2-bedroom house · SO15 2XE
Listing removedListed 224 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment 32 is a beautiful 2-bedroom first floor plot overlooking the leafy green The Avenue.
Its close proximity to the lift means there is easy access to the communal facilities on the ground floor such as the Bistro, the Homeowners’ Lounge and the Wellbeing Suite.
There is a Juliet balcony off the living room where you can watch the world go by. The kitchen comes complete with integrated appliances such as a Beko fridge-freezer, oven and ceramic hob.
The apartment boasts ample storage in the form of a utility cupboard and a walk-in wardrobe to the main bedroom.
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.
Council tax band: New build - Council Tax band to be determined Reservation deposit: £500 (to be offset against your initial payment and fully refundable should your Tenancy not proceed) Security deposit: £3,768 (equivalent to 5 weeks rent of the apartment only, excludes any parking space rent)
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 Flats 1 – 66, 1 Banister Road, Southampton, Hampshire, SO15 2XE
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