1-bedroom flat · SO17 1AP
Sold STCListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Offered for sale with no forward chain, this well-presented one bedroom ground floor apartment represents an ideal opportunity for first-time buyers or those seeking a low-maintenance home in a highly convenient location.
Available on a 75% shared ownership basis at £86,250, the property offers an affordable route to homeownership within easy reach of Portswood High Street and its array of shops, cafes, and amenities.
The apartment is situated within a well-maintained development and benefits from communal parking for residents.
Upon entering, you are welcomed into a spacious entrance hall with useful storage and access to all principal rooms.
The generously proportioned living room provides a comfortable and versatile space for both relaxation and dining, with a large window allowing for plenty of natural light.
The kitchen is fitted with a range of modern units and work surfaces, as well as space for essential appliances (ideal for those who enjoy cooking at home).
The double bedroom is well-sized and offers ample room for bedroom furniture, while the contemporary bathroom features a white suite with a shower over the bath, tiled surrounds, and a heated towel rail.
The property is neutrally decorated throughout, creating a bright and inviting atmosphere that will appeal to a variety of buyers.
Additional benefits include double glazing and electric heating, ensuring comfort and efficiency all year round.
The apartment is located on the ground floor, which will particularly suit those seeking step-free access or wishing to avoid stairs.
The development is managed by a reputable housing association, with the shared ownership scheme providing a flexible and accessible way to get onto the property ladder (full details of eligibility and rent payable on the remaining share are available on request).
The location is particularly convenient, with Portswood High Street just a short walk away, offering a wide selection of supermarkets, independent shops, restaurants, and transport links to Southampton city centre and the university.
This property is offered with no forward chain, enabling a swift and straightforward purchase process.
Viewing is highly recommended to fully appreciate the space, condition, and value for money on offer with this excellent one bedroom apartment.
Please contact our office to arrange your appointment or for further information regarding the shared ownership scheme and eligibility criteria. EPC Rating: C
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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FAQ
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