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Get brand editions for Leaders Waterside Properties Sales, Ocean Village

Hanover Buildings, Southampton, Hampshire

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Picture No. 14
1

Key features

  • FANTASTIC INVESTMENT OPPORTUNITY/FIRST TIME PURCHASE
  • CURRENTLY LET OUT AT £1000 PCM
  • FIRST FLOOR
  • PRIVATE OUTDOOR TERRACE
  • OPEN PLAN LIVING/KITCHEN
  • TWO BEDROOMS
  • BATHROOM
  • FIRST COME FIRST PARKING
  • NO FORWARD CHAIN

Description

Exceptional Investment Opportunity – Two Fully Let Flats Producing Approx. 9% Gross Yield
A rare opportunity to acquire two fully tenanted investment flats, offering an immediate income stream and an approximate 9% gross rental yield. Situated in an area benefiting from significant regeneration, this investment combines excellent current returns with strong prospects for future capital growth.
Investment Summary
Flat 14A – One Bedroom Guide Price: £120,000 Current Rental Income: £11,400 per annum
Flat 15A – Two Bedroom Guide Price: £150,000 Current Rental Income: £12,000 per annum
Combined Investment: Purchase Price: £270,000
Current Annual Rental Income: £23,400
Approximate Gross Yield: 9%
The surrounding area is undergoing extensive regeneration and investment, with continued improvements expected to drive demand and support future property value growth. This combination of strong rental performance and excellent long-term prospects makes these flats an ideal addition to any investment portfolio.
Whether you are an experienced investor or looking to make your next buy-to-let acquisition, opportunities offering this level of income and growth potential are increasingly difficult to find.
Early enquiries are strongly recommended. Contact us today for further or to arrang a viewing
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Hanover Buildings, Southampton, Hampshire

Approximate location
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Affordability

Monthly repayments£753
Property: £ 150,000
Deposit: £ 15,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Leaders Waterside Properties Sales, Ocean Village

Unit 8 The Blake Building Ocean Way Ocean Village Southampton SO14 3LN
Industry affiliations:

As one of the UK's longest-established and most respected estate and letting agents, Leaders can be trusted to meet your needs as a seller, landlord, buyer, tenant or buy-to-let investor.

Our team is based in the heart of the community, allowing each of our experts to keep their finger on the pulse of the local property market. The result is that we are perfectly placed to help sellers and landlords achieve the best price for their property.

We understand no two clients are the same so we start by getting to know you and your priorities, which is why we have developed a range of services to suit all circumstances and ambitions. What's more, our packages can be tailored to fit exactly what you are looking for in a quality estate agent.

If you are looking to buy a property we aim to assist with flexible viewings, excellent mortgage advice and personable service throughout. The branch is also able to offer free, no-obligation advice to buy-to-let investors based on local market insight, helping you take the first steps towards

success as a landlord.

It is also important to us to be recognised as an agent that meets all necessary industry standards and guidelines, which is why we are a member of the Association of Residential Letting Agents, The National Association of Estate Agents, the Tenancy Deposit Scheme and SAFEagent.

For quality property advice you can trust, look no further than your local Leaders team.

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Disclaimer - Property reference OCV250081. 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 Leaders Waterside Properties Sales, Ocean Village. 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.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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