We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SO19 6RP
Listing removedListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** For Sale By Online Auction** Pre Auction Offers Considered** This one bedroom, first floor flat with allocated parking is ideally located in a quiet cul-de-sac, within walking distance to the local amenities of Thornhill.
Wider facilities can be found in Southampton City Centre, commutable in around 15 minutes thanks to the areas excellent transport links.
The apartment comprises of a living/dining room, kitchen, double bedroom and bathroom with shower over the bath.
In addition residents can make use of the well presented communal gardens, bike and bin stores. Outside - Communal grounds. Communal bin stores. One allocated space plus visitor bays.
Secure entry intercom. Hallway - Wooden front door. Carpet. Skirting boards. Secure entry intercom. Two storage cupboards, one of which houses the water tank. Access to breaker switches.
Doorway to all rooms. Bedroom (13' 3" x 8' 8") or (4.05m x 2.64m - Window to front. Carpet. Skirting boards. Built-in wardrobe and storage system. Storage heater.
Bathroom (6' 3" x 5' 9") or (1.91m x 1.75m) - Vinyl flooring. Skirting boards. White pedestal. Wash basin with chrome taps. Low level WC and cistern. Panel bath with shower above.
Wall mounted electric fan heater. Living/Dining Room (17' 7" x 10' 10") or (5.35m x 3.30m) - Window to front. Carpet. Skirting boards. Storage heater. Archway opening to kitchen.
Kitchen (7' 7" x 6' 3") or (2.30m x 1.91m) - Window to front. Vinyl flooring. Wall and base units. Work surfaces. Stainless steel sink and drainer with chrome taps. Tiled splash backs.
Space for freestanding cooker. Space for fridge freezer and washing machine. Additional Information - Southampton City Council Tax Band A £1587.65 2026/27 charges.
No Forward Chain - Potential Rental Income Of £725pcm Lease Length - 66 Years Remaining On The Lease Ground Rent - £250pa Service Charge - Approximately £2,100pa Traditional Terms & Conditions - This property is for sale via Online Auction.
This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform.
The auction will run for 3 hours on a set date and time chosen by the vendor of the property.
The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount.
Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5,940 inclusive of VAT.
The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives.
We strongly recommend that you review the legal documents prior to bidding and seek legal advice. Please remember that the reservation fees are payable in addition to the sale price.
Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability.
Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid.
Properties may be sold prior to public auction if an offer is accepted by the vendors.
**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.
**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold.
In normal circumstances the reserve price should be no more than 10% above the guide price.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 40, Barrow Down Gardens, Southampton
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