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See how verdicts work2-bedroom flat · SO18 2LB
Listing removedReduced £5k (−5.4%) on 21 JunListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**shared ownership** Stanford Estate Agents are delighted to offer for sale this very well presented first floor maisonette, perfectly situated in this highly sought after area, close to local schools, shops and amenities and within a very short walk of Swaythling Train Station.
This fantastic property offers spacious accommodation including two good sized bedrooms, a bright and airy lounge/diner, modern fitted kitchen and bathroom and an allocated parking space.
Offered in immaculate condition this home would make a perfect first time buy. We already have much interest in this property and internal viewings are strongly recommended to avoid disappointment.
Entrance Hall: Stairs up to first floor. First Floor Landing: Double glazed window to side aspect, storage cupboards, doors to rooms.
Double glazed window to side aspect, storage cupboards, doors to rooms. There is loft storage with telescopic ladder access.
Lounge/Diner: (15'5" x 13'10") Double glazed windows to front aspect, double radiator, coved ceiling.
Kitchen: (11'10" x 9'0) Range of modern wall and base level units with contrasting worksurfaces, stainless steel sink and drainer, gas cooker point with extractor over, space and plumbing for a fridge/freezer, dishwasher, washing machine and tumble dryer, double glazed window to front aspect, part tiled walls, wood effect flooring.
Bedroom One: (13'2" x 9'0) Double glazed window to rear aspect, radiator, coved ceiling, built in wardrobe.
Bedroom Two: (9'7" x 7'10") Double glazed window to rear aspect, radiator, coved ceiling, access to loft space.
Bathroom: Modern suite comprising panel enclosed bath with shower over, low level WC, pedestal hand wash basin, part tiled walls, heated towel rail, double glazed window to rear aspect.
Front/External: 1 x allocated parking space, plus visitor parking. There is a useful external store/outbuilding/shed to the rear of the property offering extra storage.
*The seller has provided the following lease information, however, this information should be clarified by a conveyancer/legal advisor before completing a purchase* Lease: 73 years remaining Service Charge: £47 pcm Rent: £169 pcm Other Information: Local Council: Southampton City Council Council Tax Band: A Sellers Position: Vendor suited
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.
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FAQ
About 2 Wessex Lane, SOUTHAMPTON
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