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Meggeson Avenue, Southampton, Hampshire, SO18

PROPERTY TYPE

Maisonette

BEDROOMS

2

BATHROOMS

1

SIZE

640 sq ft

59 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Cash Buyers Only
  • 9.6% Yield At Asking Price
  • Selling Tenants In Situ
  • £800PCM Rent
  • Perfect Investment Opportunity
  • 2 Bedrooms
  • Upper Level Flat
  • Fitted Kitchen
  • Close To Local Amenities
  • Viewings Recommended

Description

***TENANT IN SITU INVESTORS ONLY***

This 2 bedroom maisonette property presents an excellent opportunity for cash buyers seeking a high-yielding investment.

Offering a 9.6% return at the current asking price, it comes with the added benefit of tenants already in place, ensuring an immediate rental income of £800 per calendar month. Situated in Southampton, Hampshire, the property is leasehold, providing long-term ownership security.

While the property would benefit from some refurbishment, its location and existing rental income make it an attractive prospect for investors looking to enhance their portfolio. With tenants in situ, you can enjoy a hassle-free transaction with rental income from day one. Ideal for those looking to achieve solid returns in a growing rental market, this investment is ready to deliver.

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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Meggeson Avenue, Southampton, Hampshire, SO18

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About Sold.co.uk, London

First Floor, 50 St. Mary Axe, London, EC3A 8FR
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The way Sold.co.uk works is unique to both traditional and online estate agents. Run by real people who are passionate about property, we mutually agree a realistic price with the seller, and work with a large network of pre-qualified property buyers to get a fast sale, as well as listing on all the major property portals. We only ask for a thirty-day contract, don't charge any fees, and even cover legal costs.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£421
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference SLD240779. 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 Sold.co.uk, London. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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