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Lupin Road, Southampton, Hampshire, SO16

PROPERTY TYPE

Semi-Detached

BEDROOMS

3

BATHROOMS

2

SIZE

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TENURE
Describes 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

  • Ideal Investment Opportunity
  • Freehold Property Separated Into Two Apartments
  • Producing an Immediate Income of £1,359 pcm
  • Potential to Improve the Investment Return
  • Great Location Near the University
  • Enclosed Rear Garden
  • Compliance Ready
  • Double Glazing
  • Electric Heating

Description

We are pleased to present an excellent investment opportunity: a freehold property divided into two apartments, currently let at £1,359 per calendar month, delivering a strong gross yield of 6.2%.

Lupin Road is a freehold property that has been separated into two separate apartments, both of which are let on assured shorthold tenancies, offering investors an ideal opportunity to purchase and immediately achieve an income of £1,359 pcm.

The ground floor offers a bright and spacious one-bedroom apartment comprising: entrance hallway, lounge/diner with bay window, double bedroom with built-in wardrobe, utility area, bathroom, and a spacious kitchen/breakfast room opening onto a pleasant rear garden. This apartment is currently let at £850 pcm.

The first floor offers a spacious studio apartment comprising: hallway, lounge/bedroom measuring 13'8" x 12'8", kitchen, and bathroom. It is let at £519 pcm to a long-term settled tenant.

Opportunities in such a sought-after rental area are few and far between, so this really is a great opportunity to acquire a settled investment offering an immediate income. Call us now to arrange a viewing.

Bassett Green is a popular residential area on the northern side of Southampton, offering a calm suburban feel while still being close to key amenities. The neighbourhood benefits from good local schools, nearby green spaces, and excellent transport links, including easy access to the M27 and Southampton Airport. It’s conveniently positioned for Southampton University and just a short drive from the city centre, making it an ideal location for families and professionals alike.



Council Tax Bands
Ground Floor - Band A
First Floor - Band A

All Mains Services Connected (no gas in the property).

From the M27, take exit 5 and head south towards Southampton. As you proceed down Stoneham Way, turn right at the first set of traffic lights onto Bassett Green Road. At the next set of traffic lights, continue straight ahead, then take the third left into Lobelia Road and another left into Lupin Road. The property can be found on the right-hand side.
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.
Yes
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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Lupin Road, Southampton, Hampshire, SO16

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About Woolley & Wallis, Covering Southampton

Southampton
Industry affiliations:

We offer our clients a truly bespoke marketing experience, ensuring they achieve the very best price for their property. As a multi-disciplined firm of chartered surveyors and estate agents, Woolley and Wallis operates a network of offices across the south of England. Our expertise spans every aspect of property sales, acquisitions, building surveying, lettings, valuations, professional advice, and management. To provide the highest level of service and convenience, we conduct appointments seven days a week, from 8 a.m. to 8 p.m., ensuring we are always available when our clients need us most.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,209
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference SOU250062. 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 Woolley & Wallis, Covering Southampton. 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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