2-bedroom flat · SO18 1UG
Sold STCListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Riverdene Place! This top floor apartment is located in the heart of Bitterne Park - it enjoys partial river views and simply should not be missed!
The communal hall has stairs leading to the apartment. You are then welcomed by a good-sized entrance hall with an airing cupboard, loft access and doors to the primary rooms.
The lounge/diner is beautiful, the multi-aspect windows flood the room with natural light and offer a partial view of the River Itchen.
The kitchen has been fitted with modern gloss cabinetry and offers space for all the necessary appliances. The bathroom benefits from a window to the rear and a modern white suite.
Both bedrooms are generous and boast fitted storage. In addition to all this, there is a garage with an electric roller door and power and light connected.
There is an allocated parking space to the front. Viewing is highly recommended to appreciate everything this property has to offer. Communal Entrance Hall : Stairs rising to top floor.
Entrance Hall : Textured ceiling, hatch providing access to loft space, airing cupboard, electric heater.
Lounge/Diner 14' 6" (4.42m) x 9' 11" (3.02m):: Textured ceiling, multi-aspect UPVC double glazed window to front (enjoying partial water views) to side and to rear, electric heater.
Kitchen 7' (2.13m) x 9' 5" (2.87m):: Textured ceiling, UPVC double glazed window to rear, modern wall, base and drawer units with work surface over, stainless steel sink and drainer inset, built-in oven with electric hob over, space for washing machine and fridge/freezer.
Master Bedroom 8' 7" (2.62m) x 12' 5" (3.78m):: Textured ceiling, UPVC double glazed window to front enjoying partial water views, fitted wardrobe, electric heater.
Bedroom Two 9' 3" (2.82m) x 8' 9" (2.67m):: Textured ceiling, UPVC double glazed window to front enjoying partial water views, electric heater.
Bathroom : Textured ceiling, UPVC double glazed obscured window to rear, modern suite comprising: WC, wash hand basin and panel enclosed bath with shower over and shower screen, tiling to principal areas.
Garage : Electric up and over door. Power and light connected. Parking : One allocated parking space.
We are advised by the vendor the lease details are as follows: Lease length: 95 years remaining Service Charge: £130.04 per month Services Mains water, electricity, and drainage are connected.
For mobile and broadband connectivity, please refer to Ofcom.org.uk. Please note that none of the services or appliances have been tested by Field Palmer.
Council Tax Band Band C Sellers Position Buying On Offer Check Procedure If you are considering making an offer for this property and require a mortgage, our clients will require confirmation of your status.
We have therefore adopted an Offer Check Procedure which involves our Financial Advisor verifying your position.
Value & comps
No previous sales on record.
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 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
Agent & docs
FAQ
About Bitterne Park! Multi-aspect Lounge/diner! Garage!
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