1-bedroom flat · SO15 5RY
Sold STCListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ONE BEDROOM FLAT The property is in need of some updating but provides a solid foundation for those looking to make it their own. A particular benefit to this property is the updated lease terms.
The seller has proactively secured a Deed of Variation, meaning the ground rent is now linked to the Retail Price Index (RPI).
This ensures the property remains fully compliant with the latest mortgage lending requirements, offering long-term security and a smoother transaction for any prospective buyer.
Welcome to Byron Court, a well-located residential development just off Hill Lane, listed by Goadsby estate agents in Southampton, offering a practical one-bedroom first-floor flat.
The property is in need of some updating but provides a solid foundation for those looking to make it their own.
Situated close to Southampton city centre, with no chain, the transaction process is straightforward, allowing buyers to move in without unnecessary delays.
The accommodation comprises a lounge, kitchen, bedroom, and bathroom, providing the essentials for comfortable living.
The lounge serves as the central living space, and the kitchen offers functionality with potential for modernisation. The bedroom is a quiet retreat, and the bathroom provides practicality.
Allocated parking adds a convenient feature to this property. In summary, Byron Court's one-bedroom flat is a practical and flexible option. Explore the potential and make it your own.
For further information and to book a viewing, call Goadsby Estate Agents in Southampton.
Additional Information Tenure: Leasehold Lease Remaining: 114 years left Yearly Service Charge: £1106.28 PA Annual Ground Rent: £303.30 PA Parking: Allocated parking space Utilities: Mains Electricity Mains Water - metered Drainage: Mains Drainage Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: A DRAFT DETAILS We are awaiting verification of these details by the seller(s).
ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER.
YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
Value & comps
No previous sales on record.
Returns
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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.
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