2-bedroom flat · SO19 7RP
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** CASH BUYERS ONLY*** INTRODUCTION Situated in the popular residential area of Merryoak, this well-presented two-bedroom ground floor apartment is offered to the market with no forward chain.
The property has been finished to a good standard throughout and benefits from an allocated parking space.
The accommodation comprises an entrance hall, two bedrooms, a modern fitted bathroom, a lounge/diner, and a modern fitted kitchen.
LOCATION Merryoak is conveniently located within easy reach of Southampton city centre, offering a wide range of shops including the WestQuay Shopping Centre, along with an excellent selection of bars, restaurants and amenities.
Southampton’s mainline railway station is easily accessible, while Southampton Airport is approximately fifteen minutes away.
The area also benefits from excellent transport links, with convenient access to the M27, M3 and A3, providing direct routes to London and the surrounding regions.
INSIDE Located on the ground floor, the property is accessed via an entrance hall featuring laminate tile flooring, two built-in storage cupboards, and access to all principal rooms.
The lounge/diner benefits from a double-glazed window to the rear, carpeted flooring, and an electric storage heater.
The kitchen features a double-glazed window to the rear, vinyl flooring, and a range of wall and base units with worktops over, along with a stainless steel sink.
There is an integrated oven and hob with extractor hood, plus space for a washing machine and fridge freezer.
The bathroom includes an obscure double-glazed window to the side, vinyl flooring, heated towel rail, panel-enclosed bath with shower over, WC, and wash hand basin.
Bedroom one has a double-glazed window to the front and laid to carpeted flooring. Bedroom two also features a double-glazed window to the front and laid to carpeted flooring.
OUTSIDE To the front of the property there is a car park providing off-road parking, including one allocated parking space for the apartment.
AGENTS NOTE The property is leasehold, (with the lease dating from 1984) and we are advised (by the vendor) that there is approx. 78 years remaining on the lease.
(£117 Ground Rent per annum / £171 Service Charge per annum). Disclaimer – information has been given by the owner – please seek verification via your solicitor prior to purchase.
SERVICES Electricity, water and mains drainage are connected. Please note that none of the services or appliances have been tested by White & Guard.
Fibre Broadband is available with download speeds of up to 76 Mbps and upload speeds of up to 15 Mbps. Information has been provided by the Openreach website.
EPC Rating: D Disclaimer Buyers: If you have an offer accepted on a property through White & Guard, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks.
There is a charge of £30 + VAT for these checks per applicant.
Sellers: Upon receipt of instructions to act in the selling of your home, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks.
There is a charge of £30 + VAT per owner
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 The Oaks, Merryoak, SO19
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