Flat 1, Armadale House, Kent Street, Southampton, SO14 5ST

A fantastic opportunity for investors, this ground floor purpose-built studio apartment is ideally situated, within easy reach of Southampton City Centre and local amenities.

The property has been very sought after and presents a high-yielding rental investment, currently let for £750 per calendar month, with scope to increase following minor improvements.

Offered to the market with no onward chain, the apartment is available for sale via the modern method of auction in partnership with iam sold, providing a secure and transparent route to purchase.

Whether you’re looking to expand your portfolio or make your first investment, this well-located studio with strong rental potential and excellent transport links makes for a smart and accessible opportunity.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`).

Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT.

This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.

These services are optional