2-bedroom flat · SO15 0LR
Sold STCListed 225 days
Opportunity summary
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About
TWO BEDROOM TOP FLOOR FLAT GUIDE PRICE £120,000 - £125,000 Goadsby are delighted to bring to the market this well-presented and generously proportioned two-bedroom top-floor flat, tucked away in a quiet and desirable cul-de-sac in Old Redbridge.
Offering a wonderful combination of space, comfort and convenience, this appealing home represents an excellent opportunity for first-time buyers, downsizers or investors seeking a low-maintenance property in a well-connected location.
On entering the flat, you are greeted by a welcoming hallway that immediately sets the tone for the rest of the accommodation.
The hallway benefits from built-in storage cupboards, ideal for coats, shoes and household items, helping to maintain a tidy and organised feel throughout.
The large living/dining room forms the heart of the home and provides a versatile layout to accommodate both lounge and dining furniture with ease.
With its abundance of natural light and generous proportions, this space is perfect for unwinding after a long day, hosting family and friends or enjoying meals together.
The room flows effortlessly into the fitted kitchen, creating a sociable arrangement that enhances the property's suitability for entertaining.
The kitchen itself is well-equipped, offering ample wall and base units for storage, practical worktop space and a fitted electric oven with hob.
There is also designated space for freestanding appliances, making the room functional and adaptable to a variety of lifestyle needs.
Both bedrooms are a good size, each offering flexibility for use as sleeping accommodation, a home office or a combination of both.
With room for wardrobes and additional storage, they provide comfortable and tranquil spaces to retreat to.
The modern three-piece bathroom is designed to maximise practicality and style, featuring a toilet, pedestal wash-hand basin with handy integrated storage, a mirrored cabinet and a bath with an attached shower.
Thoughtfully designed shelving and cupboards offer further storage options, ensuring a clean and clutter-free environment.
Additional advantages of this lovely home include double glazed windows throughout, electric heating, access to a communal garden perfect for enjoying the outdoors and an allocated parking space for added convenience.
A secure entry system provides peace of mind, making the flat ideal for those seeking a safe and quiet setting.
Old Redbridge is a popular and well-established residential area positioned just moments from excellent transport links and everyday amenities.
Southampton city centre can be reached in approximately five minutes by car, offering a wealth of shopping facilities, including major retailers at West Quay and the vibrant dining and entertainment options at Watermark West Quay.
The area also benefits from a selection of gyms, swimming pools and leisure centres, as well as easy access to local parks, the waterfront and major road networks including the M27 and M271.
Additional Information Tenure: Leasehold Lease Remaining: 86 years Half Yearly Service Charge: £592.97 Half Yearly Reserve Fund: £394.44 Annual Ground Rent: £100 Parking: Residents Utilities: Mains Electricity Mains Water Drainage: Mains Drainage Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: A DRAFT DETAILS We are awaiting verification of these details by the seller(s).
ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER.
YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
Value & comps
No previous sales on record.
Returns
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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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