1-bedroom flat · SO45 6GQ
Listing removedListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared Ownership This superb modern home is available to buy from as little as £64,000 with a 40% share!
Offered to the market with no onward chain, this well presented first floor apartment has accommodation comprising a spacious open plan kitchen/lounge/diner with direct access to a private balcony, a double bedroom, a modern family bathroom and a separate utility room.
Further benefits include allocated parking.
Situated in a popular residential location, the property is well placed for a range of local amenities including supermarkets, cafés, restaurants and leisure facilities, with nearby parks and green spaces offering plenty of opportunities to enjoy the outdoors.
For commuters, the apartment enjoys excellent transport links with easy access to major road networks and nearby public transport services, making travel to surrounding towns and city centres straightforward.
Pricing & affordability Full Market Value: £160,000 40% Share Price: £64,000 (rent £220.00pcm) Minimum 5% Mortgage Deposit (40% share): £3,200 Approximate Service Charges: £56.66 pcm* Lease: 125 years remaining Eligibility Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property.
The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria: • Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain. *Service charges are estimated and may subject to change.
Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
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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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 advisors 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
FAQ
About Flat 4, Charlie Adams Court^,, Seward Green, Southampton
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