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See how verdicts work2-bedroom flat · SO15 2PG
Sold STCListed 438 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no forward chain is this sizeable two double bedroom first floor flat located within Marshall Square which was the former home of Hampshire County Cricket Club.
The development was built circa 2002 and offers a wide range of houses and flats plus multiple communal gardens.
The spacious internal accommodation comprises of a welcoming entrance hallway with multiple storage cupboards, a light and airy open plan kitchen living room measuring nearly 40ft, the kitchen benefits wall and base units with worktop over, multiple integrated appliances, two double bedrooms both benefitting from built in wardrobes, the master bedroom benefits from an en-suite shower room and finally a three piece bathroom suite.
The property also benefits from an allocated parking space, access to a communal bike store, residential parking within the development, lift within the block, Gas central heating and double glazed windows throughout.
ENTRANCE HALL : Doors to open plan kitchen/living room, both bedrooms and bathroom. Storage cupboard housing electrical fuse board. Airing cupboard with gas boiler within. Radiator.
Smooth walls and ceiling. OPEN PLAN KITCHEN/LIVING ROOM 39' 8" (12.09m) x 13' (3.96m):: Dual aspect double glazed windows and doors to front and rear aspect. Tiled flooring within kitchen area.
Matching wall and base units with worktop over. Integrated dishwasher, fridge/freezer, electric oven, four ring gas hob with extractor over. Radiators. Smooth walls and ceiling. Sink and drainer.
Tiled splash back. TV and Broadband sockets. BEDROOM ONE 14' 5" (4.39m) x 11' (3.35m):: Double glazed window to front. Built-in wardrobes. Smooth walls and ceiling. Radiator. T.V. point.
Door to:- EN-SUITE SHOWER ROOM : Tiled walls and flooring. Raised shower cubicle with folding glass door, w.c. and ceramic wash basin. Smooth walls and ceiling. Radiator. Extractor fan.
BEDROOM TWO 12' (3.66m) x 10' (3.05m):: Double glazed windows to rear aspect. Built-in wardrobe. Radiator. Smooth walls and ceiling. T.V. point. BATHROOM : Tiled walls and flooring.
Panelled bath with mixer tap shower over, ceramic wash basin. Smooth walls and ceiling. Extractor fan. Radiator.
OUTSIDE The property faces onto central water feature located in the centre of the square with established and mature plantings plus multiple communal gardens within the development.
An allocated parking space and residential parking. Access to communal bike store. TENURE : 999 years from 1st May 2002 Service Charge: £1.897.50 per annum Ground Rent: £360 per year.
COUNCIL TAX : BAND: D CHARGE: £2,266.44 YEAR: 2025/26
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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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
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FAQ
About Banister Park, Southampton
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