2-bedroom flat · SO14 0FS
For saleListed 102 days
Opportunity summary
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About
PHASE 1 NOW RELEASED - PEPPERCORN GROUND RENT - FREE LEGAL FEES A BRAND NEW TWO BEDROOM WATERFRONT APARTMENT WITH BALCONY AND PARKING Meridian Waterside represents the transformation of the former Meridian Broadcasting studios site into a new generation of premium riverfront living in Southampton.
Discover contemporary living at Meridian Waterside.
Combining spacious apartments, generous private balconies, allocated parking and exceptional connectivity, Meridian Waterside offers premium city living at outstanding value.
Once home to one of the South's most recognised media institutions, the historic Riverside site is now entering its final chapter, reimagined as a contemporary residential destination overlooking the River Itchen.
All of the apartments benefit from, allocated parking and private balcony or terrace and lift access.
The kitchens are finished in a contemporary style with integrated appliances, complimented by a modern finish to the bathrooms.
Built with energy efficiency in mind each apartment has an excellent EPC rating and a 999 year lease.
The property offers a convenient location for access to major transport links as well as access to the city centre.
This is an opportunity to embrace contemporary living, whilst enjoying the benefits of riverside living with a leisurely stroll or morning run along the river walk.
Football enthusiasts will appreciate the close proximity to Southampton FC's St Marys Stadium, while West Quay Shopping Centre offers a wealth of retail and dining options and is just over a mile away.
Ocean Village Marina, Southampton's vibrant high street, and the popular bars and restaurants of Oxford Street are all within easy reach along with Southampton Central train station.
Situated on the third floor of this development, this well appointed two bedroom apartment benefits from views over the River Itchen.
Notable features include the underfloor heating, as well as a mechanical ventilation and heat recovery system, a contemporary kitchen which is well applianced, two good size bedrooms and a walk-on balcony.
Subject to early reservation an allocated car parking space can also be included. ENTRANCE HALL : Security entry system.
Built-in utility cupboard housing hot water tank and space and plumbing for automatic washing machine. Fusebox and access point for fibre internet connection.
The utility cupboard has sensor controlled lighting and power available. Wood effect flooring. Smooth plastered ceiling and recessed lighting. Underfloor heating control.
OPEN PLAN SITTING ROOM/KITCHEN : This impressive room measuring 21' 4" and having the advantage of having dual aspect with double glazed windows to two elevations offering views towards the River Itchen as well as double glazed door leading to walk-on balcony.
Underfloor heating control. Mechanical ventilation and heat recovery system. Wood effect flooring. Smooth plastered ceiling.
KITCHEN AREA : The kitchen is in a contemporary style with a range of units manafactured by Howdens to include built-in AEG oven with electric hob and feature extractor hood over.
Fitted Lamona dishwasher and built-in fridge/freezer. Single drainer sink unit with mixer tap fitting. Smooth plastered ceiling witjh recessed lighting. Wood effect flooring.
WALK-ON BALCONY : Security railing to the perimeter and offering views towards the River Itchen. BEDROOM ONE : Double glazed window offering views towards the River Itchen.
Ceiling mounted mechanical ventilation and heat recovery system. Underfloor heating control. Wood effect flooring. Under floor heating control.
BEDROOM TWO : Double glazed window offering views towards the River Itchen. Smooth plastered ceiling. Underfloor heating control. Ceiling mounted mechanical ventilation and heat recovery unit.
BATHROOM : Fitted modern suite comprising; panelled bath with mixer tap fitting and shower attachment, low level w.c. and wall mounted hand basin. Wood effect flooring. Smooth plastered ceiling.
Recessed lighting. Fitted heated towel rail. Large fitted mirror. Extractor fan. OUTSIDE : The property benefits from being situated in well tended communal grounds. Communal bin and bicycle store.
AGENTS NOTE: The main bedroom and kitchen have sockets with USB sockets and there are coaxial connections in the main bedroom and also the lounge.
The property also comes with the advantage of a 10 year ICW building warranty. The heating can be controlled with an app based system and there are shared EV chargers.
FREE LEGAL FEES The developer will meet the purchasers legal costs to a maximum of £2500 subject to instructing their nominated solicitor and for contracts to be exchanged with four weeks and completion to take place four weeks thereafter.
AGENTS NOTE The photos are of the show apartment. TENURE : Leasehold.
999 Years from 2017 Maintenance/Service Charge: PROJECTED £1384 per annum Ground Rent: Peppercorn COUNCIL TAX Southampton City Council BAND: CHARGE: YEAR: 2026/2027
Value & comps
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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.
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