2-bedroom flat · SO31 6BW
To rentListed 1 day
Opportunity summary
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About
Charters are delighted to offer this smart, modern second-floor apartment, set within a popular development in Locks Heath.
Beautifully presented and offering bright, spacious living accommodation, the property is ideally situated close to Locks Heath Shopping Centre, local eateries and convenient transport links.
The accommodation comprises a bright lounge/diner, a modern fitted kitchen, two well-proportioned bedrooms and a stylish three-piece bathroom.
The property is presented in good decorative order throughout, providing comfortable and practical living for a variety of tenants.
Further benefits include an allocated parking space and secure communal areas. The apartment is offered unfurnished.
Security Deposit: £1,442.30 (based on advertised rental price) Holding Deposit: £288.46 (based on advertised rental price) Council Tax Band: B Additional information Materials used in construction: Ask Agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Primarily a residential area, Locksheath centres around the modern shopping complex known as Locksheath Centre.
This complex offers excellent parking and a comprehensive range of services, such as a Doctors Surgery and a Public Library, as well as a Public House.
Shopping facilities include a large Waitrose and an extensive range of supporting retail outlets, including a chemist.
Schooling in this area is a particular attraction, with the Locksheath Primary and Junior Schools situated at Warsash Road and the Brookfield Senior School located at Brook Lane, the area is also very well served by pre-schools.
Swanwick railway station provides services along the South Coast between Brighton and Poole and an hourly service to London Victoria.
Beyond the station is the M27 motorway giving access along the South coast and excellent access to London via the M3 or A3.
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 Firecracker Drive, Southampton
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