432,432A,432B Bitterne Road, Southampton, Hampshire SO18 1BS
Size
603
Tenure
Freehold
EPC
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Parking
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- Primary use
- Mixed use
Key features
- Rental Income: £12,000 p.a.
- Gross Initial Yield: 9.23%
- Comprises large ground floor 1-bedroom flat newly converted in 2023
- VAT is NOT applicable to this property
- Includes retail shop and 2-bedroom flat at first floor fronting Bitterne Road, both of which have been sold-off
- Nearby occupiers include Lloyds Bank, Pure Gym, Iceland, Specsavers and Superdrug, amongst others.
Description
Gross Initial Yield: 9.23%
Rental Income: £12,000 p.a.
VAT is NOT applicable to this property
Comprises large ground floor 1-bedroom flat newly converted in 2023
Includes retail shop and 2-bedroom flat at first floor fronting Bitterne Road, both of which have been sold-off
Nearby occupiers include Lloyds Bank, Pure Gym, Iceland, Specsavers and Superdrug, amongst others.
Property Description:
Comprises large 1-bedroom flat situated at the rear of 432 Bitterne Road. The property includes ground floor shop and 2-bed flat at first floor fronting Bitterne Road, both of which have been sold-off on long leasehold, providing the following accommodation and dimensions:
Ground Floor: 56 sq m (603 sq ft)
1 bedroom, kitchen/living room, bathroom, store/office
Tenancy:
Flat 432B is at present to an Individual on Periodic Tenancy at a current rent of £12,000 p.a.
Flat 432A has been sold-off on long leasehold for a term of 125 Years from 9th March 2026 at a ground rent of peppercorn.
Shop No.432 has been sold-off on long leasehold for a term of 999 Years from 7 November 2025 at ground rent of peppercorn.
Location:
Southampton is the main commercial and administrative centre of Hampshire and is located 70 miles south-west of Central London. Bitterne is a suburb located to the east of the City Centre. The city benefits from excellent road communications via the M27 and M3 Motorways. Bitterne Rail Station provides regular services to London via Southampton. The property is situated on the south side of Bitterne Road fronting the pedestrianised section, in the heart of the retail area. Nearby occupiers include Lloyds Bank, Pure Gym, Iceland, Specsavers and Superdrug, amongst many more.
- Service charge
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- Business rates
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- Use class
- C3, E
- Listed building
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- BREEAM rating
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- Environmental description
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Brochure
432,432A,432B Bitterne Road, Southampton, Hampshire SO18 1BS
About BLUE ALPINE PARTNERS LIMITED, London
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.
We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.
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Disclaimer - Property reference 432bitternefreehold. 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 BLUE ALPINE PARTNERS LIMITED, 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.