2-bedroom flat · SO18 1EB
Sold STCListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale a neutrally decorated two-bedroom flat on the ground floor in Vespasian Quay, Southampton, offering river views and convenient access to local amenities.
The property features an open-plan layout with solid wood flooring, combining the kitchen and living space to create a practical area for everyday living and entertaining.
The kitchen benefits from natural light, an island and patio doors, enhancing the connection to the outside space.
Both bedrooms are doubles; one enjoys views of the river, while the other has patio doors, adding further light and flexibility of use. There is one bathroom serving the flat.
Parking is included, providing useful convenience in this riverside setting.
Vespasian Quay is situated close to attractive green spaces and riverside walks along the Itchen, popular with walkers and cyclists.
Southampton city centre, with its range of shops, restaurants and cafés, is within easy reach, as are the amenities of nearby Bitterne and Ocean Village. Public transport links are readily accessible.
Southampton Central station offers services to London Waterloo in around 1 hour 20 minutes, as well as regular trains to Portsmouth, Bournemouth and Salisbury.
Local bus routes connect the area to the city centre and surrounding neighbourhoods.
This flat is well suited to first-time buyers looking for a practical home in a riverside setting, as well as investors seeking a property in a sought-after Southampton location with strong rental appeal.
Lounge / Kitchen / Dining Area (21'3" max x 12'3" max) Bedroom One (17'4" max x 12'1" max) Bedroom Two (10'7" max x 14'5" max) Shower Room (7'0" max x 6'10" max) LEASEHOLD- 99 YEARS LEFT ON LEASE- SERVICE CHARGE- £1600 Per Annum - Building Insurance is included GROUND RENT - TBC EPC Rating - C Council Tax Band - E Disclaimer These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
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.
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FAQ
About Vespasian Quay, Southampton, SO18
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