1-bedroom house · SO15 2XE
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment 26 is a beautiful 1-bedroom first floor plot overlooking Banister Road. There is a private balcony off the living room where you can watch the world go by.
The separate kitchen comes complete with attractive integrated appliances such as a Beko fridge-freezer, oven and ceramic hob.
The apartment benefits from additional storage in the form of a utility cupboard and a walk-in wardrobe with shelving and hanging space.
The spacious walk-in shower room is fitted with a heated chrome towel warmer and wall hung Victoria mirror and decorated in neutral and light décor with a natural oak design worktop to the vanity unit.
All apartments are fitted with safety and security features such as 24-hour emergency call systems, emergency pull switches and intruder alarms as standard.
This is a leasehold property with a term of at least 990 years from and including 8 th October 2024 .
Shared Ownership allows you to buy a share of your home of between 10% and 75%, reducing the amount you have to pay upfront. If you buy a 75% share you’ll enjoy your home rent free.
For smaller shares you will pay some rent.
Discover Retirement Living with a big PLUS At our Retirement Living Plus communities you'll gain a new home with less upkeep, fewer worries and more time for what matters most.
Because life changes over time, our services can adapt with you, always on your terms.
Our dedicated on-site team are there when you need them, while flexible Lifestyle Services provide support from help around your home to personal care. How will Retirement Living Plus help me?
Feel safe with a 24/7 emergency alarm, friendly staff on-site day and night, and a CQC Registered Manager Flexible support with shopping, collecting prescriptions and everyday tasks A chef-run bistro/restaurant serving subsidised seasonal food daily in a stylish, sociable setting (friends and family are welcome too!) Example share pricing: £122,500/£281 pcm (50% example share/50% rent) £183,750 (75% example share/no rent) Other shares available SAP Rating - up to 85
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 Flats 1 - 66, 1 BANISTER ROAD, Southampton, SO15
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