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See how verdicts work2-bedroom flat · SO18 4ST
For saleReduced £10.1k (−11.2%) on 19 SepListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Two-bedroom flat in Summit Way, Midanbury, offering great potential and in need of full renovation.
A fantastic project with two spacious bedrooms, kitchen, and bathroom - ideal for investors or buyers looking to add value.
Description Situated in the popular residential area of Summit Way, Midanbury, this two-bedroom flat presents an exciting opportunity for buyers looking to create a home tailored to their own taste and style.
Requiring renovation throughout, the property offers fantastic potential and would make an ideal project for investors, first-time buyers, or anyone keen to add value.
With a well-proportioned layout, the flat provides a solid foundation to transform into a modern and comfortable living space.
The accommodation comprises two spacious bedrooms, both offering generous proportions and plenty of natural light, a kitchen area ready to be redesigned, and a bathroom in need of updating.
Each room offers scope for improvement, allowing the new owner to fully re imagine the interior.
Located in a convenient and well-connected part of Midanbury, the property benefits from easy access to local amenities, transport links, and nearby green spaces.
This is a fantastic opportunity to acquire a property with great potential in a sought-after location - perfect for those looking to invest or take on a rewarding renovation project.
Lounge Double glazed windows to front and side aspect. Kitchen Double glazed window to front aspect. Wall and base units. Sink and drainer. Integrated electric oven and hob.
Bedroom 1 Double glazed window to side aspect. Bedroom 2 Double glazed window to front aspect. Built in wardrobe. Bathroom Double glazed window to front aspect. WC. Wash hand basin.
Bath with electric shower. Lease details are currently being compiled. For further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 27, Summit Way, Southampton
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