, and a guest suite for visiting family and friends.
Ideally situated in the highly sought-after area of Bitterne Park, the property is just moments from the vibrant Bitterne Triangle, offering a charming selection of independent shops and everyday conveniences.
Scenic walks can be enjoyed at nearby Riverside Park, with its open green spaces and picturesque riverside setting along the River Itchen.
Excellent transport links are close at hand, with convenient bus routes providing easy access to Southampton city centre, while the M27 and M3 motorways are within easy reach, offering swift connections further afield.
A superb opportunity to acquire a refined and low-maintenance home within a prime waterside setting. These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £96 inc.
VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection.’’
Value & comps
No previous sales on record.
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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 starting price
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 advisors 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 Flat 30, The Boathouse, 100, Riverdene Place, Hampshire
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