2-bedroom flat · SO15 1HQ
No longer listedListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned two-bedroom second-floor flat, conveniently situated within easy walking distance of the city centre and the local train station.
The property offers bright and practical accommodation throughout, comprising: Entrance Hall - Welcoming hallway with doors leading to all principal rooms and a useful storage cupboard housing the hot water tank.
Living Room - A spacious reception room providing ample space for both living and dining furniture.
Kitchen - Open-plan from the living room and fitted with a range of wall and base units, an electric hob and oven, an under-counter washing machine, and a freestanding fridge/freezer, all included.
Bedroom One - A small double bedroom. Bedroom Two - A single bedroom, ideal as a home office, study, or occasional guest room.
Bathroom - Fitted with a modern three-piece suite comprising a bath with shower over, wash hand basin, and WC.
EPC RATING: D COUNCIL TAX BAND: A - SOUTHAMPTON CITY COUNCIL RENT PER WEEK: £207.69 DEPOSIT: £1,038.00 (TO BE HELD BY THE LANDLORDS UNDER PREFERRED SCHEME: DPS) Broadband: toob and Open Reach as available by OFCOM Mobile Signal: listed as available by OFCOM, or, Limited to EE, Three, O2, Vodafone Utilities: Mains supplied A holding deposit of one week's rent will be required to secure the property.
This fee is payable at the time of application for the tenancy and will be held for up to 15 calendar days whilst reference checks and preparation for the tenancy agreement are undertaken.
The holding deposit can be retained should the applicant fail the Right to Rent check, provide false or misleading information that would affect the Landlord's decision to grant the tenancy, the applicant withdraws from the tenancy, or the applicant fails to take all reasonable steps to enter into a tenancy agreement.
In Tenancy Penalty Fees apply, see website for details.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs

FAQ
About Millbrook Road East, Freemantle
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