2-bedroom flat · SO50 5GR
Sold STCListed 217 days
Opportunity summary
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About
A 2 bedroom second floor apartment in a stylish block of similar properties within easy walking distance of the town and a mainline railway station.
Fast access is available to the M3 & the M27 and to Southampton (Eastleigh) airport. The master bedroom is en suite, and a full bathroom serves the second bedroom.
French doors open from the lounge to a mock balcony. Entrance Hallway - Smooth plastered ceiling, ceiling light point, single panel radiator.
Wall mounted 'Worcester Comforf RF' heating control thermostat, security door intercom system.
A cupboard opens providing useful shelving and storage, a second cloaks cupboard opens housing the electric consumer unit. All internal doors are of a four panel design.
Lounge - 4.62 x 3.15 (15'1" x 10'4") - Smooth plastered ceiling, two ceiling light points, upvc double glazed window to the front aspect and upvc double glazed opening doors to a Juliette balcony, provision of power points, television, telephone point.
Double panel radiator. Fom here an opening leads to the kitchen.
Kitchen - 2.13 x 2.72 (6'11" x 8'11") - The kitchen is fitted with a range of light wood 'Beech' effect fronted cupboard and drawer base units, heat resistant worksurface with a matching range of wall mounted cupboards over, inset stainless steel sink unit with drainer and a mono bloc mixer tap over.
Four burner electric hob 'Whirlpool' extractor hood over. 'Logic' fan assisted oven, space and plumbing for an automatic washing machine, space for a tall fridge freezer.
Smooth plastered ceiling, ceiling light point, linoleum floor covering and ceramic glazed splashback tiling.
Family Bathroom - 2.01 x 2.01 (6'7" x 6'7") - Recently re-fitted 3 piece white suite comprising wash hand basin set within a vanity unit with storage below, low levec dual push wc, 'P' shaped bath with glass and chrome shower screen over and thermostatic mixer taps and shower attachment.
Smooth plastered ceiling, ceiling light point, extactor fan, linoleum floor covering, chrome heated towel rail.
Inner Hallway - Smooth plastered ceiling, ceiling light point, a four panel door opens to a the bedroom with a second door opening to the ensuite Bedroom 1 - 3.25 x 2.37 (10'7" x 7'9") - Smooth plastered ceiling, ceiling light point, upvc double glazed window to the front aspect, double panel radiator, provision of power points.
Ensuite - Fitted with a three piece white suite comprising wash hand basin set within a vanity unit, close coupled wc with dual push flush, shower enclosure accessed by a glass folding screen with thermostatic shower valves within.
Smooth plastered ceiling, ceiling light point, extractor fan, linoleum floor covering, single panel radiator.
Bedrooom 2 - 3.39 x 3.13 (11'1" x 10'3") - Smooth plastered ceiling, ceiling ligh point, upvc double glazed window to the front aspect, double panel radiator, provision of power points.
Tenure - This leasehold property has 131 Years Remaining on the lease. Ground rent £200 per annum. Service Charge £2,600 per annum paid in two instalments. Council Tax Band B -
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.
Area
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FAQ
About Stranding Street, Eastleigh
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