Millbrook Road East, Freemantle, Southampton, Hampshire, SO15
- PROPERTY TYPE
Flat
- BEDROOMS
17
- BATHROOMS
17
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- TWO RESIDENTIAL APARTMENT BUILDINGS
- 17 SELF CONTAINED APARTMENTS
- 7 X 1 BED, 8 X 2 BED, 2 X STUDIO APARTMENTS
- INVESTMENT OPPORTUNITY
- CURRENTLY LET AND ACHIEVING £136,320 PA
- POTENTIAL RENT OF £150,300 PA
- FREEHOLD TITLES
- WALKING DISTANCE TO SOUTHAMPTON CENTRAL TRAIN STATION
- PARKING
Description
An opportunity to purchase an investment portfolio which includes 17 residential apartments across two buildings. There are 8 x two bedroom, 7 x one bedroom and 2 x studio apartments. Currently all 17 apartments are tenanted generating a rental income of around £136,320 per annum with scope for rent increases. One of the buildings contains 15 units and is purpose built, the other is a conversion containing 2 units.
INTRODUCTION
An opportunity to purchase an investment portfolio which includes 17 residential apartments across two buildings. There are 8 x two bedroom, 7 x one bedroom and 2 x studio apartments. Currently all 17 apartments are tenanted generating a rental income of around £136,320 per annum with scope for rent increases. One of the buildings contains 15 units and is purpose built, the other is a conversion containing 2 units.
INTERNALLY
All the apartments offer fitted kitchens and bathrooms with neutral décor throughout.
EXTERNALLY
There is off road parking for the residents and communal gardens for both buildings.
LOCATION
Situated in Shirley this property offers easy access to the popular shopping area of Shirley High Street which benefits from a range of chain stores including Sainsbury's, Iceland, Wilkinson's, Lidl and a number of independent retailers. There is a range of public transport on offer including rail travel from Southampton Central Station and Millbrook train station. The M3 can be accessed through Winchester Road and Bassett Avenue and the M27 can be accessed via Millbrook Road leading onto the M271. Southampton is an historic port city on England's south coast which offers a range of shopping and leisure facilities including Ocean Village, West Quay, the Cultural Quarter, Mayflower Theatre and the Civic Centre including the Titanic Museum.
PLEASE NOTE
Photos and floorplans are representative of the varying apartments across both buildings. All 17 apartments have EPC ratings ranging between C-E.
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: TBC
Millbrook Road East, Freemantle, Southampton, Hampshire, SO15
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Millbrook Station0.4 miles
- Southampton Central Station0.6 miles
- St. Denys Station1.9 miles
About the agent
Beals, Shirley
343 Shirley Road, Southampton, SO15 3JD
Welcome to Beal’s, your local estate agent.
Our aim is to provide you with an insight into the unparalleled level of service that Beal’s can offer you throughout the property and financial services sectors. With over 28 years in the market, combined with our team’s extensive experience in this industry, we know better than most that real value, excellence and accountability are not just promises but are delivered.
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With 10 offices across Ham
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Visit our security centre to find out moreDisclaimer - Property reference BSY230136. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Beals, Shirley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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