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See how verdicts work1-bedroom flat · SO40 3DP
For saleReduced £2k (−1.4%) on 29 JulListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Chain! Mann Countrywide present for sale a one bedroom first floor apartment (at the end of a row) within Springdale Court (a managed block with a lift) in the centre of Totton.
Accommodation comprises the hall, refitted kitchen and shower room, living room and bedroom (with built in wardrobe).
There is a communal lounge and laundry room, and superb communal grounds which are mainly laid to lawn. There is a car park within the development.
Totton (with mainline railway station) is located on the western side of Southampton.
There are good transport links with the M27 motorway leading towards Bournemouth (to the west), Portsmouth (to the east), and London (via the M3).
Southampton is approximately five miles away, whilst The New Forest is within easy reach. Hall Electric radiator. Airing cupboard. Storage cupboard.
Kitchen (3.09m x 2.17m) Double glazed window to side aspect. Kitchen comprising sink unit with range of fitted cupboards and drawers under, further wall mounted cupboards, roll edge worktops.
Integrated electric oven, with fitted hob, and extractor hood over. Space for fridge freezer. Living Room (4.25m x 3.16m) Double glazed window to rear aspect. Marble fire surround. Electric radiator.
Television point. Bedroom (3.81m x 2.77m) Double glazed window to rear aspect. Built in wardrobe. Electric radiator.
Wet Room Suite comprising walk in 'Mira' shower (with seat and screen), wash hand basin, low level wc.. Heated towel rail. Extractor fan.
Communal Grounds The communal grounds are mainly laid to lawn, with the driveway leading to the parking bay at the back of the development. There is a communal lounge and laundry room.
Agent's Note The property benefits from the residue of a 125 year lease from June 1988.
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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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
Agent & docs
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FAQ
About Flat 21, Springdale Court, 16, Water Lane, Southampton
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